Michael Ryan - Aussie Everton Park Mortgage Broker

08/06/2026

03/06/2026

Real estate myth-busting time! 🛠️

A lot of people think that having heaps of equity in their current home automatically means a bank will let them borrow more for the next one. It makes sense on paper, but it’s actually one of the biggest misconceptions out there.

Here is the reality: For standard home loans, banks don’t care how much you own. They care how much you earn. 🏦

Your borrowing capacity is based almost entirely on your income and your day-to-day financial commitments. Your equity is largely irrelevant to that calculation.

Does that mean assets don't matter?

Not at all. While they don't increase your borrowing capacity, they don't go unnoticed. They need to be reviewed to ensure they are reasonable and consistent with the applicant's overall financial position. 🔍

So, what DOES your equity do?

It changes the cost of the loan, not the size of it. High equity means a lower Loan-to-Value Ratio (LVR), which helps you:

✅ Skip Lenders Mortgage Insurance (saving you thousands)
✅ Secure a much sharper interest rate

But it won't get you a bigger loan if your income doesn't support it.

To put it simply: a person earning $80,000 a year with $500,000 in equity can borrow roughly the same amount as a person earning $80,000 a year with a standard 5% deposit.

If you're trying to figure out your actual borrowing power, let's chat. No pressure, just clear answers. Send me a message anytime! 💬

02/06/2026

Join us at the Mitchelton State High School 70th Anniversary Fete where we will be giving away free coffee. No strings attached. Just a good cup of coffee and, if you are keen, we can have a chat about your existing mortgage or plans to purchase.

Register your interest in attending the fete at the link below.

https://www.facebook.com/share/1ErkNPMncT/

Looking forward to seeing you there!

02/06/2026

Thinking about using the government's 5% deposit scheme to buy your first home? Before you do, there's a question most people aren't asking.
A 5% deposit means you're borrowing 95% of the purchase price. If property values drop even 10%, you could end up owing more than your home is worth. We've seen exactly that happen to first home buyers in New Zealand and Canada in recent years.
The scheme isn't a bad thing. For the right person in the right situation it can be genuinely life changing. But it isn't right for everyone, and not enough people are having an honest conversation about that before they sign up.
The most important question isn't whether you qualify. It's whether you should.
If you're thinking about it and want an honest, no obligation conversation about whether it makes sense for your situation, send me a message. Even if the answer turns out to be not yet, that's worth knowing too.

21/05/2026

20/04/2026

🎉 We have a winner!

A huge congratulations to Alastair W., who has won our $100 eGift Card from the Ashgrove free coffee giveaway.

Thank you to everyone who came along, grabbed a coffee, had a chat, and entered the competition. We loved seeing so many friendly faces and proving once again that free coffee is basically a community-building superpower.

Alastair, your eGift Card will be emailed to you shortly.

Thanks again, everyone!

19/04/2026

Free coffee? Check. ✅
Gift card entries? Double check. ✅
Our community being absolute legends? Triple check. ✅
​Thanks for making our giveaway a caffeine-fueled success! The lucky winner of the gift card will be revealed shortly! 🎁☕️

18/04/2026