Ryan Home Loans

22/08/2024

The sun is out – and so are the buyers! Spring is traditionally a peak period for property, and there’s a good reason why spring 2024 is shaping up to be a bumper season. Here’s how to prepare if you’re planning to buy in the weeks ahead. 🌸 🏡 🌼

The sun is out – and so are the buyers! Spring is traditionally a peak period for property, and there’s a good...

19/08/2024

🌳 Is a bush or bay change on your bucket list? 🏝 ⁣
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A surging number of city-slickers are heading to the bush or bay, latest CommBank research shows. ⁣
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Metro to regional relocations are now 20% higher than pre-Covid. 😮⁣
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Part of the appeal is affordability. ⁣
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National regional home prices are $626,000 on average, compared to $864,000 across state capitals. 🤔⁣
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That’s a potential saving of $238,000. 👍⁣
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That can also translate to a $1300-$1600 difference in home loan repayments each month, depending on the loan term, interest rate and deposit amount (wouldn't that be nice?).⁣
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So if you’re hankering for a home among the gum trees, talk to us about a tree or sea change home loan. 👇⁣
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To find out more, DM us or contact Bill from Ryan Home Loans on:

☎ – 0400 996 655
💻 – [email protected]

14/08/2024

Want to grow your investment portfolio but have most of your wealth tied up in your family home? You may be able to leverage recent gains in the property market as equity for an investment property. Let’s take a look. 👀

Want to grow your investment portfolio but have most of your wealth tied up in your family home? You may be able...

14/08/2024

🤔 Could BNPL be a roadblock for your home purchase? 🤔⁣
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Two-in-five Australians now use buy now pay later (BNPL) services, according to Finder. ⁣
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But if you’re a prospective home buyer it might be worth going easy on BNPL. 🙃⁣
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Owing money on BNPL could see a lender scale back your borrowing power. 😮⁣
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You may even be asked to close BNPL accounts as part of getting loan approval. ⁣
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If you're currently house hunting and owe money on one or several BNPL accounts, give us a call and we can help you get your finances home loan ready. 👇⁣
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To find out more, DM us or contact Bill from Ryan Home Loans on:

☎ – 0400 996 655
💻 – [email protected]

12/08/2024

🏔 One-in-three of borrowers are still to face the mortgage cliff 🏔⁣
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It’s not over just yet...⁣
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Over one-third of the low-rate fixed loans from 2022 will roll over to variable rates this year, says the RBA. 😮⁣
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If that sounds like you, it might be time to start planning ahead.⁣
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✅ Know how your repayments could change: we can explain likely loan repayments after your fixed-rate period ends.⁣
✅ Give your budget an overhaul: cutting back on non-essentials can free up extra cash and help build a buffer.⁣
✅ Skip loyalty tax: many lenders offer attractive rates to new customers. Refinancing could help you save with a lower rate.⁣
✅ Last but not least, talk to us: we can help you prepare for the end of your fixed-rate home loan.⁣
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To find out more, DM us or contact Bill from Ryan Home Loans on:

☎ – 0400 996 655
💻 – [email protected]

07/08/2024

Your job can provide more than an income. When it comes to being approved for a home loan, certain roles can enjoy favourable treatment from lenders. Which jobs? Let’s take a look 🩺 👩🚒 👩🏫

Your job can provide more than an income. When it comes to being approved for a home loan, certain roles can enjoy...

07/08/2024

🤨 What assistance is available for first home buyers? 🤨⁣
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Saving up to buy your first home is no mean feat. 😅⁣
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Fortunately, there’s a few schemes and options that can help you get your foot in the door. 🥾⁣
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Pick from:⁣
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✅ The Home Guarantee Scheme: buy with just a 5% deposit and no LMI.⁣
✅ First Home Owner Grants: worth up to $10,000 in many (but not all) states.⁣
✅ Stamp duty concessions or exemptions: available in most states.⁣
✅ The First Home Super Saver Scheme: grow a deposit in super^.⁣
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Even better, you can mix and match the different schemes above to help fast-track your first home purchase.⁣
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Talk to us to find out about the first home buyer schemes you could tap into. 👇⁣
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To find out more, DM us or contact Bill from Ryan Home Loans on:

☎ – 0400 996 655
💻 – [email protected]

05/08/2024

🚨 Investor alert: rental property claims on the ATO radar 🚨⁣
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Landlords, look out! 😮⁣
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The Australian Tax Office is warning that rental property claims are under the spotlight this year. 🔦⁣
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It follows a review showing 9 out of 10 landlords are getting their tax returns wrong. 😬⁣
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So what do you have to watch out for in particular this year? 🤔⁣
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Repairs and maintenance costs will be closely reviewed. 🏚⁣
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The tax man will also be looking for inflated expenses to offset increased rental income. 🧐⁣
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If you think this might be the year to start using a tax agent, get in touch and we'll put you in touch with someone we trust. 👇⁣
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To find out more, DM us or contact Bill from Ryan Home Loans on:

☎ – 0400 996 655
💻 – [email protected]

31/07/2024

🤔 What happened to the predicted 2024 rate cuts? 🤔⁣
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Interest rates don’t look like heading south any time soon. 🙃⁣
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It’s all thanks to inflation, which is sitting stubbornly just above the Reserve Bank’s target range of 2-3%*.⁣
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Chances are we won’t see any cash rate cuts for home loans until at least early 2025 (and some pundits are now saying a hike might now come before a cut). 😤⁣
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But don’t let that stop you from taking action of your own. 👍⁣
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We’re still seeing a big difference in rates across lenders.⁣
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Better still, rising property values may mean you’re in a great position to refinance. 👇⁣
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To find out more, DM us or contact Bill from Ryan Home Loans on:

☎ – 0400 996 655
💻 – [email protected]

29/07/2024

🧐 What does buying a home ‘subject to finance’ mean? 🧐⁣
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Seen a place you love but not sure if you’ll get a home loan? 🤔⁣
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Making an offer ‘subject to finance’ can buy valuable breathing space. 👍⁣
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It means you could walk away from a purchase with your deposit intact if you can’t land a home loan. ⁣
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The catch? 🎣⁣
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The seller doesn’t have to go along with a sale that’s subject to finance - and there's a reasonable chance they won't if you're buying in a seller's market. 🙃⁣
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Another option you can consider is lining up home loan pre-approval before making an offer on a property. 🙌⁣
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If you'd like to find out more about pre-approval, call us today. 👇⁣
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To find out more, DM us or contact Bill from Ryan Home Loans on:

☎ – 0400 996 655
💻 – [email protected]