Loan Market Direct

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Beginning your journey to homeownership is a lot like starting a new book. It’s exciting and you’re not quite sure what the rest of the story might look like.

As your broker, we guide you through each page of your homeownership journey. From loan research, to application, to settlement and beyond.

In welcome news, the instant asset write-off that was due to expire on June 30 2024 has been extended by another 12 months.

This means that eligible businesses can continue to immediately deduct the full cost of eligible assets under $20,000, as long as they are first used or installed before the end of June 2025.

You can read more here about what instant asset write-off could mean for your business and how to best capitalise on it.

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Data from Price My Car has revealed that the current average wait time for a new car in Australia is 65 days. This is down 59% from the August 2022 peak of 159 days.

The brands with the shortest current wait times are GWM (14 days), Ram (14 days), LDV (17 days), Subaru (22 days) and MG (29 days).

If these reduced wait times have you thinking it might be time for a new vehicle, as your broker, we can help you secure the finance to make it happen.

If your credit score isn’t what you think it should be or you’re just looking to give it a boost, there are some things you can do to help improve it.

As your broker, we look at your situation in detail and identify areas for improvement to help you put your best foot forward for your loan application.

Giving back is something we are extremely passionate about here at Loan Market Direct, which is why we’re so excited to share a special project we’ve been working on.

You’re invited to the 1st Annual Loan Market Direct Charity Gala 🥂

To be held on the 12th October 2024, please join us for what’s sure to be an unforgettable night of food, drinks and entertainment all in support of the Ovarian Cancer Research Foundation.

More details and tickets available here: https://www.stickytickets.com.au/9vtei/loan_market_direct_charity_gala_2024.aspx

When it comes to property investment, you may have heard the term ‘negative gearing’ thrown around. But what exactly is it and what could it mean for your property investment journey?

As your broker, we explain negative gearing and other financial jargon to ensure you have a full understanding of all things property investment.

If you’re looking to buy your first home, you may have heard about the possibility of using a guarantor to help you make your purchase without needing a 20% deposit.

If you’re considering using a guarantor or becoming one yourself, check out our quick guide to guarantor home loans.

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The cash rate has been kept on hold again in August. The cash rate impacts the interest rates on home loans, but what else should you consider when choosing a lender?

We have a look at which lenders are more popular and what you should compare.

https://loom.ly/4qJdkFA

Whether you’re looking to enter the property market for the first time, are looking to purchase your next home or are looking to expand your investment property portfolio, knowing how much you can borrow is essential.

Our borrowing power calculator can help you determine an estimate for how much you could borrow so you can start your house hunt sooner.

https://loom.ly/1MxlTwM

There's a reason over 70% of Australians choose to work with a broker when taking out a loan - and this number continues to rise. A Loan Market broker is legally obligated to work in your best interest and can compare over 60 lenders to find the right solution for you.

Have you been dozing off with visions in your head of family road trips, four-wheel driving adventures or simply a vehicle that isn’t falling apart?

As your broker, we can help secure you the finance to bring those visions to life.

On the look out for a mortgage broker with 5-star service? Find out what our clients have to say about us.

Data from Neoval and Ray White has revealed changes to the number of listings in each capital city. While many cities are noting an increase to the number of listings, changes to the median price reveal that the drivers for this differ between locations.

For instance, in Adelaide, strong price growth has encouraged more people to come to market. The number of properties coming on the market has also been strong. However, while Perth has also been experiencing strong price growth, the number of properties coming to market has been low. There is simply more people that are looking to buy than there are properties available.

If you’re wondering what this data could mean for your homeownership goals, we can help.

We're in business to help people achieve their property and financial dreams 🏡

If you’re purchasing property and don’t want to be stuck with the same rate for an extended period in case market conditions push rates down, a variable rate could be what you’re looking for.

There are a number of other factors to consider when it comes to which loan is right for you. As your broker, we can help guide you every step of the way.

The Australian Taxation Office (ATO) has said it is focusing on investors this tax time after noting the majority had made errors in their tax returns in previous years.

We dive into what the ATO will be looking out for: https://loom.ly/4y9SRVM

When it comes to using a loan to help you purchase your first home, it helps to plan ahead.

As well as saving your deposit and accounting for any potential additional costs, it’s a good idea to think about what your loan repayments could be.

Our loan repayments calculator can help you determine your loan repayments. https://loom.ly/8kcp3-4

When considering which lender is right for your home loan solution, it’s natural to want to ensure that whoever you choose is safe. In reality, all lenders in Australia, big or small, are held to the same industry regulations and standards throughout your loan journey.

There are a number of reasons why it helps to use a broker for your next loan. A big one is that all brokers are bound by best interest duty. This means that they are legally obligated to work in your best interest and only ever recommend solutions that are right for you.

If you are a New Zealander living in Australia, you may now be eligible for the Home Guarantee scheme. Housing Australia expanded its eligibility of the scheme to include people with a Special Category visa (subclass 444).
If you are eligible, it means you could purchase a home with as little as a 5% deposit without paying for lenders mortgage insurance. Other eligibility criteria applies. Reach out to find out more.

We’ve all got plans about what we’d like to do with our home to give it an upgrade. Those plans don’t have to stay plans. As your broker, we can help secure you the finance to get there.

From a new kitchen, to a new bathroom, to making your home more eco friendly, we’ve got you covered.

Many people experience financial difficulty from time to time and it's certainly nothing to be ashamed of. If your circumstances have changed and you've been having difficulty with your mortgage repayments, there are some things that lenders may be able to do to help.

Reach out to me. We can go through your situation in detail and investigate all options for assistance from your lender.

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This is NAIDOC Week where we celebrate and recognise the culture and achievements of Aboriginal and Torres Strait Islander peoples. We pay our respects to the Elders past, present and emerging.

If you are of Aboriginal or Torres Strait Islander descent, did you know there is government support available to help you get into the property market?

You can find out more here: https://loom.ly/IBp_UpM

From today, 50,000 new places are available for the Home Guarantee Scheme. The Home Guarantee Scheme is made up of three programs, each with the goal of helping eligible first-home buyers get into their home sooner.

Reach out to a Loan Market broker to find out if you're eligible for one of these 50,000 places.

Loan Market data has revealed that the average first-home buyer deposit in the year up to June has increased more than $12,000 since before the pandemic. However, there are still plenty of ways to get your foot onto the property ladder. As your broker, we can help.