Joel Cooper Mortgage Broker

😎 Are you auction-ready? 😎⁣ ⁣ The spring market is ramping up - and so are sales by auction.⁣ ⁣ Over 2,000 homes went under the hammer in late August, with more expected through summer.⁣ ⁣ Here’s how to get your auction game on:⁣ ⁣ 🧐 Research the local market to know what similar homes are selling for⁣ ✅ Understand your borrowing power⁣ 👍 Have your home loan pre-approved⁣ 🔨 Arrange a pre-purchase inspection to avoid unwanted repair bills⁣ 🙌 Attend other auctions to get a feel for how they work.⁣ ⁣ Call us today to get your finances auction-ready. 👇⁣ ⁣ To find out more, DM or contact Joel on: ☎️ – 0402 216 040 💻 – joel@afgfin.com.au #joelcoopermortgagebroker #alliancefinancialgroup #investment #property #mortgagebroker #mortgage #homeloan #refinance #investors #firsthomebuyers #melbourne #melbournefinance #melbournemortgagebroker #melbournehomeloans #melbournerealestate #melbourneproperty #victoria #victoriaproperty #victoriarealestate #victoriabroker #victoriafinance #victorialoans

🤔 What’s the deal with negative gearing? 🤔⁣ ⁣ Negative gearing was back in the headlines again recently but what’s it all about?⁣ ⁣ ‘Gearing’ simply means borrowing to invest. 🏡⁣ ⁣ ‘Negative gearing’ is where the costs of owning the property, such as loan interest, council rates, insurance and so on, exceed the rental income the property generates.⁣ ⁣ The investor then claims a loss on the property via their tax return (even though the property’s value, aka capital gains, might have increased during that period).⁣ ⁣ The advantage of negative gearing is that this loss can be offset against other income including your regular wage or salary. ⁣ ⁣ The end result is the potential to save on your annual tax bill. 📉⁣ ⁣ Interested in finding out more about buying an investment property?⁣ ⁣ Talk to us about an investment loan to help get you started. 👇⁣ ⁣ To find out more, DM or contact Joel on: ☎️ – 0402 216 040 💻 – joel@afgfin.com.au #joelcoopermortgagebroker #alliancefinancialgroup #investment #property #mortgagebroker #mortgage #homeloan #refinance #investors #firsthomebuyers #melbourne #melbournefinance #melbournemortgagebroker #melbournehomeloans #melbournerealestate #melbourneproperty #victoria #victoriaproperty #victoriarealestate #victoriabroker #victoriafinance #victorialoans

Your home is possibly the most valuable asset you will ever own. So it’s worth taking precautions to help ensure you buy a place that has a clean bill of health, free from budget-busting hidden nasties. 🏚 🪳

🏡 Struggling to buy your first home? 🏡⁣ ⁣ Did you know 1-in-3 first home buyers get government support to buy their first home? (Housing Australia stats).⁣ ⁣ They're supported by the federal government’s Home Guarantee Scheme (HGS) - which allows first home buyers to purchase a home with just a 5% deposit and not pay lenders mortgage insurance (LMI).⁣ ⁣ Last financial year, the scheme helped more than 40,000 first home owners enjoy a place of their own.⁣ ⁣ Contact us today to find out if you’re eligible for the scheme to get started with a 5% deposit. 👇⁣ ⁣ To find out more, DM or contact Joel on: ☎️ – 0402 216 040 💻 – joel@afgfin.com.au #joelcoopermortgagebroker #alliancefinancialgroup #investment #property #mortgagebroker #mortgage #homeloan #refinance #investors #firsthomebuyers #melbourne #melbournefinance #melbournemortgagebroker #melbournehomeloans #melbournerealestate #melbourneproperty #victoria #victoriaproperty #victoriarealestate #victoriabroker #victoriafinance #victorialoans

🤔 Fixed rates are down. Will variable be next? 🤔⁣ ⁣ A number of lenders recently cut their fixed rates - by more than half a percent in some cases, according to Mozo.⁣ ⁣ Why does that matter?⁣ ⁣ Fixed rates can signal where lenders see interest rates are heading. 📉⁣ ⁣ Already, our big banks are expecting rate cuts between now and mid-2025.⁣ ⁣ And right now though, some lenders' fixed rate home loans are lower than their variable rate options.⁣ ⁣ Not comfortable fully locking in your home loan rate? 😅⁣ ⁣ Talk to us about splitting between fixed and variable rates - it can give you the benefits of both.⁣ ⁣ To find out more, DM or contact Joel on: ☎️ – 0402 216 040 💻 – joel@afgfin.com.au #joelcoopermortgagebroker #alliancefinancialgroup #investment #property #mortgagebroker #mortgage #homeloan #refinance #investors #firsthomebuyers #melbourne #melbournefinance #melbournemortgagebroker #melbournehomeloans #melbournerealestate #melbourneproperty #victoria #victoriaproperty #victoriarealestate #victoriabroker #victoriafinance #victorialoans

