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Tue, Jul 29th - 4:26AM

The Complete Guidebook for Understanding Property Valuation

Property Valuation – The Meaning

A property valuation is often conducted by a qualified and certified valuer on the request of a lender/credit provider who is looking to fund the purchase of a property. The valuation can also be requested by you (if required).

Property Valuations – The Need

It is an essential part of the home loan application process and is usually performed by when lenders are in the process of financing a property. The lender/credit provider will usually use their own nominated panel or preferred licensed property valuers.

Property valuation is requested for number of reasons, such as:

• To assist in the calculation of the Loan-to-Value Ratio (LVR)

• Develop an opinion of the market value of the property

• Assess the value of land, buildings, improvements and other factors that influence the current and past value of your property (i.e. the process involves both external and internal inspection of the property)

What Information is available in Property Valuation Reports?

Property valuation reports will include the following relevant property information details:

• Executive Summary - which is a summary of the report itself showing who ordered the report and who the owner of the property is to be

• Land Details – such as dimensions and area

• Title Particulars – shows the Title volume and folio numbers and any other encumbrances registered on Title

• Topography – a description of the land and the area

• Services – what infrastructure is available e.g. water, electricity, sewerage

• Town Planning - the Zoning of the property and if the buildings conform to that zoning

• Planning Constraints – whether the property has any Council planning constraints

• Environmental – if any environmental issues are in evidence

• Location – describes where the property is in relation to CBD’s and other suburbs

• Improvements, which include:

- Dwelling Description – a brief statement of the dwelling

- Construction – describes the materials used e.g. brick and tile

- Accommodation – the number of rooms and the type of rooms within the building

- PC Items – covers the kitchen, bathrooms, laundry

- Fixtures& Features –describes such items as the air conditioning, ceiling fans and floor type, etc.

- Other Improvements – will show a swimming pool (if installed), and fencing

- Building Areas – shown in square meters the living, outdoor and garage areas

- Condition

• Photographs of Improvements – photos of the building in and outside

• Comparable Sales – shows the recent sale of other properties in the same area

• Sales Evidence - lists the address, sale price and date of sale

• Risk Analysis – shows the property risk and marker risk ratings on a scale of 1-5 with 1= low risk and 5=high risk

• Comments – Valuers overall assessment of the property

• Valuation Approach

Remember that several factors constitute the property valuation report. If you keep in mind the factors mentioned in this guidebook, it will enable you in choosing the right property.

Are you considering buying a property? If you are looking for finance, Singh Finance will help you in getting the best property finance package. The firm’s home loan specialists will create a budget for you and find you the most affordable finance solution. Enquire online now.

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Mon, Jul 28th - 3:52AM

Capital Gains Tax FAQs - Find Quick Answer to your Questions here

Capital Gains Tax (CGT) was introduced in Australia on 20th September 1985. The tax applies only to assets acquired on or after that date. Gains (or losses) on earlier assets called pre-CGT assets are ignored.

CGT was introduced to reduce the inconsistency between the taxing of wealth and the taxing of income. The CGT system works by including the assessable gain on the disposal of a CGT asset in the assessable income of the entity disposing of it.

What is a Capital Gains Tax (CGT)?

Put simply, Capital Gains Tax is not a separate tax; it is part of your income tax liability. CGT is the tax you pay on the difference between the amount you sell an asset for and the amount you paid for it.

Capital Gains Tax in the context of the Australian taxation system applies to the capital gain made on the disposal of an asset, except for specific exemptions (e.g. the most significant exemption is the family home).

What is a Capital Gain?

A capital gain will occur when a capital asset is sold at a higher price than it cost you. For example:

• When you sell an asset for more than what you paid for, this is referred to as a "capital gain" , and

• If you sell an asset for less than what you paid for, this is referred to as a "capital loss"

Whether you make a capital gain or not depends on the purchase price of an asset compared to its selling price.

A capital gain usually has a different meaning for the tax department, the economists and the accountant.

Is a Capital Gain Treated as Taxable Income?

Yes, Capital Gains Tax operates by having net capital gains treated as taxable income in the tax year an asset is sold or otherwise disposed of.

