WELCOME TO BEST RATE HOME LOANS


WHY CHOOSE BEST RATE HOME LOANS PTY LTD?

 

Independence

Unlike the majority of mortgage brokers, Best Rate Home Loans does not represent one bank, lender or “aggregator” and is entirely independent and free to arrange loans through any number of banks, lenders and mortgage managers. We have no vested interest in recommending one product over another.

Quick

Our business is geared to deliver the fastest possible results. In many cases we are able to obtain “in principle” loan approvals in just minutes. And because of our links to a professional accountancy firm, banks and other lenders are keen to “do the business” ASAP, often smoothing the way for loans that don’t conform strictly to the industry norm.

Advice

A fabulous advantage offered clients in dealing with Best Rate Home Loans is the availability of expert tax and financial advice through Corporate Accountants Pty Ltd to help with making appropriate mortgage choices. Corporate Accountants Pty Ltd is a licensed tax agent and its principal director is an authorized (financial planning) representative of HNW Planning AFSL 225216.

This means that you can seek detailed advice from experts on the tax advantages in buying investment properties. And we can help you frame a livable and security conscious budget as you prepare to purchase your new home or investment property. It also means that your loan application can be supported by cash flow analyses, projected budgets, statements of adjusted earnings, business plans and so forth signed off by qualified accountants.

premium services

  • 1.Debt Consolidation
  • 2.Geared Superannuation Investment
  • 3.Using Properties to Create Wealth
  • 4.Development Funding
  • 5.Bridging Finance
  • 6.Debtor Finance (Factoring)
  • 7.Equipment Finance

contact

You can leave a message using the contact form below.
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
Image CAPTCHA
Enter the characters shown in the image.

Reducing Your Loan Interest Rate

 
 Saving by Reducing Your Loan Interest Rate
How many people do you know who just can’t be bothered with the “hassle” of getting a better rate home loan? I’ve met heaps, have you?

Try our Loan Comparison Calculator for a little experiment. I reckon you’ll find that you’ll save over $42,000 on a principal & interest loan of $350,000 over 30 years if you can find a loan 0.5% cheaper. That’s 12% of the initial loan amount, so why not get bothered and look for a better deal than your current lender is giving you?

Gearing a Super Fund Investment

 
 Gearing a Super Fund Investment
Two things dear to Australians deserve to get into bed together!

There are reportedly 450 thousand active Self-Managed Superannuation Funds in Australia with well over a million members. Many Australians obviously want to run their own investment affairs. And 9 out of 10 Australians will tell you that property makes the very best investment choice.

Now it is possible for your SMSF to purchase a rental property and borrow the funds to do so!

Debt Consolidation

 
 Debt Consolidation
Ever thought about how much you could reduce your monthly repayments if you used equity in your home to pay out your credit card or store card debts?

Let’s compare a principal and interest loan of just $10,000 repayable over 5 years. The interest you would pay at a home loan rate of 7.30% is $1,965.84, less if you get away from the Big 4 banks. The interest you would pay at the cheap end credit card rate of 16.99% is $2,942.55. By using the equity in your home you would save a whopping $2,942.55 over 5 years!

All you have to do is ask!

How does Positive Gearing work?

There are three ways that Positive Gearing works:

  • Instead of a loss, your investment produces a book profit. This is usually because your debt level is fairly low or because your yield or rental income is high.
  • Instead of negative Earnings Before Interest Depreciation & Amortisation (EBITDA), the property produces a positive result. This is a bit of a “con” used by property spruikers: depreciation and amortisation don’t affect the pocket but interest sure does.

Can I use equity in my home to help me purchase a rental property?

Absolutely….Best Rate Home Loans can access lenders which specialize in lending for investment properties at rates at least 0.5 percent lower than the Big 4 banks.

How much capital growth can I expect?

How long is a piece of string? Most commentators say that the value will grow in line with the yield plus inflation of between 2 and 3 percent in most places– 7.5 to 8.5 percent per year. At 8.5 percent, capital growth on a $400,000 property would be $34,000 per year making the property worth $601,462 in 5 years.