With just one RBA rate decision left for 2024, homeowners may be holding onto hopes of a summer cut. We look at when rates may start falling – and how you could possibly give yourself a rate cut before Christmas. 😎

🏡 Can’t afford to buy in your preferred area? 🏡⁣ ⁣ It could be time to consider a ‘dupe’ suburb.⁣ ⁣ These are locations close to more expensive areas that let you enjoy the same lifestyle without the high price tag. 👍⁣ ⁣ Even better, gentrification tends to spread. ⁣ ⁣ So today’s dupe could be tomorrow’s property hotspot. 🙌⁣ ⁣ How to pick a dupe?⁣ ⁣ Look for postcodes close to suburbs that have seen big gains in house prices or recent development. ⁣ ⁣ Better yet, PropTrack has a handy interactive property price tool that reveals the most expensive and affordable pockets in each suburb across the country.⁣ ⁣ DM or contact us and we'll send you a direct link to it. 👇⁣ ⁣ To find out more, DM or contact Joel on: ☎️ – 0402 216 040 💻 – joel@afgfin.com.au #joelcoopermortgagebroker #alliancefinancialgroup #investment #property #mortgagebroker #mortgage #homeloan #refinance #investors #firsthomebuyers #melbourne #melbournefinance #melbournemortgagebroker #melbournehomeloans #melbournerealestate #melbourneproperty #victoria #victoriaproperty #victoriarealestate #victoriabroker #victoriafinance #victorialoans

🙌 4 ways to save up a deposit sooner 🙌⁣ ⁣ It takes 5.6 years on average to save a 20% deposit, according to recent PropTrack data.⁣ ⁣ But why wait that long if you don't need to? Here are 4 ways you could save up a deposit sooner.⁣ ⁣ ✅ Pay LMI: some lenders accept a 5% deposit if you pay lenders mortgage insurance (LMI).⁣ ✅ Get a guarantor: can a close relative guarantee your loan? It could let you buy with a 5% deposit and no LMI.⁣ ✅ The First Home Guarantee scheme: the government guarantees your loan, so you can buy with a 5% deposit and zero LMI.⁣ ✅ Use your super account: fast-track your savings by making use of the First Home Super Saver Scheme.⁣ ⁣ Call us to know which pathway could work for you. 👇⁣ ⁣ To find out more, DM or contact Joel on: ☎️ – 0402 216 040 💻 – joel@afgfin.com.au #joelcoopermortgagebroker #alliancefinancialgroup #investment #property #mortgagebroker #mortgage #homeloan #refinance #investors #firsthomebuyers #melbourne #melbournefinance #melbournemortgagebroker #melbournehomeloans #melbournerealestate #melbourneproperty #victoria #victoriaproperty #victoriarealestate #victoriabroker #victoriafinance #victorialoans

Saving for a 20% house deposit is like house training a wilful Labrador. It requires plenty of patience and persistence. Not your thing? You could take out lenders mortgage insurance (LMI). But how much extra does that cost? And can you avoid paying for it? (for the LMI, not the dog 🐶)

📈 Will home prices keep rising over the next year? 📈⁣ ⁣ The past 12 months have seen national home values increase by 8.3%, according to CoreLogic.⁣ ⁣ But a new report suggests we might not be done with the gains just yet. 😮⁣ ⁣ Domain is predicting national house prices to rise 3-6% this financial year.⁣ ⁣ The biggest gains are forecast for Perth (8-10%), Adelaide (7-9%) and Sydney and Brisbane (6-8%)**.⁣ ⁣ Remember though: these are predictions, not facts. 🔮⁣ ⁣ That’s why the ‘right' time to buy is when you feel ready.⁣ ⁣ Talk to us to understand your borrowing power, and we'll help match you with a home loan that’s right for your needs. 👇⁣ ⁣ To find out more, DM or contact Joel on: ☎️ – 0402 216 040 💻 – joel@afgfin.com.au #joelcoopermortgagebroker #alliancefinancialgroup #investment #property #mortgagebroker #mortgage #homeloan #refinance #investors #firsthomebuyers #melbourne #melbournefinance #melbournemortgagebroker #melbournehomeloans #melbournerealestate #melbourneproperty #victoria #victoriaproperty #victoriarealestate #victoriabroker #victoriafinance #victorialoans