Navigating the world of mortgages can feel like learning a new language. There are so many terms and processes involved! To help simplify things, let's break down the ABCDs (and beyond!) of mortgage broking, giving you a clearer picture of what to expect.
Your budget should be based off your take home income, from your base pay–if you receive overtime or allowances try not to include this.
Being a homeowner, you'll now have new bills to pay that you’ve never had before. So, in your homeowner budget be sure to consider; internet, gas, electricity, council rates, body corporate fees, building insurance, transport costs (tolls, petrol, car service, rego) and the big one in these hard times…. FOOD!!
Fact: Lumpy insurance premiums slow down cash flow.
Also fact: Pay lump sum of Premium for WorkCover by August 6, 2018 and you can save yourself thousands.
How can I ease the stress of capital-draining premium lump sums?
By financing insurance premiums using Insurance Premium Funding you’ll ease cash flow, and being able to access the full payment discounts you’ll actually save in the long run.
Let’s talk about Insurance Premium Funding…
Imagine it, a 16-year old boy first time in a big city, lump sums of cash.
Shantanu was forced to learn how to manage his own funds (among other things a 16-year old boy doesn’t know how to do). Unless he wanted to be eating plain rice 3 times a day for the last week of every month, he had to learn how to budget. And fast. It was a matter of survival.
These foundations gave Shantanu a leg-up as a fully-grown, income-earning adult.
Learn how this month’s ‘TMPeople’, Shantanu, has designed his perfect life-balance between budgets and holidays…
So, you’re ready to buy your first home.
Perhaps you’ve started saving for a deposit and are making the sacrifices to prepare for a mortgage.
Maybe you have your deposit and have even researched your market…but now what?
First Home Buyers, engaging with a Mortgage Broker can be your secret weapon to success. Let’s break down the reasons why…
The year is flying by, anyone else wondering where those months went?
As another tax year is closing in we are firing from all cannons at TMFG.
2018 has seen our client base grow even more and we've been lucky enough to get to know you all a little better with the introduction of our TMPeople project.
Did you know among our successful loan applicants we have a finance savvy GP, an ex- jackaroo, a mental health nurse who skippers yachts in her spare time, and a young communications specialist who traded in buying Chanel handbags to become the first in her family with a mortgage?
Also, in the Autumn issue:
Belinda continues to fight MND with another half marathon on the cards.
We'll show you a little-known way to obtain a larger tax deduction.
Insurance quotes on line – interested? Our clients have saved thousands with this quick an easy service.
Introducing Equipment Finance – get finance for any business related equipment and claim deductions.
Take a break from the office and devour some bite-sized finance advice in your lunch break, TMFG introduces 'Lunchbox Finance'
Read more here... TMFG AUTUMN ISSUE
What is a Personal Loan?
A Personal Loan is often an unsecured loan, repaid over a set period of up to 5 years. Loan amounts can vary, but generally they go up to a maximum of $50,000.
Personal loans are for personal purposes, big-ticket items, or something that will improve your lifestyle or circumstances – and no, that pair of awesome boots, or hang-gliding session does not count. But, there are plenty of purposes recognised by lenders for personal finance.
The top 5 reasons most people take out personal loans are:
Speak to one of our consultants today
