Alecto Finance

Put the party pies on ice and postpone those rate-cut celebrations. The much-touted rate cuts we’ve been waiting for may not arrive until 2025. Here’s why rates could be staying higher for longer, and how to take action yourself. 🏡

Rate cuts? Pencil them in for 2025 Put the party pies on ice and postpone those rate-cut celebrations for a while yet. The much-touted rate cuts we’ve been waiting for may not arrive until 2025. Here’s why rates could be staying higher for longer, and how to take action yourself.June saw the Reserve Bank of Australia (RBA) keep t...

🏠 What's the average home loan size where you live? 🏠⁣⁣
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Here’s how the average new home loan shapes up in your neck of the woods (ABS data):⁣⁣
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NSW – $770,000⁣⁣
VIC – $614,000⁣⁣
ACT – $581,000⁣⁣
QLD – $559,000⁣⁣
SA – $530,000⁣⁣
WA – $530,000⁣⁣
TAS – $434,000⁣aNT – $422,000⁣⁣
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Remember, averages don’t paint the full picture. 🎨⁣⁣
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What matters is that you have a loan you can manage.⁣⁣
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Talk to us to know your borrowing power, and let us help you get a loan that suits your budget. 👇⁣⁣
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To find out more, DM us or contact Alecto Finance at:

📞 1300 386 348
💻 [email protected]

Building your dream home? A construction loan can help you make it a reality ️


Building or renovating your home is exciting, but financing it can be tricky. Here's how construction loans can help with progress payments and interest-only options during construction!

Want to know more? We can help you find the right lender and navigate the process! ➡️ https://loom.ly/K-sG3Zc

📢 Have you heard of loud budgeting? 📢⁣⁣
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Lending to first home buyers is up, and NAB research puts it down to many young Australians embracing ‘loud budgeting’. 📣⁣⁣
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It’s all about boldly letting friends/family know you’re sticking to a budget to kick some serious savings goals. ⚽️⁣⁣
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Chances are, they’re keen for you to save too. 🙌⁣⁣
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So, instead of a pricey night out, you may decide to catch up over a low-cost night in - with the idea being that your closest family and friends understand why.⁣⁣
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Talk to us for more strategies that can help you get into a place of your own sooner. 👇⁣⁣
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To find out more, DM us or contact Alecto Finance at:

📞 1300 386 348
💻 [email protected]

Fresh air, no bumper-to-bumper traffic and more affordable home prices. There’s plenty of appeal in regional living, including a chance to potentially reduce your home loan. 🏡⁣⁣

Is a tree or sea change on your horizon? Fresh air, no bumper-to-bumper traffic and more affordable home prices. There’s plenty of appeal in regional living, including a chance to potentially reduce your home loan.The classic tune ‘Home among the gum trees’ is fast becoming a lifestyle anthem for a growing number of Aussies.A surging...

⏳ Time is on your side when you're an investor ⏳⁣⁣
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Keen to succeed on your investment property journey? 💪⁣⁣
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All you may need is time.⁣⁣
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CoreLogic’s latest Pain & Gain report shows properties re-sold in the final quarter of 2023 made a median profit of $310,000. 🙌⁣⁣
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But the big money went to those who held for longer:⁣⁣
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✅ Properties held for 20 years earned a $425,000 median profit⁣⁣
✅ Those held for 30-plus years scored a median profit of $784,000.⁣⁣
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Your loan can play a role too. And that's where we come in by helping match you up with a suitable investment property loan.👇⁣⁣
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To find out more, DM us or contact Alecto Finance at:

📞 1300 386 348
💻 [email protected]

Can't help but beam with pride when we get a review like this one! Thanks Andrew! ❤

🪓 Want to chop your home loan rate? 🪓⁣⁣
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RateCity recently found that 80% of people who’ve asked their lender for a rate cut, got one. 👍⁣⁣⁣
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But it’s not that simple. You need to:⁣⁣
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✅ ⁣Know your home loan rate⁣⁣
✅ ⁣Know the rate your bank is offering new customers, and⁣⁣
✅ Arm yourself with rates from other lenders, and be prepared to walk if your lender doesn't want to play ball.⁣⁣
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Sound like too much hard work?⁣⁣
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Well, one solution is to give us a call and we'll help guide you. 👇⁣⁣⁣
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To find out more, DM us or contact Alecto Finance at:

📞 1300 386 348
💻 [email protected]

Cheers to His Majesty and a glorious King's Birthday weekend in Oz! 🇦🇺 Who's got barbecues, beach days, and long weekends on the agenda?

