Materio Anuk- Mortgage Broker

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Canberra, ACT
Materio Anuk- Mortgage Broker

Planning to buy/ invest your new property or refinance your existing one? Lets work together to make your property goals a reality!!!

25/03/2026

Planning to apply for a home loan? Check your Buy Now Pay Later (BNPL) accounts first.

When I sit down with clients for a home loan discussion, I often notice something interesting.

Many people have Buy Now Pay Later (BNPL) accounts like Afterpay, Zip or Step Pay simply because the bank or an app offered it at some point. Quite often, the client has never even used the account. Some don’t even realise it’s still open, and a few are not sure how to close it.

But from a lender’s perspective, an open BNPL facility is still considered a credit commitment, even if the balance is zero.

In the current lending environment, many borrowers are already pushing close to their maximum borrowing capacity. Small facilities like BNPL can slightly reduce borrowing capacity or create extra conditions during the credit assessment.

For example, lenders may:
• Treat the BNPL limit similarly to a credit card
• Assume a small monthly repayment based on the limit
• Or factor the repayments into your living expenses assessment

Individually the impact may not be huge, but when borrowers are stretching to their limits, every bit matters.

Technically, the bank can ask you to close these facilities during the formal approval stage (after you find a property). However, I have seen recently that this process can take time, and borrowers end up under pressure trying to meet the finance approval deadline in the contract.

My simple advice:

✔ If you are not using your BNPL account, consider closing it now
✔ Don’t keep it open just because it was offered to you
✔ Remember, it is not “free money” — it is still treated as credit by lenders

Cleaning up small things like this before you apply for a home loan can make your application smoother and less stressful.

If you’re unsure whether something on your profile might affect your borrowing capacity, feel free to reach out.

19/03/2026

Home Loan 🇦🇺 -

Sometimes the best strategy is not “buy now”… but “prepare to buy.”

Recently I spoke with a client who is permanent resident but her partner is not yet a permanent resident (currently on the pathway to PR).

Situations like this can make home loan structuring a little tricky.

We explored several options:

• Buying in her name only, with the loan in her name only
• Buying in her name, while using the partner’s income to offset household expenses (some lenders allow this in servicing)
• Buying in her name, but with both incomes included in the loan assessment

After running the numbers across different lenders, all options resulted in limited borrowing capacity.

So instead of forcing a deal today, we worked on a short-term strategy.

The plan:

For the next 3 months, she will take on additional shifts / possibly a second job (as long as her health and workload remain sustainable).

Why 3 months?

Because most lenders want to see consistent income history before including a new income stream in borrowing capacity.

After 3 months we will review:

• the updated borrowing capacity
• whether both incomes are sustainable
• whether the workload is realistic long term

Then there are two possible outcomes:

Scenario 1 — Capacity improves enough:
She may be able to purchase without paying Lenders Mortgage Insurance (LMI).

Scenario 2 — Capacity still limited:
She may still buy a slightly lower priced property and proceed with LMI.

And sometimes that is still a very good outcome.

Because waiting forever for the “perfect scenario” often means missing the opportunity to enter the market.

The key point is this:

A mortgage advice is not always about pushing people to buy immediately.

Sometimes it’s about building a strategy so the numbers work properly.

And in many cases, 3–6 months of planning can completely change someone’s borrowing power.

If you're in a similar situation — especially with visa complexities, income structure issues, or borrowing capacity challenges — it’s worth having a proper strategy conversation.

17/03/2026

US-Iran War: Should you delay buying a home in Australia?

Many people are asking this question right now.

Wars can create uncertainty in global markets. Oil prices may rise, inflation can increase, and interest rates may stay higher for longer.

But historically, global conflicts have not stopped the Australian property market for long. What matters more is your job stability, borrowing capacity, and long-term plan.

If you can comfortably afford the loan even if interest rates increase slightly, and you are buying for the long term, then global headlines alone should not stop you from buying your home.

The real question is not “Is there a war?”
The real question is “Can you comfortably afford the loan?”

Because property is a long-term decision, not a short-term headline.

13/03/2026

Home Loan 🇦🇺 -

When I speak with potential home buyers applying for a home loan, I often hear this:

“I’m working like full time.”

But when I check the payslip, it shows part-time hours — for example 16 or 24 hours per week — even though the person is regularly working 38+ hours through extra shifts.

Because they work those hours consistently, many people assume they are full-time employees.

But technically, your employment contract defines your base employment status.

Extra shifts, overtime, and penalties are common in healthcare, but they are usually treated separately from your base contracted income.

This becomes important when applying for a home loan.

Most lenders will assess 100% of your base income, while overtime, penalties, or shift allowances are often averaged over time or counted differently depending on the bank.

