Leading Financial Solutions

APPROVED !

We are delighted to announce the approval of a home loan refinance application for our client to a major bank.

Clients approached us after waiting 6 weeks for an answer from their parent bank with a cash out request of $100k on top of their existing $1.3M owner occupied home loan. The reason for the delay again was due to the lender unable to process the complexities of their self-employed income. After working closely with the client and the new lender, we were able move to an unconditional approval in just 9 days. Client has now signed the contract and will shortly have access to the funding.

Loan amount: $1,480,000
LVR: 80% LVR
Variable rate:

Three simple ways to pay down your home loan faster.

⏱ If you're currently making monthly repayments, consider changing to fortnightly repayments. By paying every two weeks you'll make the equivalent of an extra month's repayment each year (as each year has 26 fortnights).

⏱ Due to the magic of compounding interest (and the reverse is also true), any extra you put into your principal will make a significant difference in the reduction of your loan in the long run. Budget to put aside some extra funds into your loan every month.

⏱ Make it habit to review your home loan rates at least every half a year (even if it is currently fixed), there are always deals on the market which can potentially reduce the amount of interest you will pay. Keeping up to date with the market enables you to plan well into the future.