You might have seen a headline or two about a particular big bank being at war with brokers. Nothing could be further from the truth. Our mission is – and always will be – putting you first. That’s why three in every four borrowers now come to us for help. 🤜 🤛⁣⁣⁣

Why three-in-four Aussies turn to a broker for home loan help You might have seen a headline or two about a particular big bank being at war with brokers. Nothing could be further from the truth. Our mission is – and always will be – putting you first. That’s why three in every four borrowers now come to us for help.Borrowers are more spoilt for choice t...

🔨 Shrinkflation: the hot new renovation trend? 🔨⁣
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Aussies love a good renovation project! (any The Block fans around here?) 😅⁣
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But we don't all have dozens of sponsors to help us fund a reno for a multi-million dollar mansion. ⁣
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Instead, some homeowners are beating high costs by scaling back their plans. 🤨⁣
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Housing Industry Association research* shows affordability and value are becoming key considerations for renovators.⁣
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That’s seeing ‘shrinkflation’ kick in as homeowners opt for smaller but perfectly formed spaces - especially when it comes to costly improvements like bathroom upgrades. 🚽⁣
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What also matters is how you fund your home improvements. 👍⁣
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And that's where we come in. Call us today to discover what financing options you have available to you for your next reno project. 👇⁣
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To find out more, DM us or contact Alecto Finance at:

📞 1300 386 348
💻 [email protected]

Empower your business growth! As an Aussie business owner, you have a toolbox full of financial products to choose from. Learn the different options to pick the perfect fit for your needs. We can help you navigate it all!

https://loom.ly/wqAH7lE

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🤔 Is home ownership the key to happiness? 🤔⁣
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Your home isn’t just a roof over your head. It’s also a source of joy! 😁⁣
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A recent survey by Great Southern Bank shows that owning a home has the power to bring extra happiness to our lives.⁣
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It’s like comfort food for your financial well-being. 😅⁣
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Want to boost the feel-good factor?⁣
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Let us help line you up with a home loan that’s right for your needs. 🙌⁣
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Right home. Right loan. Great combo. ✅⁣
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Talk to us to find your ideal mortgage match, and unleash your inner joy. 👇⁣
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To find out more, DM us or contact Alecto Finance at:

📞 1300 386 348
💻 [email protected]

Nan and Pop have always been good for birthday money, but one-in-10 grandparents are taking their generosity to the next level: helping their grandkids buy a first home. 🏡⁣⁣

First home buyers turn to Bank of Nan and Pop Nan and Pop have always been good for birthday money, but one-in-10 grandparents are taking their generosity to the next level: helping their grandkids buy a first home.Most of us have special memories of pocketing a few treats from Granny and Gramps.But it turns out those small gestures of affectio...

🙌 Mortgage brokers have done it again! 🙌⁣
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We’ve just notched up another industry win, setting a new record for market share. 😮⁣
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72% of Aussies now turn to a mortgage broker for help landing a home loan (MFAA stats).⁣
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Makes sense (to us at least!). Because as your broker, our job is to help you:⁣
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✅ Potentially save with a competitive rate⁣
✅ Enjoy better loan features⁣
✅ Buy your home or investment property with confidence knowing a broker is on your side.⁣
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So if you're looking for a home loan specialist, call us today and we'll help you find a loan that suits your needs. 👇⁣
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To find out more, DM us or contact Alecto Finance at:

📞 1300 386 348
💻 [email protected]

Whether you're aiming for a new car, debt freedom, business expansion, or upgrading your home, our finance brokers find the perfect loan for your goals. We carefully tailor your loan options to your specific situation, matching you with the right loan from our network of lenders and banks. Explore our solutions and get your pre-approval.

https://www.alectofinance.com/loans-pre-qualifying-form

Awww shucks, you're pretty amazing too, Carol! 🤜 🤛 Thanks for the lovely review 😊

🔨 How do construction loans work? 🔨⁣
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Instead of receiving a lump sum from the lender, a construction loan drip feeds funds in line with various stages of the project, including:⁣
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✅ Laying the slab⁣
✅ Erecting the frame⁣
✅ Reaching lock-up⁣
✅ Fitting out your home⁣
✅ Completion of construction.⁣
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This arrangement offers some valuable advantages. 😁⁣
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Loan interest is only calculated on the funds drawn down, not on the total value of the loan. And during the construction period, you’ll generally be asked to make interest-only payments.⁣
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Once your new home or renovation is complete, your construction loan will typically roll into a regular home loan. 🏡⁣
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So if you’re looking to build or renovate, talk to us today about your funding options and we’ll aim to help you get the ball rolling on your construction project sooner. 👇⁣
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To find out more, DM us or contact Alecto Finance at:

📞 1300 386 348
💻 [email protected]

Not sure if you’ll get the thumbs up for a home loan? But you really, really like that house that just popped up? Making an offer ‘subject to finance’ could be the right move. Here’s how it works. 🏡⁣⁣

What you should know before buying ‘subject to finance’ Not sure if you’ll get the thumbs up for a home loan? But you really, really like that house that just popped up? Making an offer ‘subject to finance’ could be the right move. Here’s how it works.Picture this. You’ve seen a home you’re crazy about, and you don’t want to miss out to ano...

