Maverick Finance First Home Buyer Case Study 1

First Home Buyer Case Study 1 Written by: Maria Papa How much deposit do our first home buyers need to purchase a $650,000 property? Is their $36,000 savings sufficient to get them into the property market? Our first home buyer couple have one child. They are both permanent residents in the process of applying for […]

Book a 1on1 strategy session

The benefits of refinancing your mortgage can vary depending on your situation and financial goals. But generally, refinancing opens doors to many opportunities, such as: better mortgage rates lower monthly repayments shorter loan terms fixed-rate options debt consolidation   Is refinancing right for you? We can help you make an informed decision by helping you […]

Case study: Saved by the Refinance

Call us: +61430144008 Facebook Twitter Google-plus Enquire Now! Case study: Saved by the Refinance Things had taken a turn for the worse for James Merrick, with looming debt threatening to force him into selling his home. A baker employed by a large company, James had taken the opportunity to work overtime to help relieve […]

Should you refinance for a better deal?

Should you refinance for a better deal? Refinancing a loan can take advantage of lower interest rates to bring down the overall cost of servicing a loan. But it’s not always the best, or the only, option. There are many different factors borrowers need to consider when thinking about refinancing a loan. The first step […]

The Cost of Home Loan Refinancing

Budgeting 101

Call us: +61430144008 Facebook Twitter Google-plus Enquire Now! The Cost of Home Loan Refinancing Refinancing can be a great way to save money, but you might incur costs such as exit and establishment fees, government charges and administrative or legal expenses. These costs need to be weighed against the benefits to determine if you’ll […]

Three questions to ask before you Refinance

Three questions to ask before you refinance 1. Current mortgage – Understanding what you have Find out about your existing loan, repayments, interest rate and current loan structure. This information can be found in your home loan statement. It is also important to understand what other benefits of the loan are available to you. Benefits […]

What is the Refinancing Process?

What is the Refinancing Process? Once you’ve determined your needs and done your research, including speaking to a broker, beginning to refinance will be straightforward.  1. The Application Your broker will evaluate your circumstances and help you submit your application. You’ll need to provide identification documentation, proof of income (such as pay slips) and list […]

Refinancing Traps to Avoid

Refinancing Traps to Avoid Whether you’re after lower repayments or want to tap into the equity sitting in your home, refinancing can offer a world of benefits. Here are some things to be aware of so that you don’t find yourself hooked into a bad deal.  Written by: Maria Papa Don’t be fooled by the […]

Getting a Better Rate

Getting a Better Rate Is one phone call really all it takes to secure a lower interest rate? With official interest rates trending downward, shrewd mortgage holders may take the opportunity to call their lender to ask for a better deal. But when even a small interest rate reduction means potential savings of thousands of […]

The upsides and downsides of home loan debt consolidation

A lot of small debts can balloon into one big headache. A simple way to get things under control could be to refinance your home loan to consolidate debt. So – is it right for you? What is debt consolidation? Simply put, debt consolidation is combining all your debts – credit cards, car loans etc. […]