BTB Money

BTB Money Beyond The Banks Mortgage Manager and Broker. Call 1300 633 616 Beyond The Banks Mortgage Broker.. Call 1300 633 616 .. OR email [email protected] or visit btb.money

What is a mortgage serviceability buffer? Lenders understand that circumstances change. Some are within your control, bu...
16/12/2022

What is a mortgage serviceability buffer?
Lenders understand that circumstances change. Some are within your control, but many are not. To cater for unexpected financial changes (loss of income, short term job loss, illness etc) most lenders include a buffer in their serviceability calculations to protect them (and you) from not being able to meet your repayment obligations when and if circumstances change. If you took out a home loan prior to November 2021, then your lender’s buffer would most likely have been 2.5%. As of November 2021, this buffer increased to 3%. This means that lenders assess your capacity to repay the loan if either interest rates were to rise or your income circumstances changed detrimentally.
That’s why MOST Australians have managed the 2022 interest rate rises, but NOW is the time to be super careful of any unnecessary spending.

16/12/2022

Never been a better time to stop renting and owning your own home. Find out today if you qualify!

🏡🏠 Paris & Benjamin 🏠🏡🏠🏡 Our New Home Journey 🏡🏠"We made contact with Pierre after having problem after problem with a p...
30/01/2021

🏡🏠 Paris & Benjamin 🏠🏡
🏠🏡 Our New Home Journey 🏡🏠

"We made contact with Pierre after having problem after problem with a previous builder and mortgage broker. Within a few weeks from working with Pierre, he had managed to get us an amazing block of land, in the perfect location, with a fantastic floor plan to go with it. Pierre made the finance side easy and stress free, which is the part we are most grateful for, especially after the issues we had encountered in the past. The process of building a home has been made simple and enjoyable, thanks to Pierre’s expertise, we can’t recommend him enough, and will be sure to use him in the future."

22/12/2020

We are expanding and looking for motivated brokers to join the team. Constant flow of leads, multiple streams of income and a broad range of mortgage products. All discussions are confidential. Make the change and start 2021 with a new competitive advantage.

21/08/2020

We are pleased to announce a fantastic new community initiative. We will be sponsoring a child in need through The Smith Family for every new home that settles in 2020 or 2021. We have already kicked off this initiative by sponsoring our first child.

03/08/2020

Who says apartments do not grow in value?
Client purchased apartment in late 2018 for $439,500. Just had it valued by the bank at $475,000
Great outcome.

Address

Level 5, 211 Maroondah, Highway
Ringwood, VIC
3066

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Telephone

+611300633616

Website

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