BetterBond’s Post

#Exclusive | Understanding the Repo Rate: Key to Navigating Home Loan Costs! 🏠💰 Learn how changes in the repo rate impact your borrowing costs and EMIs, and stay informed to make savvy financial decisions. https://lnkd.in/dWHv_JMy #RealtyNXT #RepoRate #HomeLoans #EMI #RealEstateInvestment #RealEstateTips #RBI

Are you looking at exploring the possibility of an interest only home loan? While this can be a great financial investment, there is a number of pros and cons to considere before making that step. Pros: 💰 Lower repayments during the interest only period can help you save more money that you can put towards paying off other debts. 💰 Great for shorter loans such as construction loans or bridging finances 💰 As an investor you could be claiming higher tax deductions from an investment property Cons 💰 You may end up paying a higher amount in interest over the course of the loan 💰 You pay nothing off the principal during the interest-only period, so the amount borrowed doesn't reduce. 💰 If your property doesn't increase in value during the interest-only period, you won't build up any equity. Reach out to our team today to discuss the possibility of an interest only home loan. #pointerfinance #refinancingexplained #refinancemortgage #refinancingprocess #thepointerdifference #propertyinvestment #mortgagebroker

One of the key benefits of VA loans is the limit on the amount of closing costs you can be charged. This can make the homebuying process more affordable. Contact us. Contact me at (805)478 4784 #MortgageAdvice #HomeBuyingJourney #HomeFinancing #MortgageTips #FirstTimeHomebuyer #PropertyInvestment #HouseGoals #RealEstateAgent #DreamHome #HomeForSale #MDInternationalMarketingGroupInc #NewAmericaRealty

Your debt-to-income (DTI) ratio is an important piece of financial information that will help you and your personal loan advisor determine how much you can afford to invest in a home. The ratio takes into account all of your monthly debt (what is found on your credit report), your monthly income and the monthly payment of your new home. To calculate your debt to income ratio: Divide your total monthly obligations by your gross monthly income (before taxes). Ideal DTI: An ideal back ratio is no higher than 43%, but other ratios are often accepted. Read more here: https://lnkd.in/gD8a9uki #apm #americanpacificmortgage #APMresults #ComeHomeToAPM #creatingexperiencesthatmatter #makingadifference #APMdifference #changinglives #homefinancing #WeBringPeopleHome #thejoyofhomeownership #myriamramirez

More banks cut home loan rates: https://buff.ly/3V7ZzXJ Another day, another round of home loan rate changes. Talk* to us about your first / current / next investment property today; we’ll help you evaluate your situation and connect you with the right people; call 0800890132 or visit EpsomTax.com for tax advice, strategy&structures and #investments, including #propertyinvestment cryptoinvestment nfts managed funds shares #investmentproperty #property #propertymarket #lending #rentalproperty #realestateinvestment #rentaltax #realproperty #investments #propertytax #propertytaxes #markets #shares #sharemarket #investment #investmentstrategies #investmentstrategy *我的中文说蹩脚，hablamos español, falamos português.

Look at these staggering numbers regarding credit card debt vs savings rate. There has been a substantial increase in cash out debt consolidation refinances. Equity is also at an all time high and that’s the way out. I’m seeing home owners take 1….2….3,000 off their total monthly bill obligations. It’s worth having the conversation… #consolidate #creditcarddebt #savingsrate #equity #realestate #cashoutrefinance #teamromanomortgages #getsavvywithsonny #movementmortgage #impactlending #impactlender

A home loan with an offset account may seem the same as a home loan with a redraw facility, and whilst they have some similar benefits, they function quite differently. We did a comparison of the two in last week's referrer newsletter which you can read here - https://loom.ly/5ReVWO0

Wondering what DTI ranking is and why it matters in real estate? Debt-to-Income (DTI) Ratio: This crucial metric measures your total monthly debt payments against your gross monthly income. Lenders use it to assess your ability to manage monthly payments and repay debts. What It Means: Low DTI: Indicates strong financial health, making it easier to qualify for loans. High DTI: May signal potential financial strain, potentially affecting loan approval. Understanding your DTI can help you prepare better and secure favorable mortgage terms! #RealEstateTips #FinancialHealth #HomeBuying #MortgageAdvice #DTIRanking

🏡 How your deposit size can shape the interest rate you pay 🏡⁣ ⁣ Size matters! At least when it comes to how your home-buying deposit can impact the rate you pay. ⁣ ⁣ Lenders often set your home loan rate taking into account your loan-to-value ratio – or LVR. 🤓⁣ ⁣ That’s the percentage of your home’s value that you need to borrow. 🏦⁣ ⁣ The smaller the LVR, generally the less risk for a lender – and that could see you rewarded with a lower rate. 📉⁣ ⁣ How much lower? Give us a call and we'll help you explore your options. 👇⁣ ⁣ To find out more, contact Twelve Grains Capital on: ☎ – 1800 807 620 💻 – projects@twelvegrainscapital.com #twelvegrainscapital #buildbetterbusiness #bespoke #specialistlending #privatelending #smeloans #commercialloans #refinance #homeloans #assetfinance #property #sydneyproperty #sydneyrealestate #australianbusiness #australianrealestate

With cost-of-living pressures mounting, many homeowners and investors are exploring interest-only repayments as a way to reduce mortgage costs and free up cash flow. Whether you're juggling rising strata levies, council rates, or insurance premiums, this option can provide temporary relief when you need it most. But why are banks cautious about offering interest-only loans for owner-occupied properties? And is this approach right for your situation? 🏡 We've broken it all down in our latest article, Navigating Tough Times: Why Interest-Only Loans Are Gaining Popularity. Discover how this repayment structure works, the risks to consider, and why speaking with a mortgage broker could be your smartest move. #InterestOnlyLoans #MortgageTips #CostOfLiving #HomeLoanHelp #MintEquity