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Posted in Mortgages and Finance
#Everyoneneedsaplan When Guaranteeing a Loan
Posted by Dean McKinnon
on 7 September 2019
Trying to help out a family member or a dear friend by providing your personal guarantee (or offering your property as security) could be very costly at some point in the future, so before putting pen to paper and signing your life away make sure you consider the following:
What is the difference between a guarantor and a co-borrower?
Will the guarantee affect your own borrowing?
Are you providing personal guarantee or your own property as security for the loan?
Make sure you ge...
| Posted in:Mortgages and Finance | 0 Comments |
#Everyoneneedsaplan when navigating through mortgage lenders
Posted by G. Dean McKinnon
on 17 January 2018
Why is it getting more difficult to get a home loan?
It is becomming increasingly more difficult to obtain a home loan - why is this:
The Federal Government is worried that the Australian property market is in a bubble, because home loan interest rates are low and credit is easy to obtain;
The Government uses its banking regulatory body APRA to force banks to make it harder to get property loans in an attempt to cool the housing market.
This article in The Australia...
| Posted in:PropertyMortgages and FinanceInvestment | 0 Comments |
#everyoneneedsaplan for business finance
Posted by G. Dean McKinnon
on 16 November 2017
After a business loan - MCKFS are finance and mortgage brokers
As an accredited member of Plan Australia MCKFS has access to many lenders.
One of our lenders currently has the following on offer for their small business loans (available until 9 December 2017):
Business Essentials Variable Rate of 4.45% pa (residential or commercial security)
One flat establishment fee of $800
Loan valuation fee waived
100% loan offset account
For new bank loans up to...
| Posted in:PropertyMortgages and Finance | 0 Comments |
The Top 5 Tips For Choosing Your Financial Planner
Posted by Dean McKinnon
on 14 October 2015
 "The Top 5 Tips For Choosing Your Financial Planner")
Choosing a Financial Planner or Financial Advisor can be a difficult process, particularly if you have never had any dealings or experience with financial issues in the past, so here are my TOP 5 TIPS for helping you choose the right financial planner for your particular needs.
1. Firstly, you need to determine if you require a Financial Planner, or a Financial Adviser.
A Financial Planner generally differs from a Financial Adviser in that a Planner provides you with a F...
| Posted in:PropertyTaxSuperannuationRetirementMortgages and FinanceInvestmentInsuranceFinancial PlanningSocial Security | 0 Comments |
Top 5 Tips for Financial Planning In Your 50s
Posted by Dean McKinnon
on 7 October 2015
 "Top 5 Tips for Financial Planning In Your 50s")
Uh-oh, the fun-time 40s are over, and the financial-planning 50s have begun!
It's actually not that bad. Your 50s are the time which you can use to fine tune your financial plan that will likely mean you don't have to work any longer. Financial independence is so close you can just about smell the coconut palm trees! So that's got to be good has it not?!
In your 50s, it's time to stop thinking "someday I would like to be financially independent...
It's actually not that bad. Your 50s are the time which you can use to fine tune your financial plan that will likely mean you don't have to work any longer. Financial independence is so close you can just about smell the coconut palm trees! So that's got to be good has it not?!
In your 50s, it's time to stop thinking "someday I would like to be financially independent...
| Posted in:PropertyTaxSuperannuationRetirementMortgages and FinanceInvestmentInsuranceFinancial PlanningSocial Security | 0 Comments |
