MAIS Finance

It's easy to get it wrong the first time around, so we've put together a list of things we've seen many first home buyers do when they've tried to DIY the home loan process – so you can learn from their mistakes! What not to do when it comes to buying your first property: 1. Overextending yourself on your budget 2. Rushing the decision without proper research 3. Not getting pre-approval before house hunting 4. Ignoring government grants or assistance programs 5. Underestimating other costs like stamp duty and inspections We’ll guide you through every step to make it a stress-free experience. #maisfinance #financeexpert #propertyau #melbournemums #melbournerealesate #homebuyertips #realestateau #melbournehomes

Not feeling confident your home loan application would be approved? Here’s what the lenders look for: - A solid credit score (check and improve it if needed) - Steady income and employment history - Genuine savings for your deposit - Few unnecessary expenses These are just a few factors that make an application stronger and boost your chances of approval. But a word of comfort: we know as well as you that most people don't live a cookie cutter life. Maybe you've got a few blemishes on your credit file. Perhaps you're mid-way through parental leave or you've recently founded a new business. Whatever your unique circumstances, we can help you craft a personalised strategy to make your dreams of home ownership a reality. Get in touch today. #maisfinance #financeexpert #propertyau #melbournemums #melbournerealesate #homebuyertips #realestateau #melbournehomes

If you're running a fairly new business and are keen to buy a home of your own, you may be feeling like the banks either don't want to talk to you or that they simply won't understand your income. In an ideal world, you'd be able to provide two years worth of tax returns, however there are always exceptions. Speak to us to get a clearer understanding of your options. #maisfinance #financeexpert #propertyau #melbournemums #melbournerealesate #homebuyertips #realestateau #melbournehomes

Consolidating your debts – or rolling them up into one – can make things much more manageable, and can even reduce the amount of interest you need to pay. Get in touch if you're feeling your debts are getting the better of you. #maisfinance #financeexpert #propertyau #melbournemums #melbournerealesate #homebuyertips #realestateau #melbournehomes

Budgeting sounds very restrictive, and if you've never done a budget before, perhaps you're putting it off because you expect it to be fun-sapping. But trust us, a reasonable budget will factor in enough frivolous spending to keep life interesting! We know that depriving yourself for too long isn't sustainable. What do you think? Do you budget for fun things, too? #maisfinance #financeexpert #propertyau #melbournemums #melbournerealesate #homebuyertips #realestateau #melbournehomes

It's never a good idea to set and forget on your home loan, which is why it makes so much more sense to use us – rather than go direct to a lender. A lender will generally reserve their most competitive offers for new customers. Not us! We're here to make sure you end up with a loan you can live with now, and for the long-term. Get in touch to find out how we can help. #maisfinance #financeexpert #propertyau #melbournemums #melbournerealesate #homebuyertips #realestateau #melbournehomes

It's a simple demand vs supply equation. Is the property market currently more favourable to people buying or selling? Australia's property market doesn't fit neatly into one category, as there's a lot of variation between regions, and even within suburbs. We also see very different patterns at the higher end of the market versus the rest. Buyer's market: more properties for sale, lower auction clearance rates and potentially lower property prices. Seller's market: fewer properties for sale, high auction clearance rates, higher property prices. In our experience, even the most sophisticated investors can't accurately time the market, but by at least being aware of whether we're in a buyer's or seller's market, you can get a sense of whether you have much leverage during negotiations. Get in touch if you're going to buy property this year. #maisfinance #financeexpert #propertyau #melbournemums #melbournerealesate #homebuyertips #realestateau #melbournehomes

Your home loan repayments are probably the biggest expense in your monthly budget. If you're starting to feel the impact of rising costs of living and interest rates hikes, don't forget you do have options. It could be a matter of: - Switching to a more competitive offer - Tweaking your budget - Working out a plan to increase your income Get in touch for a confidential chat about your options. #maisfinance #financeexpert #propertyau #melbournemums #melbournerealesate #homebuyertips #realestateau #melbournehomes

Debt isn't anything to be scared of. Especially if you're: - Getting fair and reasonable terms - Using the funds on appreciating assets - Able to afford to make repayments Get in touch if you plan to secure some good debt – like a home or business loan. #maisfinance #financeexpert #propertyau #melbournemums #melbournerealesate #homebuyertips #realestateau #melbournehomes

Nothing worth having comes easy. But in the case of buying property, we'll certainly make it easier for you. Get in touch to get started. Let's make it happen! #maisfinance #financeexpert #propertyau #melbournemums #melbournerealesate #homebuyertips #realestateau #melbournehomes