First Home Buyer’s Advice

Everyone eventually comes upon the idea that they’re ready to buy their very first home. Of course, with so many options available to the average first-time home owner, it could be an easily overwhelming task to decide on which options will suit you best. So how do you truly know whether it’s the best time for you to commit to your first mortgage?

Is it simply about having enough saved for the down payment, or finding a home loan that provides an ideal repayment plan? Chances are that you’d likely be agreeing to needing these factors met. However, the truth is that there’s plenty more to consider, especially if you are able to take a long-term view on what comes after buying your first home.

Through a consultation with Sandy Brahmbhatt in our offices, Robust Mortgage Gain can aid you in securing your first home, find an appropriate mortgage to suit your repayment preferences, and allow you to think far beyond just settling in as a homeowner.

Sandy will be able to provide you with more than just an appropriate mortgage solution. Taking innovative considerations to practice, a consultation with Sandy will reveal a number of ideas that you’ll easily find, will meet your longer-term financial goals, and more.

Land & Construction Loan

Buying a land and building the home the way I like, is a dream of most australians. The construction loan works little different way than a loan for buying existing home. There are many dilemans when it comes to construction loan. We don’t stop our service until just loan approval. We help you each step of construction including base, frame, lock-up, fixing and completion.

Refinance Support

Mortgage repayments often strike first home buyers as being a significant commitment to make. Yet, after a first-time home owner commits to their first mortgage, some may be pleasantly surprised to find that refinancing options can provide them with the ideal flexibility to adjust their financial decision making as they go on with their lives.

This sort of flexibility can entail opportunities that see you repaying your mortgage sooner, or even revisiting your mortgage to allow for the possibility of financing an investment property. Whichever it is you’ve considered, know that options do exist to allow for greater financial ability as a homeowner.

When you work with Sandy at Robust Mortgage Gain, you’ll find that we’ll be able to provide a review of any existing mortgages, and present recommendations that offer options you may not have previously considered. Grab an educated opinion by consulting with Sandy today, and see what more you can do financially, apart from servicing your first mortgage.

Multiple Properties Investor Information

Once you’ve caught the ‘investor’s bug’, there’s no telling what kind of bright and inspired ideas you may entertain, as far as wanting to invest in additional properties. Thankfully, Robust Mortgage Gain specialises in assisting our clients with exactly these considerations. Whether it’s to do with venturing into a mortgage for your first investment property, or planning for multiple investments over a period of time, we can certainly provide the accredited knowledge and expertise to carry out your plans perfectly.

An investment property can improve your financial upward mobility, especially if your goals include early retirement, or being able to pay off your first mortgage sooner.

However, every investment decision requires adequate research and professional consideration, to allow you the returns you seek. With a solid grasp of cost to benefit ratios, Sandy can provide professional consultation to assist clients in obtaining a clearer view on how to maximise their next investment property. Consult with Sandy today, to consider a longer-term view on how your next investment property could materialise as the best financial decision you’re able to make.

SMSF Loan

Many Australians have dream to buy property under SMSF, in fact property ownership has been one of the strongest influence for SMSF set up. You can buy residential and commercial property under SMSF. It may be the opportunity to have rental income received by the fund from a related business leasing commercial property owned by the fund, which adds to the retirement savings of the members of the SMSF who also own the business. The clear advantages of owning direct property in your SMSF include receiving the rental income paid to the SMSF for the use of the asset and a lower capital gains tax rate of disposal of the property. The rental income adds to your retirement savings and is taxed at concessional rate at 15 per cent.

Guarantor Loans

Under a family security guarantee, a family member with sufficient equity in their home can use it as a security guarantee for your loan.

The person providing the security is known as the guarantor. The guarantor doesn’t give you or the lender any money. However they will have to accept the obligations associated with entering into a guarantee. And you will still need to make the repayments.

The guarantor’s security doesn’t cover the entire loan amount, just a portion of it. This is usually the amount needed to reduce your loan-to-value ratio (LVR) to 80%. The guarantee is limited to this amount.

If the security guarantee reduces your LVR to 80% you won’t pay Lenders Mortgage Insurance. That means you may be able to reach your deposit saving goal sooner.