40 Forty Finance

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40 Forty Finance

40 Forty finance is a Melbourne based mortgage broking business. With access to 36 lenders, we ensure the right lending outcome for our clients.

Will Unkles is a credit representative CRN 475126 of BLSSA Pty Ltd ACN 117 651 760 Australian Credit Licence 391237

01/07/2025

Our popular Beginners Guide to Finance Zoom workshop is back.

The session is designed to help first home buyers increase their financial knowledge and dispel a few myths around purchasing a home.

Key Topics include:

✔️Home loans 101
✔️Managing your money
✔️Financial mistakes to avoid
✔️Saving for your first home
✔️Borrowing capacity
✔️Government schemes & grants

Register via the link in bio to secure a place

24/06/2025

Last week was named 2025 VIC Residential Finance Broker of the Year by the Mortgage & Finance Association of Australia. A massive achievement that comes at a time we are celebrating the 10 year anniversary of the business.

Of course, none of this is possible without our amazing clients who continue to trust us with the biggest moments in their financial lives. To all our clients, a massive thank you.

Very excited to see what the next 10 years will bring 👊🏼🍾🏡

15/04/2025

Congratulations to Will Unkles & Nick Birrell who have been announced as finalists in the prestigious Mortgage & Finance Association of Australia state excellence awards for 2025 🎉

Will has been recognised in the Residential Finance Broker category, and Nick in the Loan Administrator category.

The winners will be announced in June. Good luck Will & Nick

07/04/2025

Keen to join our Next Home Buyers Zoom workshop?

The workshop is aimed to assist existing property holders in understanding their options when looking to make their next property purchase.

Key topics include:

🏡 Options for buying your next home
🏡 Buy vs sell first
🏡 Exploring your ability to hold existing property
🏡 An overview on bridging loans
🏡 Borrowing capacity

Register via the link in bio to secure a place

25/03/2025

An offset account could help you reduce interest and pay off your home loan faster 🔥

So, what is an offset account?

It’s an everyday bank account linked to your home loan that reduces the amount of interest you pay by using the money in the account to “offset” the loan balance, effectively lowering the amount on which interest is calculated.

Other key benefits include:

✔️You can use it as an everyday account and have access to the funds anytime

✔️Any interest savings you make from having money in your offset account aren’t taxed – as it’s not counted as income. On the other hand, interest earnings from savings accounts are generally taxable

Reach out if you would like to learn more about offset accounts, and understand how much loan interest you could save 🥳

28/02/2025

Our popular Beginners Guide to Finance Zoom workshop is back!

The session is designed to help first home buyers increase their financial knowledge and dispel a few myths around purchasing a home.

Key Topics include:

🏡 Home loans 101
🏡 Managing your money
🏡 Financial mistakes to avoid
🏡 Saving for your first home
🏡 Borrowing capacity
🏡 Government schemes & grants

Register via the link in bio to secure a place

14/01/2025

Another happy first home buyer! Congratulations Tom 🥂

07/01/2025

Happy New Year!! 🥳 If optimising your lending is on your resolutions list, here are our top tips 🏡

10/12/2024

When assessing your borrowing capacity, a lender will review the below:

💲 Your Income
🍔 Monthly Expenses
🏦 Ongoing Liabilities
💳 Credit History

Your borrowing capacity can differ greatly between lenders due to different policies and assessments.

That’s why engaging a broker is vital as we can navigate each lenders policies on your behalf to ensure your financial goals can be achieved

Keen to learn more? Reach out to the 40 Forty team to chat through your options.

13/11/2024

If you’re dreaming of buying your first home but struggling to save a big deposit, the First Home Guarantee Scheme could help you get there faster! Here’s a few key points:

💰 Minimum 5% Deposit: You only need a 5% deposit, and the government acts as guarantor, enabling you to avoid Lenders Mortgage Insurance and potentially save thousands of dollars

💸 FY24 Income Cap: Your FY24 income (as per your Notice of Assessment) needs to be under $125K (single) or $200K (joint). If you are earning more than this now you may still qualify, and your borrowing capacity will be based on your income now even though it’s above the cap

🏠 Location Based Caps: Property price caps vary by state and region. In Melbourne, an $800k price cap is in place

Reach out and we can work out if you are eligible

29/10/2024

What do mortgage brokers do?

1️⃣ Determine the most suitable home loan product from an extensive panel of lenders

2️⃣ Structure your loan the right way to get it approved and to help you pay it off as fast as possible

3️⃣ Maintain an ongoing relationship as your goals and objectives change

4️⃣ Negotiate with lenders to get you the sharpest possible deal - both upfront & ongoing

5️⃣ Take care of all the paperwork

The best part - it’s a free service for you 🥳 Mortgage Brokers are paid a commission directly by the lender after your loan settles

Keen to start your property journey? Reach out to the 40 Forty team today

15/10/2024

Is your home loan still the best fit for your current circumstances & financial goals?

With interest rates constantly changing and new loan products emerging it’s crucial to ensure your home loan remains fit for purpose.

Here’s a few reasons why you should get a home loan health check with 40 Forty Finance:

1️⃣ Save Money: Identify opportunities to refinance and potentially reduce your interest rate and repayments

2️⃣ Flexible Options: Explore new features like offset accounts, redraw facilities and alternative repayment structures (eg. Interest Only)

3️⃣ Personalised Service: Our team of experts tailor advice to your unique situation, ensuring the best financial strategy for you

4️⃣ Peace Of Mind: Stay confident knowing your mortgage is optimised for your needs

Don’t let an outdated home loan hold you back. Contact 40 Forty Finance for your free home loan health check 🏡

Address

Melbourne, VIC

Telephone

+61423482117

Website

http://www.40forty.com.au/, http://www.40forty.com.au/events

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