If you ask people what they want in a home loan, a good interest rate is probably high on the list. Lenders may use a great interest rate to attract customers. This happens so often, that many people think the interest rate is the most important thing about the loan.
Saving up a deposit for an important step before applying for a home loan. For many people, a deposit represents a lot of hard effort and careful budgeting! So it’s important to use your deposit effectively.
Taking cash out of your mortgage can be a great solution in a number of circumstances. It’s a viable and competitive alternative to personal loans and racking up credit card debt. Using this option can be very helpful if you’re looking to consolidate debts, carry out renovations, or need cash for another purpose.
Do you have a self managed super fund (SMSF)? Like many people with a SMSF, you may be thinking about using your super to buy a property.
So you started up a new business and things are going well. So well that you’re thinking of getting a car for your business. There’s just one problem. You haven’t done your tax returns yet. This is a problem that many business owners face in the earlier stages.
As mortgage brokers, we’re often asked exactly what it is that we do. Many people don’t know what the benefits are of using a finance broker, instead of going straight to a bank. One of our most important roles at Bee Finance Savvy, is maximising our customers’ borrowing capacity.
