Mortgage Choice I Sarah Steet

Understanding your LVR (loan to valuation ratio) helps you make informed decisions when applying for a home loan. Here are the 4 things you should know about LVR.

For more information please feel free to contact me on
📱 0404 429 936
📧 [email protected]

When borrowing more than 80% of a property’s value, it is generally a condition of the loan that the borrower pays Lenders' Mortgage Insurance (LMI).
So how much is LMI? That depends on where you borrow, your lender and the size of your deposit.

I can calculate how much LMI you may have to pay.

Please contact me on
📱 0404 429 936
📧 [email protected]

New warning for households as RBA keeps rates on hold - Mortgage Choice Households waiting for mortgage relief could be in for a shock, experts have warned, as the Reserve Bank held interest rates steady for a fifth straight meeting in June.

As a general rule of thumb, it’s a good idea to review your home loan once a year to make sure it’s still right for you.

By shopping around for a better deal, you could save thousands of dollars in interest charges and potentially shorten the lifespan of your loan.

Speak to us today to get on top of your finances ahead of the end of financial year.

📧 [email protected]
📱 0404 429 936

𝙈𝙮𝙩𝙝 𝙗𝙪𝙨𝙩𝙚𝙙❗You can absolutely secure a mortgage if you’re self-employed.
There are a number of great home loan choices designed specifically for self-employed people. We can help find you the right loan for your needs.
Getting a self-employed home loan can be a complicated process, so having the right support can give you peace of mind.
Contact me on
📱 0404 429 936
📧 [email protected]

Building or renovating your home can be stressful. But with careful planning and the right finance options, it can be a rewarding process that increases the value of your home.

📱 Sarah on 0404 429 936 or
📧 [email protected]

To review your construction loan options.

Understanding mortgage repayments is a key part of buying a home. Knowing what your repayments will be, helps you understand how those repayments will affect your day-to-day finances – in turn, allowing you to set a realistic purchase budget.
Mortgage holders also have the option of making extra repayments. Doing this could help you pay off your home loan sooner and pocket valuable savings on home loan interest.
Use our repayment calculator to find out more:
🔗

Mortgage Repayment Calculator - How Much? - Mortgage Choice Use Mortgage Choice's home loan repayment calculator to work out how much your repayments will be. Put in some simple details & find out today.

If you’re looking to grow your business, we can help you understand the business and commercial finance options available, and do all the hard work to find the right loan for your needs.

Contact me today on
📱 0404 429 936
📧 [email protected]

How long has it been since you reviewed your home loan?

If it’s been some time, it might be worthwhile reviewing your home loan to make sure it is still the right product for you.

We can help you assess your current loan, provide information on current rates and offers in the market and, if right for you, assist you with refinancing to a new rate or loan.

Contact me today on
📱 0404 429 936
📧 [email protected]

ATTENTION 📣
Anyone with a mortgage!

For the month of October, I’ll be doing home loan reviews. All I require is some basic details to review your home loan.

WORST CASE SCENARIO- is I get you a better deal than your on now with your current lender.
BEST CASE SCENARIO- is you get an even better deal with another lender.

No need to continue paying more than you have to.

Contact me on
📱 0404 429 936
📧 [email protected]

To book a confidential review

When you’re planning to invest in property, finding the right investment loan can be a big task. It’s important to find the loan type, features and rates that will suit your unique situation.

We can assess the options and help find the right investment loan for you.

Contact me today on
📧 [email protected]
📱 0404 429 936

Do you know what your current interest rate is? 📈 Our research shows that more than half of Australian mortgage holders don't know the interest rate they are paying on their home loan. ⁠

If you aren't sure of your current rate, contact me on
📱 0404 429 936
📧 [email protected]
To book your Home Loan Health Check and see if we can source a better deal for you ✨️

As your local Mortgage Choice broker, we can access thousands of home loans from more than 35 lenders, as well as a range of loan options exclusive to Mortgage Choice customers.

Even if you’ve had credit issues in the past, we have access to home loan options designed to suit your needs.

Contact me today on
📱 0404 429 936
📧 [email protected]

With a redraw facility, you’ll be able to make extra repayments on your home loan, and access the ’extra’ funds later if required. This encourages you to make extra repayments with the security of knowing you can access the money later if needed. And, until those extra payments are redrawn, they reduce the amount owning on your home loan and the interest charged.

If you’re unsure which type of loan features would be the best fit for you, we can help.
Contact me on;
📱 0404 429 936
📧 [email protected]

Myth Busted!

In fact, a mortgage broker can offer you a range of services, including car loans, business lending, property investment, personal loans, credit cards, and equipment finance and leasing.

