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!!
Similar to a good sailor, a good investor gets to know the climate, the conditions, and plots their course wisely before embarking on any big venture.
Buying your first home is one of the biggest ventures in most investor’s lives.
Meet Ashley, skilled sailor, and now, with some thanks to TMFG, skilled investor, and home owner.
Want to inject working capital to help business grow,
Close the funding gap between paying staff and receiving invoice payments,
Purchase stock for seasonal growth,
Access cash upfront against your unpaid sales?
Yes?
Invoice Finance can help...how?
Between a Rock And a Neat, Off-The-Plan East Bentleigh Place.
Finance savvy wife, happy life, is a trope we’re keen to promote at TMFG. It’s certainly the case for this rocking couple!
Melinda & Stefan met rock-climbing almost a decade ago, and since, this active couple have been confidently climbing the property ladder. As well as acquiring 2 beautiful kids, Melinda and Stefan have acquired a very healthy investment portfolio along the way.
I spoke with Business Development Managers from major lenders and asked them what their top tips were for first home buyers. Here’s what the industry experts had to say…
Begin by researching the market, location and types of properties.
Set yourself some realistic saving goals and a budget for living expenses and loan repayments. This will give you a better idea of the purchase price you can afford.
Ask questions and seek advice from those with experience. A financial specialist can walk you through the buying process from beginning to end, assisting with a loan that best suits your needs.
Finally, make a start early. Obtaining your first property, whether it be a home or investment, opens doors for future purchases.
Speak to one of our consultants today
