Ignite Finance

Ever wondered why interest rates make headlines? The interest rate on your mortgage isn't just a number – it determines how much your property really ends up costing you. In a fluctuating market, keeping an eye on interest rates helps you make informed decisions and ensures your mortgage remains competitive. Curious about your current rate? Let’s review it together to work out if it's serving your best interests. #IgniteFinance #Campbelltown #Camden #narellan #southwestsydney #SydneyNSW #SydneyProperty

Does your HECS debt impact your ability to get a home loan? It can, in that it impacts your borrowing capacity. Borrowing capacity, by the way, is essentially 'how much the bank is willing to lend you'. Instead of lenders looking at the entire HECS debt though, as they would with a credit card or personal loan, they're more interested in how much you're having to repay each month. This means the degree to which your HECS debt impacts your borrowing capacity depends more on your income than the overall size of the debt. Think of it this way, it's your HECS debt repayments that make the difference. The banks are interested in this amount because it affects how much cash you'll have leftover to pay your mortgage. Get in touch to find out how much you could borrow for your new home. #IgniteFinance #Campbelltown #Camden #narellan #southwestsydney #SydneyNSW #SydneyProperty

It's never a good idea to set and forget on your home loan, which is why it makes so much more sense to use us – rather than go direct to a lender. A lender will generally reserve their most competitive offers for new customers. Not us! We're here to make sure you end up with a loan you can live with now, and for the long-term. Get in touch to find out how we can help. #IgniteFinance #Campbelltown #Camden #narellan #southwestsydney #SydneyNSW #SydneyProperty

Considering refinancing your home loan? Here are a few things to think about: - The amount of equity you have in the property 🏠 - Your reason for wanting to refinance 💭 - The costs of refinancing 💲 - Current interest rates % Contact us to discuss whether refinancing is a good option for you. #IgniteFinance #Campbelltown #Camden #narellan #southwestsydney #SydneyNSW #SydneyProperty

Is your account constantly overdrawn? Are your direct debits bouncing back? Perhaps you're often having to dip into your savings to pay your regular bills? Well, here's your friendly reminder to consider how this looks to the bank, particularly if a home loan is on the horizon for you. We think today's the perfect day to start creating a better first impression. Why? Well when the bank assesses your home loan application, they'll look at your 'account conduct' over the last few months. Basically, they want to know whether you're managing your accounts in a way that shows you're in charge of your money. What to do: – Establish a budget (simple is often best) – Try to switch bills from quarterly to monthly – Write down when all your direct debits are due – Divert money from spending to savings to give yourself a buffer – Get in touch with us for a no judgment look at what the bank might think of your account conduct. What are you waiting for? #IgniteFinance #Campbelltown #Camden #narellan #southwestsydney #SydneyNSW #SydneyProperty

People are often surprised to hear we don’t charge a fee to help them find the right loan product. Instead, we’re paid a commission by the lender. It's our job to be across thousands of loan products and to scour the market to find you one that: - Suits your needs now and into the future - You have a good chance of being approved for - Will be processed within the timeframes you require. And to address the elephant in the room: these commissions are more-or-less the same amongst lenders and in no way influences which solutions we present to you. Get in touch to get started. #IgniteFinance #Campbelltown #Camden #narellan #southwestsydney #SydneyNSW #SydneyProperty

Explore some of the benefits of refinancing your home loan: 🌟 Useful features: Do away with features you don't use, and secure a loan that helps make your money work harder. 🌟 Lower repayments: Reduce your monthly payments by securing a lower interest rate. 🌟 Cash out: Consider cashing out some of your home equity for home improvements or other major expenses. Curious about whether refinancing is in your best interests? Let's chat! #IgniteFinance #Campbelltown #Camden #narellan #southwestsydney #SydneyNSW #SydneyProperty

Wishing you a happy New Year 🥳 Here's to a healthy, prosperous, and bright 2025 🥂

If you've only recently purchased your home, you may not have built up much equity in your property. This can sometimes make it harder to refinance to another lender. Here's what to do: 1. Speak with us 2. Explore your options with other banks 3. Keep your credit file healthy – this means not applying for credit until the refinance has been approved Get in touch to explore your options. #IgniteFinance #Campbelltown #Camden #narellan #southwestsydney #SydneyNSW #SydneyProperty

Not all debt is created equal. Borrowing funds to finance a property purchase (that will increase in value) is one thing, and certainly not a bad thing.⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀ Bad debt is an entirely different beast. We’re talking credit cards, payday loans, even buy now, pay later services.⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀ These types of debt can impact your chances of being approved for a home loan - so the sooner you clear them, the better.⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀ Get in touch for advice on what the banks will consider when assessing your home loan application. #IgniteFinance #Campbelltown #Camden #narellan #southwestsydney #SydneyNSW #SydneyProperty