Ashley Clarke - Innovative Home & Business Finance

07/03/2023

02/03/2023

⭐️⭐️⭐️⭐️⭐️

12/02/2023

Emily Gavan l Operations Manager

Emily is one of the founders of Innovative Finance and has been instrumental in building the foundations at Innovative.

Emily started her career in finance as an Operations Manager at Westpac before transitioning across to Innovative.

Emily is methodical in always looking for ways to improve client experience & to ensure clients have the knowledge, understanding and confidence to make the best decision for them & their circumstances.

Recognised at Industry Awards over the years Emily is our process expert. Emily is a key leader within the Innovative Team and is always working to enhance our vision & strategy.

Emily is vital to the team and is respected for her hard work and ability to get the job done.

Outside of work Emily loves spending time with her family, cooking & enjoying a quiet wine.

27/01/2023

If you are thinking of refinancing, a common incentive used is 𝐋𝐞𝐧𝐝𝐞𝐫 𝐂𝐚𝐬𝐡𝐛𝐚𝐜𝐤𝐬!

Prior to making the switch, it's important to understand if refinancing makes sense. Below we have made a list of benefits and considerations of cashbacks and if the gains outweigh the overall cost:

🏡 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬
✅Cashbacks can partially or fully cover the costs associated with refinancing.
✅ It is a great incentive when changing to a lender that better aligns to your goals with little or no cost associated with the switch.

📌 𝐂𝐨𝐧𝐬𝐢𝐝𝐞𝐫𝐚𝐭𝐢𝐨𝐧𝐬
☝️𝐂𝐚𝐬𝐡𝐛𝐚𝐜𝐤 𝐨𝐟𝐟𝐞𝐫𝐬 𝐚𝐫𝐞𝐧’𝐭 & 𝐬𝐡𝐨𝐮𝐥𝐝𝐧’𝐭 𝐛𝐞 𝐚 𝐫𝐞𝐚𝐬𝐨𝐧 𝐟𝐨𝐫 𝐫𝐞𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐧𝐠- it is important to ensure your core needs & goals will be met- Cashback incentives should be viewed as a bonus on top of all the other reasons you're refinancing.
💡Does the Lender offer the loan structure you are after?
💡Does the new lender offer the product features that will compliment your overall financial needs (offset account, redraw facility, weekly/fortnightly repayments)?
💡Does the Lender offer access to services you need- ie internet banking, physical branch access?
☝️𝐖𝐞𝐢𝐠𝐡 𝐮𝐩 𝐭𝐡𝐞 𝐥𝐨𝐧𝐠 𝐭𝐞𝐫𝐦 𝐜𝐨𝐬𝐭𝐬- Cashbacks may cover the switching costs but review your projected savings to see if there is a more competitive offer out there.
☝️𝐑𝐞𝐚𝐝 𝐭𝐡𝐞 𝐟𝐢𝐧𝐞 𝐩𝐫𝐢𝐧𝐭- Most lenders only offer cashbacks for loans over a certain amount and to new customers only- so if you hold other facilities with that lender you may not be eligible to receive the cashback offer.