Because each lender has different policies, borrowing capacity can vary quite a lot, even if your total income is the same.

The good news is that some lenders have more flexible policies for professions like registered nurses, ENs, AINs especially when overtime income is consistent.

But navigating these differences can feel like a minefield.

If you’re unsure how your employment structure affects your borrowing capacity, it’s always better to speak with a mortgage broker before applying.

Sometimes a small difference in how income is assessed can make a big difference to what you can borrow.

01/03/2026

Home Loans 🇦🇺 -

"I only have 5% deposit… should I buy now with 95% loan? Or wait few more months and save bigger deposit?”

My honest answer is:

Buy now (if you already have 5% deposit purchase costs and you qualify for the 5% Government Scheme).

Because waiting sounds smart… but in real life, waiting is risky.

If you buy now:

-> You lock today’s price
-> You protect yourself from future price rise
-> You enter the market earlier
-> You avoid future problems like:

~ bank policy changes

~ interest rate changes

~ your income changing

~ job situation changing

~ borrowing capacity dropping

And trust me… I’ve seen it happen so many times.

People wait to save extra $20k…but the market moves up $50k.

Now the same property becomes harder to buy.

Also remember this:

If later you save more money, you can always reduce your loan.
If your loan is not fixed, you can put extra money into your home loan anytime. Any amount. Any time.

So you’re not “stuck” with a big loan forever.

You can buy now, then build your savings after settlement and smash down the loan slowly.

Getting into the market is the biggest step.
Everything else can be improved later.

If you’re sitting on 5% deposit and not sure if you qualify for the 5% scheme, message me and I’ll check it for you.

27/02/2026

Home Loan 🇦🇺 - today’s topic

What if the bank values your property LOWER than your contract price?

This happens more often than people think.

You sign a contract for $900,000…
but the bank valuation comes back at $860,000.

Now the bank will lend based on $860,000, not what you agreed to pay.

So what are your options?

✅ Option 1: Try another lender’s valuation

This is where your mortgage broker becomes important.

Different lenders can value the same property differently.

So we can send it to another lender and check if their valuation comes closer to your contract price.

⚠️ But even if the valuation works, you still must meet that lender’s credit policy
(income, debts, servicing, employment, visa status, etc.)

If you don’t qualify, then it won’t help.

✅ Option 2: Continue by paying extra from your side

If you really want the property, you can still proceed by contributing more deposit.

Example:
Contract price: $900,000
Valuation: $860,000
Gap: $40,000

That extra amount must come from your savings.

✅ Option 3: Walk away (only if contract allows)

If your contract has a finance clause, you may be able to cancel the deal.

But if it’s an unconditional contract (auction or no finance clause), then you usually cannot rescind.

And you may lose your deposit.

Always speak with your broker before going unconditional, especially if you’re buying in a hot market.

A low valuation can destroy a deal even if you have a pre-approval.

Are you planning to buy your dream home and need financial advice. Please dm me.🙂

29/10/2025

Home Loan Approved!!!

Clients working in retail sector bought this beautiful 4 bedrooms house in Gilmore, ACT. Congratulations!! on their first home purchase 🏡.

Are you planning to buy your dream home? Lets work together to make your dream come true🙂

22/09/2025

Home Loan Approved!!!

#5% deposit #
No Lenders Mortgage Insurance.

Clients bought this beautiful 3 bedrooms townhouse in Moncrieff, ACT with only 5% deposit.Congratulations!! on their first home purchase 🏡.

# New home loan laws are coming in place from 1st October with more flexible terms and conditions. For any enquiries, please dm me.

15/09/2025

First home buyers, mark your calendars.

We’re making it easier for you to get your foot in the door sooner.

27/08/2025

Loan approved!!!

Refinance done for this owner occupied property in Sydney with better interest rate and cashback 💵 offer from the bank.

Are you looking to lower your monthly repayments?? Planning to refinance to get a better interest rate? Contact me for some exciting offers.🏡🏠

18/08/2025

Loan approved!!!

Refinance done for this owner occupied property in McGregor ACT with better interest rate and cashback 💵 offer from the bank.

Are you looking to lower your monthly repayments?? Planning to refinance to get a better interest rate? Contact me for some exciting offers.🏡🏠

12/08/2025

Breaking news!!!!!!

Relief for homeowners as RBA delivers highly-anticipated rate cut. Reserve Bank of Australia cutting interest rates for a third time in six months.

RBA cuts the official cash rate by 25 basis points to 3.60%, taking it to the lowest level since April 2023.

Are you looking to refinance your property??? Get in touch with me to know the exclusive rates and cash back offers.

Address

Canberra, ACT

Telephone

+61452223904

Website

http://www.capkon.com.au/

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