It is important to note, that a Net loss in a tax year cannot be offset against any income. But, the net loss can be carried forward to be deducted against any capital gains in future years.

What is a Capital Gain Discount?

If the asset is held for at 1 year and you have determined the total capital gain, the CGT discount can then be applied. The total gain on the assessable income is first discounted by:

• 50% for individuals taxpayers, or

• 33.3% for self-managed superannuation funds

Companies and other trusts are not entitled to a CGT discount.

What Assets are Liable for Capital Gains Tax?

All assets are subject to the CGT rules unless they are specifically excluded. Capital gains and losses in a given tax year are totalled into three separate asset categories according to the class of the asset. The three separate asset categories are:

Collectables: This category includes assets acquired for above $500.00 and used for personal enjoyment, such as:

• Boats

• Furniture

• Electrical equipment, etc.

Personal Use Assets: This category includes assets acquired for above $10,000 used for personal use, such as:

• Paintings

• Art

• Jewellery

• Postage Stamps

• Antiques

• Coins, etc.

All Other Assets: This category includes assets that are not categorised as collectables or personal assets, such as:

• Land

• Shares in a company

• Rights and Options

• Leases

• Units in a Unit Trust

• Goodwill

• Licences

• Convertible notes

• Your home or unit

• Foreign Currency

• Contractual rights

• Any major capital improvement made to certain land or pre-CGT asset

The existence of separate categories for collectables and personal use assets works to prevent losses from them being offset against other gains, such as from investments. This works to prevent taxpayers subsidising hobbies from their investment earnings.

What Assets are exempted from Capital Gains Tax (CGT)?

A Capital Gains Tax exemption applies to:

• An asset owned outright

• A partial interest in an asset, and

• To both tangible and intangible assets

The current Capital Gains Tax (CGT) exemptions are:

• Any asset acquired before 20th September 1985, known as a pre-CGT asset

• The house, unit, etc. which is the taxpayers main residence and up to 2 hectares of adjacent land used for domestic purposes

• Collectables acquired for up to $500.00 used for personal enjoyment

• Personal use assets acquired for up to $10,000 used for personal use

• Capital loss made from a personal use asset (i.e. any capital loss you make from a personal asset is disregarded)

• Car and other small motor vehicles, such as, motorcycles (small being a carrying capacity less than 1 tonne and less than 9 passengers)

• Compensation for an occupational injury, or for personal injury or illness of oneself or a relative

• Life insurance policies surrendered or sold by the original holder

• Winnings or losses from gambling (which are free of income tax too)

• Bonds and Notes sold at a discount (gains and losses from these come under ordinary income tax)

• Medals and decorations for bravery and valour, provided they are acquired for no cost

• Shares in a pooled development fund

• Payments under particular designated government schemes (e.g. various industry restructuring schemes)

What is a CGT Event?

A taxpayer can only make a capital gain or a capital loss if a CGT Event happens. The CGT events include:

CGT Event A1 - The disposal of a CGT asset, which covers a change of ownership (e.g. by sale or giving away) of assets such as:

• Shares

• Units in a Unit Trust

• Debt Securities

• Land and Buildings

• Works of Art, etc.

CGT Event C2 - The cancellation, surrender or similar endings of a CGT asset, which would cover:

• The redemption of units in a Unit Trust (where the units are extinguished)

• The expiry of an unexercised option, or

• The redemption and cancellation of a debenture

There are approximately 50 different CGT events and most individuals will never experience many of these events.

What happens when an Asset is owned by more than one person?

Many assets purchased can be held in the following ownership types:

Joint Tenants - When an asset is owned under a "joint tenancy" arrangement. For CGT purposes, the joint tenants are treated as tenants in common (i.e. they have equal shares in the asset). Therefore, each party has an equal share of:

• Any Capital Gain from a CGT event, or

• Any Capital Loss from a CGT event.

For example, a couple that owns a rental property as joint tenants will split the capital gain or capital loss equally when they sell the property.

Partnerships - When an asset is owned by “partners” then the partnership itself does not own the assets. Instead, each partner owns a proportion of each CGT asset. The partners use their proportion to work out their capital gain or capital loss from a CGT event affecting any asset.

