Warren Bank at Coast Finance

08/05/2026

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10/03/2026

Don’t let the banks set up your weekly or fortnightly repayments without checking the structure.

Many lenders calculate weekly or fortnightly repayments in a way that provides little to no real benefit compared to monthly payments. However, when set up correctly, these repayments can potentially reduce your loan term by up to five years and save you thousands in interest.

If you’d like to make sure your repayments are working in your favour, call me on 0404 340 212. All conversations are completely obligation-free.

03/03/2026

Interest rates are expected to rise.

Many banks are already increasing their fixed rates mid-month to stay ahead of further changes. Now may be the right time to consider a split loan strategy — combining part fixed and part variable — to help reduce the impact of future rate increases on your repayments.

If you'd like to explore your options and see what structure may suit your situation, call me on 0404 340 212. All conversations are completely obligation-free.

04/02/2026

Anyone else annoyed that when interest rates go up the bank's immediately increase them, however when they go down they take 3-4 weeks to pass the reduction?

03/02/2026

My little business, which has been going strong for 11 years, is taking its next step forward. Yesterday, Stacey Raiarta joined Coast Finance as a Loan Administrator. Stacey will be assisting the business by providing additional support to our Coast Finance customers and family.

I want to sincerely thank everyone who has supported me over the years and continues to do so. I truly love what I do and enjoy helping each and every one of you.

Please join me in welcoming Stacey to the team. No doubt she’ll be in touch shortly to introduce herself and offer any support she can to help you achieve your goals—whether that’s reducing your debts, buying your next home, or assisting with your next big purchase.

If you’d like support now, feel free to contact me on 0404 340 212 or Stacey on 0497 238 991.

Send a message to learn more

20/05/2025

It’s the news homeowners across the nation love hearing. The Reserve Bank of Australia (RBA) has slashed the cash rate 0.25 percentage points, bringing it down to 3.85 per cent. The announcement comes after inflation continued to drop in the March quarter.

Read today’s official statement on the RBA’s website.
‌
‌‌ ‌‌
Cash rate dropped to
3.85%
Decreased by 25 basis points

20/05/2025

Helping your adult kids buy homes

With it becoming more and more difficult for young people to get onto the property market, it is now increasingly common to see parents guaranteeing loans for their adult children as purchasers.

Then questions that are most commonly asked is, if in the instance my adult child cannot make the repayments, for whatever reason, what are my risks?

• Loans are limited guarantee’s, meaning you do not place your whole home/security at risk, only a portion to reduce the overall loan of your adult child’s property, to 80% of the value of their home. E.g. home value $500k, 20% is $100k.
• The option of the home being rented out while your adult child gets back on their feet is available, limiting risk and gaining rental income to contribute to the loan.
• If the home is sold and there is a residual balance outstanding, the loan is still the responsibility of your adult child and is secured by your home until the debt is paid off. E.g. home is sold for $500k, outstanding debt was $530k, once sale settles a residual loan of 30k is remaining and is secured by the guarantee property until the loan is paid off.

So, in the instance the circumstances of your adult child changes and they go through some hardship, the child and the guarantees have options to limit the risk to all parties.

First Homeowners are not affected by guarantee loans, the First Homeowners Grant/s are still available to the adult child who has never owner occupied a home.

03/02/2025

Interest rate relief is in it’s way

The RBA will almost certainly consider the case for a cut when it meets and if your interest rate after the rate cut doesn’t start with a 5, you’re paying too much and it’s time to refinance.

I’m ready to take your call (0404340212) to discuss a lender that is going to give you a better rate that will help you pay your loan off quicker or give you those funds to help with the current high cost of living in this country.

One rate cut of 0.25 percentage points — passed on in full by the banks — would mean monthly repayments on a $600,000 mortgage are trimmed by $92.
“This is based on an owner-occupier paying principal and interest on the average variable rate of 6.33 per cent and 25 years remaining on the loan,”.
For owner-occupiers servicing a $700,000 loan, the monthly savings would rise to $108, and further to $154 for repayments on a $1,000,000 mortgage.

27/01/2025