Lendingshop

Name: Lendingshop
Address: 109/65 Victor Crescent, Narre Warren East, VIC, 3805, AU
Telephone: +61425829676

Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Lendingshop, Consulting Agency, 109/65 Victor Crescent, Narre Warren East.

05/05/2023

This will vary person to person. A good place to start is to:
✔️Find a finance broker you click with.
✔️Talk to them about your plans.

Each lender has different policies, and while not everyone will qualify everywhere, we’ll be able to guide you to which lenders you have the best chance with.

Getting in touch with us sooner, rather than later, also means we can help you create the best impression with the lender - this preparation will ideally start months before you apply.www.lendingshop.com.au

02/05/2023

There's a lot of noise about the perks of refinancing your home loan. And yes, it could save you big time.

But a word of caution: make sure you consider all the costs of switching home loans. You also want to make sure that the product you end up with serves your best interests now and for the long term.

Who's refinanced their loan recently? Who is thinking about it? Who is happy with their current home loan?www.lendingshop.com.au

01/05/2023

Ever get to payday and think ‘Phew!’

If your money seems to go MIA, then get in touch for a judgment-free chat about how to get in control.

There are some excellent ‘set and forget’ tools you can implement in no time. Trust us, being in charge of your money is so much more rewarding than wondering where your money goes.www.lendingshop.com.au

26/04/2023

Will a sneaky Uber Eats delivery really impact your home loan application?

Short answer is it all depends.

If you're doing a full grocery shop every week, yet are ordering in five times a week, and only paying your minimum credit card repayments, then it’s not a great look. Like anything, take a common-sense approach.

Get in touch to find out how this applies to your situation.www.lendingshop.com.au

23/04/2023

When we help our clients secure a home loan, it's about making sure they can comfortably handle the repayments. Now and in the (rather likely) event of a rate rise.

After all, a home loan should be life-enhancing.

If your home loan feels more like a ball and chain, get in touch to explore your options.www.lendingshop.com.au

20/04/2023

If you're still renting, you've probably got at least one well-meaning Uncle who asks you "Why pay back someone else's mortgage when you can pay back your own?"

We hate to say it, but they're onto something. They're alluding to the fact that buying a house, and making your home loan repayments, builds equity.

Equity is the difference between the value of your property, and the size of your mortgage.

It increases as you pay back your loan, and as property prices increase.

And this is why buying makes so much more sense to us than renting: because your home loan repayments build your equity - not someone else's.⠀www.lendingshop.com.au

17/04/2023

A redraw facility is synonymous with flexibility, but remember it's only going to be useful to you if you actually have a need for it.

How it works:
A home loan redraw facility allows people with a variable rate mortgage to access extra funds they have already paid off their home loan.

Basically, you'd be making additional repayments and then 'redrawing' those funds as needed.

The perk is that any additional repayments you make reduce the amount of interest you pay.

However, there are of course fees and charges associated with this facility, so you want to make sure you're getting the most out of it.

We can help you understand which features would make sense for your situation. Ask us how.www.lendingshop.com.au

14/04/2023

Business owners! Tell us, can you imagine ever working for someone else, now that you've been in business for yourself?www.lendingshop.com.au

11/04/2023

It's a simple demand vs supply equation. Is the property market currently more favourable to people buying or selling?

Australia's property market doesn't fit neatly into one category, as there's a lot of variation between regions, and even within suburbs. We also see very different patterns at the higher end of the market versus the rest.

Buyer's market: more properties for sale, lower auction clearance rates and potentially lower property prices.

Seller's market: fewer properties for sale, high auction clearance rates, higher property prices.

In our experience, even the most sophisticated investors can't accurately time the market, but by at least being aware of whether we're in a buyer's or seller's market, you can get a sense of whether you have much leverage during negotiations.

Get in touch if you're going to buy property this year.

www.lendingshop.com.au

07/04/2023

Recently, APRA wrote to Australia’s banks to let them know they need to apply a bigger buffer when calculating how much someone can afford to borrow.

APRA estimates these changes will lower people’s borrowing power by about 5%. So if you were previously able to borrow $1M, you may now only be able to borrow $950k. And if you hadn’t planned to borrow right up to your maximum amount, this change to regulation may not impact you at all.

You only ever want to borrow what you can afford to pay back, but we also want to help you borrow what you need to make your property goals a reality. Get in touch to discuss how to put your best foot forward when it comes to applying for a home loan.www.lendingshop.com.au

05/04/2023

When deciding on a home loan, the interest rate is understandably what most of our clients first consider.⠀
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The thing is, sometimes when you go with a product that has the lowest interest rate, you forgo other features that could benefit you in the longer term.

We'll definitely advocate for the lowest interest rate possible, but always in a way that balances all your needs, today and into the future.⠀
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Let us know if you want us to crunch the numbers with you.www.lendingshop.com.au

02/04/2023

Einstein asked if a cluttered desk is the sign of a cluttered mind, then what does an empty desk signify?

Sounds a bit like what someone with a messy desk would say, but we're running with it.www.lendingshop.com.au

Address

109/65 Victor Crescent
Narre Warren East, VIC
3805

Telephone

+61425829676

Website

http://www.lendingshop.com.au/

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