Tenants in Common - Individuals who own an asset as "tenants in common" may hold unequal interests in the asset. Each owner makes a capital gain or capital loss from a CGT event in line with their interest.

For example, a couple can own a rental property as tenants in common with:

• One person having a 20% legal interest and

• The other person having 80% legal interest.

When they decide to sell a rental property (or any other CGT event occurs), they will split the resultant capital gain or capital loss between them according to their legal interest.

Why take help of a Finance Broker?

Every financial decision requires time and expertise. It is because even a small mistake can harm you terribly. So, it is wise to seek expert advice from finance brokers. Contact a professional broker who has a thorough knowledge of Capital Gains Tax (CGT). He/she will be able to guide you through your options in determining what assets can be subject to Capital Gains Tax (CGT).

So, next time you have to pay capital gains tax, do not worry. Use this informative guide and employ the services of a finance broker to pay-off your tax liabilities quickly.

Singh Finance provides complete financial solutions to Australians. The firm’s property finance brokers will not only provide you with updated information on Capital Gains Tax but also offer low rate loans for business and home. Contact the firm today.

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Fri, Jul 25th - 11:00PM

Learn about the Exclusive Medico Home Loans for Doctors

Doctors and medical professionals are considered very safe by Australian lenders. It is because they have the lowest delinquency rate. And, it is for this reason that many lenders are interested in approving loan applications of medicos. To attract medical practitioners and to fight competition, lenders offer huge discount and benefits on medico home loans.

If you are a medical professional and looking for a home loan, read this financing guide. It will help you in learning everything about the amazing loan package called “Medico Loans”(also known as "Medico Pack").

The Purpose of Medico Loans

A medico loan has several purposes. You can use it for:

• Residential properties purchase

• Practice premises that are converted residential houses

• Owner-occupied dwelling

• Investment property purchase

• Refinance your existing home loan

• Obtain Cash Out (Equity Release), or

• Consolidate your debts

Medico loan has so many purposes. However, keep in mind that refinancing of working capital, equipment finance and all other business related loan purposes are excluded from it.

Features of Medico Loan

Home loan for medical professionals includes special features like:

1. Confirmation and validation of 5 per cent genuine savings is not required

2. A maximum Loan to Value Ratio (LVR) of 90 percent may be approved without Lenders Mortgage Insurance (LMI).

Special Discounts

Usually, medical professional make regular payments. It is for this reason that there is less risk in medico loans. And so, lenders offer special deals and huge discounts on these home loans. Here are few discount deals that are provided to medicos:

• Discounted Interest Rates

• Discounts on Lenders Mortgage Insurance (LMI) or even no Mortgage Insurance

• Easier Loan Approval - even for the typical "hard loan proposals"

• No Set Up Cost or Application Costs

• No Valuation

• Special Interest Rate for Family Members

• Easier Cash Out (equity release policy)

Eligibility Criteria for Medico Loan

A medico loan is available if you fit into any one of the following medical professions:

• General Practitioners

• Hospital - Employed Doctors (e.g. Intern, Resident, Registrar, Staff Specialist)

• Dentists

• Veterinary Practitioners

• Pharmacists

• Surgeons

• Optometrists

• Radiologists, and

• Physiotherapist

Employment Documents

You only have to provide copies of the following:

• Your University degree or qualification, or

• Your Registration with the Medical Practitioners Board of Australia or equivalent body

So, once you prepare a file of your income and employment documents, you can visit a lender or a brokerage firm. Do remember to ask for as much discount as possible.

Singh Finance provides huge discounts on home loans for doctors. Contact the firm today and its expert finance brokers will start working for you. You can even get pharmacy loan solutions from Singh Finance. So, call now and get ready to choose from a wide array of financing packages.

All the best!

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Fri, Jul 25th - 4:34AM

Why Getting a Loan Broker can help you in acquiring the Best Pharmacy Loan Package?

Every pharmacist dreams of starting a pharmacy. And, Australian lenders are giving wings to this dream. They have made financing so simple that a recent pharmacy graduate or even an associate can start his pharmacy without any trouble.