Contact me today to find out how we can help.
📱 0404 429 936
📧 [email protected]

What’s new?
In case you missed it, the eligibility criteria for the First Home Guarantee Scheme has been expanded. Here are three key changes to the scheme:

1. The First Home Guarantee and Regional First Home Guarantee Schemes have been extended to allow friends, siblings and other family members to apply as joint applicants. The limit of two applicants still applies.

2. Non-first home buyers who haven’t owned a property in Australia in the last 10 years can now apply for the First Home Guarantee and Regional First Home Guarantee.

3. Single legal guardians, including aunts, uncles, and grandparents, are now eligible for the Family Home Guarantee.

If you’d like to know more, contact me on -
📧 [email protected]
📱 0404 429 936

Did you know that construction loans work differently to regular home loans?

A construction loan is used to finance the construction of a dwelling. Under this type of loan, funds are drawn down as the home is built, rather than in one lump sum. The loan is usually drawn down in stages as the builder completes key milestones in the building contract.

The repayments required during the construction period generally cover only the cost of interest. Interest is usually calculated on the amount drawn down to date, not the total loan amount approved. Full loan repayments covering the loan’s principal and interest generally only begin once the loan is fully drawn down.

Contact me to understand different lenders’ construction loan offerings and policies.
📱 0404 429 936
📧 [email protected]

Debt consolidation involves rolling all of your debts into one loan.

While this can reduce paperwork and may lower your overall interest rate, it can also increase your principal loan amount, which may result in a longer repayment timeline.

Debts to consolidate may include:
1. Your home loans.
2. Credit cards and store cards.
3. Personal loans and unsecured loans.
4. Car loans and leases.

If you’d like to discuss consolidating your debt, contact me today on
📱 0404 429 936
📧 [email protected]

New financial year, new goals 💫

Whether you’re wanting to buy your first home, considering refinancing, looking for a new car or need help ticking off your list of financial resolutions, we’re here to help.

Contact me today on
📱 0404 429 936
📧 [email protected]

The road to refinancing doesn’t need to be as difficult as it seems – especially when you have a mortgage broker who will do all of the hard work for you.

The benefits of refinancing can include:

1. Saving money by accessing a lower interest rate.
2. Paying off your mortgage sooner.
3. Freeing up equity in your current home to fund other purchases.
4. Consolidating your debt to reduce overall interest costs.
5. Finding a loan with better features and facilities.

If you’re considering refinancing, we’re here to help!

Contact me on
📱 0404 429 936
📧 [email protected]

-- Cash rate climbs by a further 25 basis points to 4.10% --

Many lenders will likely pass this increase on in the coming weeks. Whether this affects you will depend on how much your lender raises your interest rate by, and how your loan and your repayment schedule are structured.

We understand you may be concerned about the impact of bigger loan repayments on your household budget, particularly at a time when grocery, power and fuel costs are rising.

When it comes to your home loan, it’s important to understand what you’re paying, how any changes to your lender’s rate will affect you, and whether a more competitive rate might be available. We’re happy to help – please get in touch if you have any questions or would like to discuss your options.

📱 0404 429 936
📧 [email protected]
Mortgage Choice I Sarah Steet

Upgrade your business equipment without breaking the bank. A broker can help you secure the financing you need to grow your business.

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Contact us today to find a solution that’s right for you

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📱 0404 429 936
📧 [email protected]

If you’re considering purchasing a commercial property, there are a range of finance options available for investors and business owners.
A mortgage broker can help you determine which products will best suit your needs.
📱 0404 429 936
📧 [email protected]

Our business is built on word of mouth, and when our customers send their friends and family to us - it's the ultimate compliment! 😁

Do you know anyone who is looking to buy a home? looking for a better rate? hasn't reviewed their loan recently? looking to invest or renovate?

Send them my way - I will look after them! 👏

As many of you know, we provide a free home loan service to anyone looking for advice or just to avoid the work that goes into applying for a loan. Just give them my details and I will do the rest.

📱 0404 429 936
📧 [email protected]

We often talk to first home buyers who say that they are at least 12 months away from buying their first home.

You may not know it, but that's the PERFECT time to start talking to us about your first property purchase. It's important to plan ahead when you're buying property.

Here's how we can help in the early stages👇

🏠 We talk you through what deposit you need, what you can comfortably afford to repay, fees & charges.
🏠 We take you through the details on some of the incentives & grants available and what you might be eligible for. They might get you into your first home faster than you think.
🏠 We can give you a clear savings goal and tips on how to maximise your borrowing power and minimise fees.

Get in touch
📱 0404 429 936
📧 [email protected]