MaNikka Galo, Finance Broker Liaison, Esteemed Financial Services

  • Home
  • MaNikka Galo, Finance Broker Liaison, Esteemed Financial Services
Call Directions Website

MaNikka Galo, Finance Broker Liaison, Esteemed Financial Services Esteemed Financial Services is your one stop shop for all your home loan requirements

One of our absolute favourite parts of the job is that we get to educate people about finance along the way.⠀⠀Trust us, ...
24/02/2024

One of our absolute favourite parts of the job is that we get to educate people about finance along the way.⠀
⠀
Trust us, it's not boring when it saves you thousands of dollars, countless hours and all the angst that would come from going it alone.

Is your account constantly overdrawn? Are your direct debits bouncing back? Perhaps you're often having to dip into your...
21/02/2024

Is your account constantly overdrawn? Are your direct debits bouncing back? Perhaps you're often having to dip into your savings to pay your regular bills?

Well, here's your friendly reminder to consider how this looks to the bank, particularly if a home loan is on the horizon for you. We think today's the perfect day to start creating a better first impression.

Why?

Well when the bank assesses your home loan application, they'll look at your 'account conduct' over the last few months. Basically, they want to know whether you're managing your accounts in a way that shows you're in charge of your money.

What to do:
– Establish a budget (simple is often best)
– Try to switch bills from quarterly to monthly
– Write down when all your direct debits are due
– Divert money from spending to savings to give yourself a buffer
– Get in touch with us for a no judgment look at what the bank might think of your account conduct.

What are you waiting for?

Setting goals for a big purchase like a home loan deposit can feel overwhelming, but not with the right hacks!1. Explore...
18/02/2024

Setting goals for a big purchase like a home loan deposit can feel overwhelming, but not with the right hacks!

1. Explore high-interest savings accounts or term deposits to make your money work harder for you.

2. Don't overlook the power of side hustles – a little extra income can significantly accelerate your savings.

3. Celebrate small milestones – this is essential if you want to keep your motivation high.

You've got this!

Let us know if you need help crunching the numbers.

Your credit score is a numerical representation of how you manage your debts and financial obligations.⠀⠀When it comes t...
15/02/2024

Your credit score is a numerical representation of how you manage your debts and financial obligations.⠀
⠀
When it comes to applying for finance, lenders need to make a decision about whether they can rely on you to pay them back - and your credit score will give them a good indication.

You can keep your credit file healthy by paying your bills – including credit cards – on time. You also want to keep applications for credit to a minimum, because you don't want lenders thinking you're racking up debt left, right and centre.

When was the last time you accessed your own credit file? Ask us how.

Wondering how long you'd be locked into your home loan? Well, assuming you make only the minimum repayments, you'll be p...
14/02/2024

Wondering how long you'd be locked into your home loan? Well, assuming you make only the minimum repayments, you'll be paying back your loan for as long as the home loan term.

The home loan term is the length of time you and the lender agree your loan will be paid back by.

Home loan terms usually range from 20 to 40 years, with 30 years being fairly standard.

Choosing a longer term will result in lower monthly payments, but you'll pay more in interest over the life of the loan.

Want to know which term is right for you? Get in touch and we'll help you weigh the pros and cons.

Money is the No. 1 thing couples argue about.You might not like talking about money with your partner. But do you know w...
12/02/2024

Money is the No. 1 thing couples argue about.

You might not like talking about money with your partner. But do you know what’s even more awkward?

Finding out you're not financially compatible and letting this cause friction in your relationship. ⠀

Have you had the 'money talk’ with your partner, or is it something you both avoid?⠀

This is for all our first home buyers who are working hard to save for their deposit. You've got this 👊And if you have c...
09/02/2024

This is for all our first home buyers who are working hard to save for their deposit. You've got this 👊

And if you have credit cards, personal loans or car loans we can help you restructure this debt so you can get into your own home sooner.

Ask us how.⠀

The average home loan term in Australia is 30 years, but did you know there are ways to pay it off sooner?Here are some ...
07/02/2024

The average home loan term in Australia is 30 years, but did you know there are ways to pay it off sooner?

Here are some strategies people sometimes use to get ahead on their home loan:
1. Switch to fortnightly repayments
2. Pay extra on top of minimum repayments
3. Use an offset account
4. Consider a redraw facility
5. Refinance to a mortgage with a lower interest rate

Of course, what suits your unique situation depends on a lot of variables - so it's worth speaking with us for tailored guidance.

Get in touch today to understand your options.

We agree. To us, getting on the property ladder, building wealth through investing, and becoming financially fit has not...
05/02/2024

We agree. To us, getting on the property ladder, building wealth through investing, and becoming financially fit has nothing to do with acquiring more 'stuff' and everything to do with freedom.

Freedom to spend time with the people you love and do the things you most enjoy - which we're guessing isn't about being chained to work!
⠀
What do you think?

If buying a home is on the horizon, before you even think about applying for a loan, make sure the way you manage your m...
05/02/2024

If buying a home is on the horizon, before you even think about applying for a loan, make sure the way you manage your money is creating a good impression:

✔️Pare back your spending
✔️Show you're a good saver
✔️Rethink those credit cards
✔️Pay your bills on time
✔️Cut out the UberEats, AfterPay and Sportsbet
✔️Enlist the help of an expert

Lenders love it when you know where your money's going. It gives them confidence that you'll pay them back.

Get in touch to get started!

Address

1/9 Hay Street

6008

Opening Hours

Monday 09:00 - 17:00
Tuesday 09:00 - 17:00
Wednesday 09:00 - 17:00
Thursday 09:00 - 17:00
Friday 09:00 - 17:00

Telephone

+61861497442

Website

Alerts

Be the first to know and let us send you an email when MaNikka Galo, Finance Broker Liaison, Esteemed Financial Services posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Shortcuts

  • Want your business to be the top-listed finance company?

Share