What is the Use of Pharmacy Loans?

The main objective of pharmacy loans package is to ensure growth of your business. It can be used for several purposes. Few of them are listed here:

• Buy your start-up pharmacy practice

• Acquire another pharmacy practice

• Expand/remodel your existing pharmacy practice

• Purchase equipment for your pharmacy practice, including fit outs

• Refinance existing pharmacy loan

Eligibility Criteria for Pharmacy Loans

Pharmacy loans solutions are offered by lenders to:

• Recent graduate

• Associate, or

• A seasoned pharmacist

Understanding your Financial Situation

Buying a new or existing pharmacy premises or pharmacy equipment is not a simple task. You need to consider several aspects and then make a profitable decision. Here is the list of things that should be considered before applying for a low rate pharmacy loan:

• Business opportunities

• Your overheads and running expenses

• Amount and term of the pharmacy loan

• Structure of the loan (Fixed / Variable / Combination / Interest only content)

• Expected interest rate

• Redraws, and

• Early repayment provisions (i.e. Exit Strategy)

Importance of a Finance Broker in getting Pharmacy Loans

Every financial decision should be made after meticulous planning. Most pharmacists don’t have adequate finance knowledge. So, it is wise to work out your business plan with a qualified and experienced finance broker. You should sit down with a finance broker and:

• Look at your overall financial position

• Establish a suitable Due Diligence/Business Plan, and

• Create a Budget

A qualified finance broker will advise you and provide financial knowledge of pharmacy business. He will help you in eliminating options that are beyond your budget and save your valuable time. If you employ a brokerage firm, you won’t have to run around from lender to lender on your own. The loan experts will understand your needs and present you with a number of loan options. He will also help you in choosing the best pharmacy loan package.

Truly, having a loan specialist will make pharmacy loans simpler for you. So, next time, you want a loan for your pharmacy business; don’t forget to employ the services of a finance broker.

A pharmacist can start his pharmacy business with Singh Finance. The brokerage firm offers pre-approval on pharmacy loans as well as provides cheap finance for equipment purchase. Contact on 0424 190 908 or enquire online now and, the firm’s expert finance brokers will assist you in finding the perfect pharmacy loan solution.

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Thu, Jul 24th - 4:42AM

Essential Guidelines for 95% Loan to Value Ratio Mortgage Loans

The Australian finance industry is experiencing the re-immergence of 95% LVR mortgage loans with tighter lending conditions. 95% LVR mortgage loans mean that you can borrow up to 95 % of the market value of the security property.

Lenders/Credit Providers carefully judge you for the Loan

If you are considering applying for a 95% LVR mortgage loan, it is extremely important that you put forward an impeccable loan application to the lenders/credit providers. There are a number of common reasons that can reject your loan application, such as:

• Having numerous credit checks performed on borrower’s credit files

• Having defaults registered against their name

• Having high credit card debts or personal finance debts, etc.

• Having recently changed jobs and still being on probation, or

• Having recently changed industries

Useful Tips to Help You with Your 95% LVR Home Loan Application

Deciding to purchase a property and then trying to apply for a 95% LVR home loan will be one of the most difficult and most costly financial decisions you will make in your life. You will need to carefully consider a number of factors, such as:

• Are you looking to buy a house, villa, unit or vacant land?

• What area are you considering for purchasing your property?

• What amount are you willing to pay for the property?

• Do you have enough funds available to cover stamp duty, legal fees and other related costs (e.g. removal costs)?

• Will the property give you a good capital gain over time?

• Is there suitable infrastructure nearby (e.g. schools, transport, shops, etc.)?

You will also need to consider a number of additional factors, such as:

• A minimum of 5% of the purchase price of the property in Genuine Savings (i.e. not a Gift from a family member), but a genuine demonstration of your ability to save.

