So whilst we’re not entirely qualified to answer questions regarding valuations of property, we do see valuations as a part of the lending process being returned. Valuations will still be completed by independent valuers so in most circumstances the valuer has no affiliation with the actual bank. They’re an independent company. So the way they […]
Continue readingSo the basic answer for this one is no. It won’t affect your credit file in any way. We’ve had confirmation from almost all lenders not that they won’t be lodging any black marks during the COVID-19 pandemic deferrals. They also won’t be lodging anything on the internal credit score. So some banks have an […]
Continue readingSo you’ve just signed a contract, and BOOM! COVID-19 hits. What next? Brook allays some fears and puts things into perspective for people who need answers on this topic. Transctipt below: So, we have had a couple of clients that have signed contracts just before all of this COVID-19 stuff came in to effect. They’ve […]
Continue readingHearing alot about people pausing their mortgages? Wondering what that looks like for your loan? Brooke steps us through some of the things you need to be wary of, and best practice when looking to defer our mortgages. Transcript below: Ok, so it’s important to understand firstly, that each lender is a little bit different, […]
Continue readingFeeling that itchy trigger finger looking at your equity or financial postition vs the market right now? Brooke sits down and gives DLS members her 2c on what to watch out for if you’re ready to take advantage. Transcript below: Yes. Rates are the lowest we’ve ever seen them. We are seeing some advertised fixed […]
Continue readingWhat can I do with my Investment Loan or Credit Card? We kick off our COVID-19 Lending FAQ series with one of the most asked questions on peoples minds at the moment. Transcript Below: Scomo has talked alot about people deferring their mortgage repayments on their home, but what if you have in investment property? […]
Continue readingHow can DLS help during COVID-19? Many of our customers have been asking very similar questions lately. Of course COVID-19 impacts us all differently, but when it comes to loans, we’re seeing alot of similarities in need for information. Brooke wanted to sit down and address the core questions people are having, to put some […]
Continue readingWhen asked what the number one stress-point on household finances is, the answer is always “trying to save money”. ” But there is a light at the end of the tunnel – home loan rates are the best we have seen. ” It’s a big deal in Australia right now with consumer debt at an […]
Continue readingInvestment in a property can be a big deal. Even a small loan is a relatively large, long-term commitment and there can be plenty of emotional attachments – especially if it’s your first home loan. “ People tend to purchase property based on emotional triggers, and not a smart business strategy.” And it can be […]
Continue readingLast week we touched on Investment property and the importance of getting the strategy and structure correct. Which got us thinking. How does this apply to clients enquiring about restructuring debt. As little as 5 years ago, things were vastly different in this space, and beginning to change rapidly. We are now starting to see a […]
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