It’s all about the right advice for you

Buying a house is one of the most important purchases you will make & can be very overwhelming.

When you find the perfect home, we will talk you though the whole process, determine your borrowing capacity, clearly list out the costs associated with purchasing your property, highlight any grants you may be entitled to and work with you to develop a budget to make sure you are 100% comfortable with the monthly repayments and other outgoings. We will teach you how to buy protect and keep your home in all circumstances.

We will also assist you with negotiating, all the conveyancing and insurance side of your purchase. We want to work with you through all aspects of your purchase and application from your decision to purchase through to getting the keys and thereafter.

There are a wide range of providers and mortgages across the market providing a vast selection of mortgages to choose from and remember you are not limited to products aimed at first time buyers.

So, rather than trawling the high street and agonising over your choice, save time and money, by contacting us and getting the very the process underway.

If you’ve purchased a home before, you’re past experience will mean you already know how quickly property values, interest rates and lender policies can change so you’ll already appreciate what we can do for you.

No doubt your financial situation, your life goals or your property plans have changed. We can offer invaluable insight and advice and make sure you will be well-informed and well-prepared for your next purchase.

At Milestone Mortgages, we will give you a clear picture of your borrowing capacity, take you through buying and selling fees so you know exactly where you are and make a big impact on your power to negotiate.

Your mortgage may have been the best deal for your circumstances at the time but is it still performing as well as it could? It never hurts to have a quick mortgage health check to make sure you are getting the best deals. Quite possibly your property may have gone up in value or you are stuck on an old deal that is just not working for you anymore.

As your situation changes over time, it’s important to regularly review your mortgage arrangements. Perhaps your income has changed, your family has grown or your credit card debt is proving unmanageable. Or perhaps it’s time for that long-awaited renovation. The process of reviewing your home loan can provide significant savings. Isn’t it time you gave us a call?

Some of the situations where you may consider refinancing your home loan include:

• You may wish to secure a lower rate to reduce your monthly outgoings?
• You may wish to release equity to consolidate your loans or credit cards to reduce your over all monthly outgoings and regain financial control
• Maybe you wish to improve your home, go on that luxury holiday or do something for the kids.
• You may wish to unlock some equity to buy and investment property or other major financial commitment

Weigh up the benefits

As you investigate your refinance options, remember there may be costs involved in paying out your existing mortgage loan, and establishing a new one. When we complete a health check, we ensure that the benefits of refinancing far outweigh the associated costs of paying out your existing loan to establish a new one. You’ll feel confident you’re getting the best deal possible and are on track to achieving your financial goals.

Building, extending and/or renovating your home is exciting and allows you to have exactly what you want in your home and add value to your asset. You can achieve your own tastes and desires and get more build for your buck, as building can often be cheaper than buying an established home.

If you have held a property for a few years, chances are your property has increased in value. This means you can tap in to this equity by refinancing, releasing cash to build, extend or renovate and to add value to your home.

At Milestone Mortgages we know how important is it to have the right finance. Renovating can be simple and straight forward and often does not require any special permissions, however adding an extension will have different requirements and will fall under the financing category of property improvement which will need a more specialised lending approach as there will be the involvement of councils, certifiers and builders. Whilst adding an extension is normally straight forward, a complete new build can be even more complicated and times consuming and requires a more specialised loan process so that drawdown of funds can be arranged effectively to meet the builder’s time demands.

At Milestone Mortgages, we have a range of lenders we can work with the assist you to get your renovation, extension or build under way. We can offer competitive products with great facilities, ie lines of credit, offset facilities and redraw facility which can help to keep your build, extension or renovating on time and on budget.

For many Australians buying an investment property has long been considered a path to a secure & financial retirement. Buying an investment property can generate capital growth as well as a passive rental income. With Australian real estate delivering impressive returns over the past few years, investing in property can represent a solid long-term financial plan.

Investing in property may be:

• Tax effective
• Enable you to leverage your equity to increase potential gains
• Allow you diversify to compliment your superannuation

At Milestone Mortgages we specialise in planning for investment success & wealth creation.

We can help you assess your current financial situation, including what you can realistically afford to spend, and provide guidance on what you should be looking for in an investment property

Don’t just assume you need a deposit, many banks let you use the equityin your own home to secure the entire cost of purchasing your investment property.

We will help you determine if you need is cash positive investment that provides high rental returns, of if strong capital growth is your priority. We can give you lots of tips on where to gain information and talk you through the investment strategy that works best for you.

So give us a call today and tap in to our knowledge through our free information session.

Development finance
We have access to a number of lenders that fund developments, and we know that each development scenario is different. In the right set of circumstances, