Westpac New Zealand’s Post

Come to Pukekohe WestpacBranch evening for First Home Buyers and get advise from the experts. Let me know if you want your name on our list !! #firsthomesooner # firsthomebuyer#togetherbetter

How long does it take to get approved for a home loan? Probably longer than you think. The home loan market is busy! This means banks are taking longer than usual to assess applications. It's not unusual for us to wait on hold for hours to the bank to clarify part of a client's application, so that they don't get knocked back. A few months before it's time to apply, we suggest getting in touch with us for guidance on what the banks are looking for, and how they'll view your unique situation. Getting started early also means we can give you an idea of the turnaround times for each bank. However, ideally, turnaround times won't be a factor in deciding who to go with. What are you waiting for? #turnkeyfinance #tkf #sydneyhomes #sydneyproperty #sydneyrealestate #cronulla

Are you wrapping up your fixed loan term soon? Did you know that simply rolling over to your bank's standard variable rate could end up costing you a lot more? We're talking about potentially thousands of dollars extra in interest every year. Right now, we're at a key moment - the so-called 'mortgage cliff.' The Commonwealth Bank points out that many fixed rate home loans from the pandemic period are set to expire at the end of December 2023. Here's the deal: a lot of these loans were taken out at rates under 2%. But, as these fixed terms come to an end, there's a big jump in interest repayments. It's definitely worth considering your refinancing options now. If this is your situation, call us on 03 9133 5565 to discuss your options.

How long does it take to get approved for a home loan? Probably longer than you think. The home loan market is busy! This means banks are taking longer than usual to assess applications. It's not unusual for us to wait on hold for hours to the bank to clarify part of a client's application, so that they don't get knocked back. A few months before it's time to apply, we suggest getting in touch with us for guidance on what the banks are looking for, and how they'll view your unique situation. Getting started early also means we can give you an idea of the turnaround times for each bank. However, ideally, turnaround times won't be a factor in deciding who to go with. What are you waiting for? #capitalonefinance #sydneybroker #financebroker #sydneyhomes #sydneyrealestate #sydneyproperty

Loan to Value Ratio (LVR) is how lenders describe the amount you need to borrow to buy a particular property. In a nutshell: it’s the amount you need to borrow, calculated as a percentage of the property’s 'lender-assessed value'. The ‘lender-assessed value’ is basically your lender’s valuation of the property. 💸 Let’s break it down a bit more. Here’s an example:  ● Let’s say your lender values the property at $500,000 ● Let’s also say you have a $100,000 deposit ● This means you need to borrow $400,000 to buy the property.  Your LVR would be calculated like this: $400,000 ÷ $500,000 = 80% In the above example, we’ve simplified things by leaving out some of the fees and costs you might have to pay . Read more about the full example and all you need to know about LVR here. https://lnkd.in/g_G8bGYf If you would like to discuss your home loan options, you can always contact us to make an appointment on 02 9543 7288 or via our website to organise a catch up with me or one of my team members.   https://lnkd.in/gkA3umdR #homeloantips #propertyfinance #mortgageeducation #financialliteracy #realestateinsights

Within the highly competitive home loan market, the less crowded commercial lending space offers an opportunity for brokers to diversify their portfolio. Our General Manager, Mortgage and Commercial Lending, Barry Saoud, discusses some strategies to help brokers build a commercial finance offering with Mortgage Professional Australia. #commercialrealestate

How long does it take to get approved for a home loan? Probably longer than you think. The home loan market is busy! This means banks are taking longer than usual to assess applications. It's not unusual for us to wait on hold for hours to the bank to clarify part of a client's application, so that they don't get knocked back. A few months before it's time to apply, we suggest getting in touch with us for guidance on what the banks are looking for, and how they'll view your unique situation. Getting started early also means we can give you an idea of the turnaround times for each bank. However, ideally, turnaround times won't be a factor in deciding who to go with. What are you waiting for? 👉 ekfinancialgroup.com.au 📱03 9020 1888 #ekfinancial #ekfinancialgroup#wheelershill #melbourne #melbourneproperty #financeinsights

How long does it take to get approved for a home loan? Probably longer than you think. The home loan market is busy! This means banks can take a little while to assess applications. It's not unusual for us to wait on hold for hours to the bank to clarify part of a client's application, so that they don't get knocked back. A few months before it's time to apply, we suggest getting in touch with us for guidance on what the banks are looking for, and how they'll view your unique situation. Getting started early also means we can give you an idea of the turnaround times for each bank. However, ideally, turnaround times won't be a factor in deciding who to go with. What are you waiting for? https://bit.ly/3uYqMkZ +61 487 360 230 https://lnkd.in/gcTU3F9a #lomonti #locationmoneytime #mortgagebroker #homeloans #qld #sunshinecoast #brisbane #goldcoast

A FICO score is a type of credit score that lenders use to determine an individual's creditworthiness. The scores range from 300 to 850. The higher the score, the lower the perceived risk to lenders. This score takes into account your payment history, amounts owed, length of credit history, new credit, and types of credit used. In terms of mortgages, a good FICO score can lead to more favorable loan terms. To learn more about home financing and credit scores, call us at (855) 668-5626 today!

We put a strategy behind the Lending Recommendation. When our Expert Advisors review your lending options, we present you with a Home Loan Summary Report along with our Product Recommendation. You'll get information on: 👉 What you have told us is important to you 👉 Side by side product comparison of Four lender options 👉 Cost comparison of each lender option 👉 Strategies to reduce the cost of your mortgage over time 👉 Strategies to best utilise your loan features to pay out your home loan sooner And much more valuable information... Get started on your Lending Review journey today with an Expert Elevate Advisor. #homeloan #mortgagebroker #finance #money #refinance #comparehomeloans #property #mortgage #ElevateAdvisoryGroup #Elevate #financeplanning #finance #investing #financetips #personalfinance #tips #money #financialfreedom #moneymanagement #realestate #financialadvisor #financemanagement #moneysaving #investment #homebuying #property #firsthomebuyers #mortgage #investmentproperty #newhomeowner #mortgagebroker #firsttimebuyer