• Keep all your monthly payments up to date (e.g. your mobile phone bill, electricity bill, car payments and credit cards)

• You need to be aware that Lenders Mortgage Insurance (LMI) premiums will increase if you borrow more than 90% of the market value of the property

• Some lenders will allow you to capitalise up to 2% of the market value of the property for Lenders Mortgage Insurance (LMI) and which they will add to the loan amount

Obtaining the right home loan package is a time-consuming process. So, it is always advisable to employ the services of a finance expert. He/she will help you in calculating your borrowing limit, interest rate and monthly repayment amount. You can contact a reputed finance brokerage firm and take help of its home loan experts. Make sure that the firm is aware of the standard requirements for obtaining 95% LVR mortgage loan.

So, next time you apply for a home loan package, follow the tips and suggestions mentioned in this finance guide. It will make 95% LVR home loans a reality for you.

Expert help is just a phone call away! Call 0424 190 908 and ask for Singh Finance’s expert home loan brokers. The brokerage firm will help you in your quest for securing 95% LVR mortgage finance. Contact and book an appointment today.

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Tue, Jul 22nd - 8:07PM

Debt Consolidation Personal Loans – Ideal Solution to your Debt Problems

There is one loan packages that will enable you to pay off other loans without any tension. It can be availed easily and it ensures lower repayment amount. Are you interested in it?

It is called "Debt Consolidation" finance. It is an option that you can consider if you find yourself struggling to make your monthly mortgage payments and also trying to pay off of your debts at the same time. Debt Consolidation finance involves the process of refinancing your current mortgage loan and combining any or all of the following debts into one mortgage. All of these debts have their own repayment terms, interest rates, fees and charges, and differing days of the month to repay the debts:

• Short Term Personal loan

• Credit card

• Store card

• Car loan

• Leasing arrangements, and

• Other loans

Are You in this Situation?

Like many consumers you have made your life miserable and stressful by getting yourself into a situation where you have:

• A number of different loans, and

• The loans being held with a number of different lenders/credit providers

Is Debt Consolidation Finance the Right Solution?

If you are currently finding it hard to keep up with your debts and you are struggling to make ends meet, for whatever reason, it is important to act quickly. Look no further because, we can help you get your finances back on track. Here are some practical reasons why debt consolidation finance is the right solution for you:

• You will be able to avoid the stress and pain of overdrawn or over the limit credit card balances

• There will be no higher credit card interest rates anymore

• You will be able to undertake effective management of your personal and household budget

• There will be improvement in your cash flow

• You will have a lower interest rate and affordable monthly repayments

• You will make only one repayment

A Debt Consolidation Loan Example

To see how much you will save monthly is best illustrated in the following example. The example assumes that you have a mortgage loan of $300,000 and credit card with a credit limit of $12,000:

A Debt Consolidation Loan Example

From the example illustrated above you can clearly see that:

Your will save interest by choosing a debt consolidation loan will be $91,003 and your monthly repayments will be reduced by $401 per month.

*Note -The example provided is an approximate guide only and for illustration purposes only. The results generated in the example, do not constitute an agreement to provide credit. All lending is subjected to normal lender/credit provider lending criteria.

What Action should I take for obtaining Debt Consolidation Finance?

The first step is to talk to a brokerage firm. Let the firm’s professionally qualified and expert finance brokers know that you are experiencing financial hardship. The finance brokers are committed to reducing your financial stress and getting you back on track again. Here’s how they will help you:

• They will analyse your overall financial situation and devise a budget plan for you.

• They will help you improve your cash flow and help you manage your payments.

• They will help you obtain low rate debt consolidation loan and find a solution to your debt problems.

Remember that debt consolidation loan has the potential to get you back on track. So, make a conscious decision and choose a perfect finance broker.

Singh Finance will solve all your loan troubles. Obtain fast debt consolidation loan from the brokerage firm and get ready to refinance your existing debts. Call now and ask for personal loan experts.

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Fri, Jul 4th - 8:29PM

Non-Conforming Home Loans –Ideal for Buyers with Default History

The most damaging thing that you can do is to have a default history listed in your credit file. Most lenders consider default history as a red flag for approval. But, don’t worry. You have an alternative in the name of “Non-Conforming Home Loans

What is a Non-Conforming Home Loan?

