Before you consider a loan of any kind, think of what you want to achieve with this borrowing, is it to have a home to live in, a new investment property, a property in your SMSF, a Bridging Loan for a new home before you’ve sold the old one or maybe your goal is to reduce other debt you have outside the home loan.
Or maybe even, you have, or are about to Retire and are worrying that you wont have enough money to live on with your superannuation income and Aged Pension, and how you are going to be paying the bills now. Ask us how this can work for you with a Home Equity Release loan.
Perhaps it maybe a loan to assist your business for something you need immediate cash for… i.e. to grow the business with a marketing programme, to purchase stock, to achieve discounts by paying early, to clear ATO debt, to bring super for staff up to date…
What ever the reason we can discuss and advise on your best options. Contact us today for an obligation free chat.
SERVICES –
Before you consider a loan of any kind, have a clear goal in mind as to what you want to achieve
Reverse Mortgage/ Home Equity Release loans
Are you wondering what all the fuss is about regarding Reverse Mortgages or Home Equity Release Loans as they are often called?
With the cost of living rising and some people, 55+ years and on very limited incomes, its another way to fund the lifestyle you dreamed you would have in retirement. Simply access the ownership you have in your home with no risk of losing the home.
What can you do with the money you can access using the home equity?
- Fund home renovations and repairs, new kitchen, a lift?
- Pay for living expenses – a monthly income (non taxable)
- Provide financial assistance to family members (early inheritance to allow kids to purchase their first home)
- Consolidate your debt (existing Mortgage, credit cards, other debt.)
- Purchase that new Car or Motorhome for the trip around Australia
- Enjoy the dream holiday overseas
- Fund Home Care — enabling you to remain in your home and receive the Care you need at home.
- Fund admission to an Aged Care/Dementia facility.
Contact Carol for an obligation free discussion 0418 431157 carol@yourfinancelady.com.au
Purchasing a Home for your family
Whether this is your first foray into the housing market or you’ve simply outgrown your existing home as your family has grown, we can guide you all the way through the process of buying a new home and into your next new home, whether it be to construct a new home or you’ve found a larger home to suit your growing needs, we are there for you every step of the way.
Investment Property
Perhaps you’re settled in your current home and it is suiting you needs for now and its now time you thought about an investment property, everyone else is doing it –right? We can guide you through this process, how much money you need to do that, where will the money come from, what will be the costs now and ongoing, tax benefits and ensuring it is structured correctly, all the ins and outs of such a strategy…
Refinance
With rates having risen dramatically for many people when they came off FixedRates -and are now experiencing “rate shock” talk to us, we may be able to negotiate for you or show you how to negotiate a better rate with your existing bank, or to find you an entirely new Lender with better rates… If hardship is very evident provisions may be able to be put in place to alleviate stress in the family.
Debt Reduction
Too many other things to pay off right now before you consider the next step?There’s that credit card (s) that are maxed out, a car loan, all sorts of other things: with the right strategy in place, we can put a plan in place for you to get those pesky things out of the way so you can move forward.
Getting the loan paid off much sooner
Self Managed Super Fund loans
Many people these days like to use the cash in their existing retail Super Fund at their workplace, by creating their own Self Managed Super Fund and via that new fund, purchase a property or two. This is a very popular strategy for wealth creation these days. We have many lenders available for us to use to create this investment option for them.
Business Loans
Business’s often needs cash on short notice to meet a gap in finance which they have not been expecting. Pay the staff wages, bring the staff superannuation up to date, purchasing stock and it has to be paid for before delivery to obtain best discounts, ATO debt, there are many needs a business can have for cash quickly, often to grow the business to the next level… we help you to obtain the required funds in a few days and usually no security required.
Commercial Property
A great way to grow your wealth is to purchase a commercial property, and it doesn’t have to be a massive 35 story office building or a Bunnings complex…..Often premises any small business is operating from may come onto the market. A commercial property with a good tenant will provide the property owner with longterm rental and a stable tenant, ie a business which is not likely to move on for many years… And a commercial tenant pays all the outgoings, where as with a residential investment property the owner of the property is responsible for its upkeep.Business owners like to own the building they operate from… and in a Self Managed Super Fund is often a great way to do that, but not the only way.
Next Stages of Life planning
As an ex Financial Adviser for many years in the banking system prior to the last 15 years as a Mortgage Broker, Carol has met with probably thousands of people and can discuss with you various aspects of your Life Plan, if you have one, and if not help you organise yourselves so all boxes are ticked…. and in need, refer you to professionals eg a solicitor for your Wills, Advanced Health Directives, a FinancialAdviser for an overview of your Super fund, Life Insurances, End of life planning and much more. We all have had advice in various aspects of our lives, this service brings it all together in one 2 hour conversation to ensure there are no gaps in your end of life planning.
Your path to financial success starts with a simple step – reaching out to us today. Together, we'll find the right solution for you.
ABOUT –
Empowering Financial Success
Whether you’re navigating a home purchase, structuring a home loan for optimal benefit, delving into investment properties, exploring SMSF loans, venturing into commercial real estate, or addressing the dynamic needs of business owners, Your Finance Lady offers strategic advice and access to tailored financing solutions. With a focus on maximising your wealth, we provide insights, tips, and tricks to help you make informed decisions and achieve your financial goals. From securing the best rates to managing loans efficiently, Your Finance Lady is your trusted partner for a prosperous financial future.
Your Finance Lady is your ally in addressing cash flow needs, outstanding debts, and strategic growth initiatives.
Personalised Guidance
Benefit from tailored advice crafted by a seasoned professional with 14 years of experience, ensuring that your financial strategy aligns perfectly with your unique goals and circumstances.
Optimised Financing Solutions
Access the best rates and products for your home loan or investment, guided by Your Finance Lady’s expertise in structuring loans to minimise costs and accelerate payoff.
Diverse Investment Strategies
Explore a range of investment opportunities, from property ventures to SMSF loans and commercial real estate, with strategic insights that empower you.
Responsive Small Business Support
Navigate the dynamic challenges of small business ownership with ease, leveraging Small Business Loans for quick access to capital and expert advice tailored to your business needs.
YOUR FINANCE LADY –
Carol Russell
Meet Carol, the seasoned professional behind our team at Your Finance Lady.
With the last 16 years as a Mortgage & Finance broker and many years prior to that as a Senior Financial Adviser in the banking world Carol offers personalised expertise to structure home loans, navigate investments, and provide strategic financial solutions to assist you to create wealth through property.
If you’ve worked hard all your life and paid off/almost paid off your home and are now thinking about retiring, an obligation free discussion around how you can have the end of life lifestyle you’ve dreamed of can make it all come true… speak to us about an Equity Release Home Loan (Reverse Mortgage).