Tag: Australia

Laxmi Home Loans

To want extend you have to listen to your close friend or family members while finalising your property or home loan?

Has your friend recently bought a property and you are taking advice from him/her?  Thinking s/he know all? Common, your friend is having a feeling of getting 8 packs after walking out of Gym for the first day or the same feelings like a superhero after walking out of a theater watching spider man or recently released Salman Khan’s Sultan!

I highly recommend everyone to go and talk to your close once, while seeking or before finalising a property but please do not blindly or 100% trust them by understimulating some experts advice. I am not saying you’re close once will give you wrong advice either but the advise they are giving might not be suitable for you. In short, I have written few points below please go through them why you should not blindly trust them ( we will discuss in details while meeting ).

Please match:

a) Your income and their income

b) Your deposit amount and their deposit amount.

c) Your current job & location AND their.

d) Your number of family members and their

e) Your future plans and their

f)  Your expensive patterns and their

g) Your Liabilities and their

h) Your credit file condition and their.

If above all points are almost same then perhaps you can make a joint decision.

I am writing this from my personal experience. Recently 2 friends bought off the plan unit in Lidcombe. Sad thing is that one friend can easily settle(this is good) BUT  other has decided to put it back on the market for resell because he could not get finance because of 3-4 reasons, at last, they approached me but i also had to say, ” i wish i could do something for you but I am extremely sorry”. 

Note: if you have bought off the plan please start your loan preparation, at least 2 months ahead.

Disclaimer: This is just our thoughts and personal experiences, it might not be happened or suit every individual. Please take this as a general information and seek professional and proper advice.

By: Kishor Acharya
Laxmihomeloans

Small Budget Big Makeover – Video

 

 

If you have small house/unit and less budget. This video could help you to get some idea to renovate your house/unit. Note: Video is in Hindi

#LaxmiHomeLoans

 

के तपाई अस्ट्रेलियामा घर किन्ने सोच्दै हुनुहुन्छ ? ” LAXMI Home Loans – Australia ” लाई सम्झनुहोस् l

☎️ 0433 589 626

🔊 www.LaxmiHomeLoans.com.au

🏢 Suite 1, Level 1, 251 Liverpool Rd Ashfield 2131 NSW

हामी तपाइलाई घर खोज्न देखी – बैंकको लोन मिलाउन सम्म सघाउछौ #LaxmiHomeLoans

Video 5: How to search property in Australia? By Laxmi Home Loans in Nepali

 

How to search property in Australia? Here is step by step guide.

हजुरहरुले घर त किन्ने सोच्दै हुनुहुन्छ तर कसरी सुरु गर्ने अनि कसरी खोज्ने त ? आउनुहोस हामीले जानेका कुराहरु हजुरलाई भन्छौ ; हामी, हाम्रा client आदरणीय हरुलाई “माछा हैन – माछा मर्ने बल्छी दिन चाहान्छौ “, आउनुहोस हामीहरु मिलेर घर खोजौ ***************************************************************

To discuss various aspect of the home loan process, please inbox us or Book FREE appointment http://laxmihomeloans.com.au/phone/bo…

के तपाई अस्ट्रेलियामा घर किन्ने सोच्दै हुनुहुन्छ ? ” LAXMI Home Loans – Australia ” लाई सम्झनुहोस् l

☎️ 0433 589 626

🔊 www.LaxmiHomeLoans.com.au

🏢 Suite 1, Level 1, 251 Liverpool Rd Ashfield 2131 NSW

हामी तपाइलाई घर खोज्न देखी – बैंकको लोन मिलाउन सम्म सघाउछौ #LaxmiHomeLoans

 

Australian households have spent $4.4 billion on bank fees in 2016, up from $4.1 billion the previous year, new figures from the Reserve Bank have revealed.

Australian households have spent $4.4 billion on bank fees in 2016, up from $4.1 billion the previous year, new figures from the Reserve Bank have revealed.

The RBA’s annual Banking Fee Survey, released today, shows fee growth from credit cards slowed slightly in 2016 but stills remain the largest component of fee income from households with the increase attributed to the popularity of credit cards bundled with home loan packages.

There were also more examples of fees being charged, with some lenders no longer waiving fees for transferring a credit card balance to a new card provider.

Source and Read more at http://beta.9news.com.au/national/2017/06/15/18/49/australians-paying-billions-in-bank-fees#F28ib5qFWRov1j8A.99

 

LAXMIHOMELOANSLENDERS

What is my borrowing capacity ?

This should be the first and very important question that we have to ask ourselves, how much can I borrow? After the calculation is come in the fund and going out fund, we can get a clear picture and know how much you can borrow to purchase a property. While determining how much you can borrow banks and lenders mainly look at:

  • Credit card limits, Car loans, personal loans
  • Income and types of income e.g. full-time, part-time casual, contract,
  • The size of the loan compared to the property value ( LVR )
  • Number of dependents and their age
  • General living expenses, and
  • Existing asset position (Client contribution towards the loan)

 To increase borrowing power

  • Pay off ( or decrease ) and close any credit card & other current liabilities if possible
  • Start saving by decreasing miscellaneous expenses
  • Try to find the bank which does not calculate existing mortgage with same assessment interest in proposed loan.

 

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