Non-conforming home loans are the same as regular home loans, and they include many of the same features. But, owing to the extra risk in lending to a person with bad credit history, you will most likely have to pay an increased interest rate on bad credit home loans.

When you apply for bad credit mortgage with a lender, be open and transparent. The lender will request you to provide an explanation regarding each entry appearing in your credit file. So, don’t try and hide anything. If you make the lender suspicious, your application may be declined.

Criteria for Approval on Non-Conforming Home Loans

Non-conforming home loans are only available if you can meet the following criteria:

>> No Current Bankruptcy

You should not be bankrupt or taking advantage of a part 9 creditor agreement within the Bankruptcy Act. If you are in bankruptcy, you can apply for a home loan with discharged bankruptcy.

>> Minimum Deposit

You need to put together a minimum deposit of 20 per cent of the home loan amount. It doesn’t matter if you have a large salary or you have a guarantor. 20 per cent deposit is a must. If you are opting for refinancing, it should be 20 percent equity in the property. Remember that the maximum of home loan with default history is 80 percent of the property value. But, this number can increase if you are eligible for any First Home Owner Grant (FHOG).

>> Additional Fees

You will be required to find money to pay any stamp duty and other costs outside of the loan allocation funds.

>> Sufficient Income

You will need to prove that you have sufficient ongoing income to get non-conforming home loan. Usually, people on pensions or those who are unemployed cannot obtain a non-conforming home loan.

>> Declaration of Debt

Any outstanding debts whether in default or otherwise must be declared and be fully consolidated into your new mortgage and be fully paid out on settlement.

So, these are the criteria for approval on non-conforming home loans. Remember them before you apply with any lender. Quick approval will be yours when fulfil them.

Obtaining non-conforming home loan is a big financial decision. Seek expert advice from Singh Finance and get easy-on-the-wallet home loan solution. The brokerage firm has a team of experts who have helped numerous home buyers with default history. Please call on 0424 190 908 or enquire online now.

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Tue, Jul 1st - 8:50PM

Your Perfect Guide for Investment Property Loans in Australia

For most Australians, venturing into an investment property market and creating wealth through property investment is an attractive investment opportunity. While it may seem easy at first it has become more evident that you will need to leave your emotions out of the decision-making process and concentrate instead on the following important decisions you will have to make:

>> Are you looking at purchasing a unit, house, land or commercial property?

>> Where are you thinking of purchasing your investment property?

>> What is the amount of rent you expect to receive from your investment property?

>> What is the rental history in the area you are looking at buying an investment property?

>> What is the amount of capital growth you expect to receive from your investment property?

Important Reminder: It is very important that you obtain expert taxation and legal advice from your tax accountant, lawyer and real estate agent, in relation to your tax and legal implications.

Do You Have a Suitable Investment Plan in Place?

When it comes to arranging a suitable "Investment Plan", you should consider the many different strategies and borrowing options available to you. Some of which are listed below and which one of our professionally qualified and expert finance brokers will discuss with you as part of our interview process:

>> How much do you want to borrow?

>> How are you sourcing your deposit, (i.e. are you accessing the equity from your existing owner occupied property)?

>> Do you have other investment properties from which you can consider accessing equity?

>> How will you structure your existing facilities while you consider the equity factor?

>> What is your overall serviceability position?

>> How long will you continue to work and when do you plan to retire?

>> In the event that you do retire, how do you plan to repay your plan?

>> What loan protection insurance and other types of insurance do you have in place against any contingencies?

>> What are your current repayments for all other liabilities that you owe?

>> What will be your repayments on the new loan and what is the anticipated rental income from the property you are considering to purchase?

>> Are you able to meet loan repayments in the event that you are not able to find tenants for your investment property immediately after settlement?

>> What will be your Lenders Mortgage Insurance (LMI) premium and are you able to save on this premium by using a collateral property as security?

What Should I Consider Before Buying an Investment Property?

To make your investment property purchase a success, you need to consider buying your investment property:

>> In the right area

>> At the right price

>> At the right time

Once you know exactly the area in which you would like to buy your investment property, you should do a thorough research of the area and get to know if the following trends will impact on your investment property, both now and in the future:

>> Anticipated vacancy rates

>> Comparable sale prices

>> Current rental rates

>> Current and future infrastructure developments

>> Projected population growth

How do I find Suitable Tenants for my Investment Property?

