Mitch Fing - Finance Broker

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Mitch Fing - Finance Broker

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18/09/2026

When someone asks me how much they can borrow, there are usually two numbers I'm interested in.

The maximum a lender will approve - and what actually feels comfortable for that person.

They're not always the same.

I like starting with the repayment. What would you be comfortable paying each week or month while still having room for everything else?

Then we can work backwards and see what that means for your property budget.

Borrowing capacity is useful to know. I just don't think it needs to become the target.

16/09/2026

One thing that surprises people is how much borrowing power can vary between lenders.

Same income. Same deposit. Same debts. Same person.

But lenders don't all assess those things in exactly the same way.

I've run plenty of scenarios where one lender's answer looks quite different to another's.

That's why I don't think the best place to start is picking a bank.

Start with your situation, what you're looking to do and what you're comfortable spending. Then work out which lender fits it best.

If you're thinking about buying and want to know where you sit, I'm happy to run through it with you.

11/09/2026

I get asked variations of "should I wait?" pretty regularly.

The truth is, none of us know exactly where property prices will be in three months, six months or a year.

So I wouldn't make the whole decision around trying to pick the bottom.

I'd be looking at whether you've found the right property, whether the repayments are comfortable and whether buying makes sense for your plans.

If those things line up, getting the exact bottom of the market matters a lot less.

09/09/2026

A recent client came to me before they'd found the property.

We worked through their maximum borrowing capacity, but more importantly, what they were actually comfortable spending based on the weekly repayments.

We even talked through whether buying cheaper and allowing money for renovations might suit them better.

Then they started watching the market - asking prices, actual sale prices and what they could get for their budget.

They found one listed at offers over $970k and were comfortable making a strong offer at $1mil.

Because the finance work was already done, they could also offer a short finance timeframe.

The offer went in the day after the property was listed. It was accepted that day and the remaining open homes were cancelled.

That's the value I see in getting organised early. When the right property appears, you already know what you're comfortable doing.

07/09/2026

There's a little more choice around for buyers at the moment, and I think that's a good thing.

But I wouldn't wait until you've found the right property to start thinking about finance.

Work out your borrowing position, know what repayments you're comfortable with and get that part sorted early.

More choice gives you the opportunity to be selective. Being prepared means you can actually act when the right property comes along.

If buying is somewhere on your radar, now's a good time to get the finance piece sorted.

06/09/2026

"I've been with my bank for years, so I'd hope I'm on a pretty good rate."

I hear some version of this fairly regularly.

And sometimes you absolutely are.

But home loan pricing changes all the time, particularly when lenders are competing for new business.

That doesn't mean you automatically need to refinance.

One of the first things I'd usually do is see what your current lender is prepared to offer. Sometimes a simple pricing review is enough.

Loyalty is fine. I'd just check the rate every now and then.

04/09/2026

There's plenty of competition between lenders at the moment, so naturally a lower rate gets attention.

And it should.

But when I'm reviewing a home loan, I'm also looking at the cost of moving, the features, how the loan is structured and what the client plans to do next.

Sometimes refinancing stacks up really well. Sometimes staying where you are makes more sense.

The point of the review isn't to find an excuse to refinance. It's to work out whether you're actually better off.

If it's been a while since you've looked at yours, I'm happy to review it.

02/09/2026

The RBA gets most of the attention when we talk about interest rates, but it's not the only thing that moves your home loan rate.

Something I've noticed recently is lenders getting more competitive again.

Some have sharpened variable rates or introduced special pricing to attract new business, even without an RBA rate cut.

That's good news for borrowers.

My view? Spend less time trying to predict the next RBA decision and a little more time looking at the rate you're actually paying.

You might have more options than you think.

05/05/2026

Rates are up again. Here’s what it means:

• Variable loan → repayments will increase
• Fixed loan → no change (for now)

But here’s the real issue 👇
Most people don’t have a plan for what’s next.

Refinance? Fix? Restructure?
There’s no one-size-fits-all.

If you’re unsure what to do — let’s map it out.

27/03/2026

Fixed rates don’t just follow the RBA cash rate.

They’re based on expectations.

Lenders look at funding costs, forecasts and market conditions when setting them.

That’s why fixed rates often move before the headlines catch up.

By the time everyone is talking about rates rising or falling, the pricing may already reflect it.

For most borrowers, trying to perfectly time the market isn’t the goal.

Choosing a structure that fits your plans usually matters far more.

If you’re unsure how fixed rates fit into your situation, happy to talk it through.

Address

Gold Coast, QLD

Telephone

+61421745260

Website

http://mitchfing.com/

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