🦅 Lending to property investors is soaring once more 🦅⁣
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The value of new investment loans in February 2024 was 21.5% compared to a year ago, according to ABS data. ⁣
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What’s driving investor interest? 🤔⁣
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✅ Vacancy rates at a record low 0.7% (Domain data)⁣
✅ Expectations of a possible rate cut later this year⁣
✅ A jump in listings giving investors more choice (SQM research).⁣
✅ Potential tax savings of negative gearing (seek your accountant/financial planner's advice).⁣
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Ready to become a property investor yourself?⁣
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Talk to us today about the investment loan that matches your needs. 👇⁣
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To find out more, DM us or contact Alecto Finance at:

📞 1300 386 348
💻 [email protected]

💪 How does your home loan rate shape up? 💪⁣
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Your home loan may have had a red hot rate back in the day. 🙌⁣
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But is it still competitive? 🤔⁣
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One in five borrowers haven’t compared rates since first taking out their loan (Mozo report).⁣
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Keeping on top of your loan rate doesn't need to be difficult though. 🙃⁣
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Talk to us about a home loan review. 🙌⁣
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It lets you know if your loan is still getting a good rate – with all the features and flexibility you need. 👇⁣
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To find out more, DM us or contact Alecto Finance at:

📞 1300 386 348
💻 [email protected]

Meet Loar, your guide to financial success!💪

Loar isn't just another finance broker - he's a passionate advocate for his clients' well-being. With over 3 years of experience and a background in leadership, Loar empowers individuals and businesses to achieve their financial goals.😎

What sets Loar apart?🤔

✅ A deep understanding of the importance of sound financial advice, driven by his family's inspiring journey.
✅ Expertise in crafting solutions for growth, from first-time homebuyers to complex business structures.
✅ A commitment to building strong connections - he's fluent in 3 languages!

Ready to take control of your financial future? Get in touch with Loar today!
🤙 0402-080-015
📩 [email protected]
🌐 www.alectofinance.com.au

Our Services

If the latest federal government budget is leaving you hungry for perks and savings, you’re not alone. We’ve had a brainstorm and here are four ways you can start working towards your property goals now. 🏡⁣⁣

Not feeling the budget love? 4 ways you could still get ahead If the latest federal government budget is leaving you hungry for perks and savings, you’re not alone. We’ve had a brainstorm and here are four ways you could start working towards your property goals now.The 2024 federal budget is out, and you might be wondering what’s in it for you.Sure, an ...

⏳ How long does it really take to get a home loan? ⏳⁣
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As soon as you pay a deposit on a home, the clock is ticking to line up a home loan. ⏰⁣
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Finance (or cash 😅) is required by settlement, or you could cop costly fees and penalties. 😬⁣
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As a rule, try and allow around 4-6 weeks to land a loan. ⁣
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There’s plenty you can do however to help speed up the process:⁣
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✅ Talk to us to know if your finances are home-loan ready⁣
✅ Have the paperwork in place that lenders like to see⁣
✅ Check you’ve completed the loan application accurately⁣
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Ask us about loan pre-approval too. It can be a lot less stressful than applying for a loan after you’ve paid a deposit. 👇⁣
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To find out more, DM us or contact Alecto Finance at:

📞 1300 386 348
💻 [email protected]

Getting a 5-star review like this always makes our ❤ smile. Thanks Megan!

🤨 Is FOMO, FOBO or FOOP clouding your judgement? 🤨⁣
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Three common mind traps can get between you and your property goals. 🏡⁣
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Fear of Missing Out (FOMO) is the most famous of the trio and can lead to overpaying (and thus, taking on too much debt), as buyers race into the market to buy before prices potentially rise higher. 📈⁣
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Fear of Better Options (FOBO), on the other hand, can see buyers waiting on the sidelines for too long (or indefinitely!) for a better property to come along. ⏰⁣
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Fear of Over Paying (FOOP) can also be a big mental block. But plenty of research can let you know if you’re paying a fair price. 👍⁣
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If you've got doubts about what you can afford to buy, speak to us today and we'll help you assess your borrowing capacity. 👇⁣
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To find out more, DM us or contact Alecto Finance at:

📞 1300 386 348
💻 [email protected]