We have provided the following information to assist you in finding suitable tenants for your investment property:

>> The type tenants your property will attract will mainly depend on:

(a) the size of your investment property

(b) the location of your investment property

(c) the condition and facilities of your investment property

>> Once you have weighed up who you consider will make a good tenant and who your investment property will suit. You will need to find a real estate agent who understands your area and will be able to help you with the ongoing management of your investment property and also managing your tenants.

>> It is also very important for you to familiarise yourself with your legal rights as a landlord, so you know where you stand.

What are My Loan Options?

The types of options available for investment property loan are the same as the ones available for owner occupied property loans - you can avail yourself of the same interest rates, options and flexibility. To explore your loan options we suggest you speak to our professionally qualified and expert finance brokers so you can fully understand all the loan options. Some of the more popular loan choices for investors are:

>> Interest Only Loan: This loan allows you to structure your payments, so you are only paying off the interest accrued on the amount borrowed - the repayments are a lot less than those for a principal and interest loan. Many investors are considering an interest-only repayment loan as a very good short-term alternative, rather than choosing a much longer-term standard variable rate loan

>> Split Loan: This loan also known as a split rate loan allows a mixture of security and flexibility (i.e. a portion of the repayments can be at a fixed interest rate, and another portion of the repayments can be at a variable interest rate).

>> Inclusions: Investors have taken advantage of numerous inclusions such as, a 100% offset account and free additional repayments

>> Line of Credit/Home Equity: Investors have taken advantage of the equity they have built in their home by taking a line of credit option

>> Redraw Facility option: This loan type gives you the option of redrawing the additional amount you have made towards the repayment. Be aware there may be an redraw fee for each time you redraw, and it may have a minimum redraw amount

Why Choose Singh Finance?

As with any large financial decision you make. It is always wise to seek expert advice from our professionally qualified finance brokers, before entering into the property investment market, because:

>> We know what the standard requirements for Investment Property loans are

>> We can accommodate a much faster credit decision for you, provided that we receive from you all the required documents as soon as possible

>> We can calculate how much you can borrow

>> We can calculate your interest rate and the monthly loan repayment amount

>> Our team of professionally finance brokers have successfully helped a number of clients with investment property loans

>> We know the numerous lenders credit policies and procedures, as we deal with them on a regular daily basis

While you concentrate on getting your investment property, our team of professionally qualified finance brokers will:

>> Look at your overall financial position, and they will establish an "Investment Plan" and "Budget" for you

>> Eliminate the stress and time it takes in running around trying to find your own finance package solution and at the right price

Can I Arrange a Pre-Approval?

Yes, our professionally qualified and expert finance brokers will provide you with a convenient pre-approval so that you will have the peace of mind knowing that:

>> Your Investment Property loan application has already been assessed by an accredited finance broker and in accordance with the responsible lending criteria

>> Your finance is already pre-approved, and you will also know the conditions of your pre-approval

>> You will have the upper hand when negotiating the sale price with the vendor or real estate agent

Customized Investment Property Loan Solution

Our team of professionally qualified and expert finance brokers, pride themselves on their ability to structure and implement a customized Investment Property loan and insurance package solutions that meets your needs. They will also:

>> Structure your Investment Property loan and your insurance package to suit your individual needs, budget and circumstances

>> Help get you the best Investment Property finance deal you want in the quickest possible time and without the hassle of running around trying to find your own finance

>> Liaise with the lenders to give you the perfect Investment Property loan solution and at the right price

>> Offer you the highest level of customer service

>> Build a strong relationship with you

>> Go out of their way to develop a long term customer loyalty with you as we do with all of our clients

Contact Singh Finance Today

For an obligation free assessment and, to arrange a pre-approval for you, please contact us today on 0424 190 908 or visit our website and select "Enquire Online Now" by completing our "Contact Us" page, and one of our professionally qualified and expert finance brokers will contact you, to make an appointment at a time and place convenient to you.

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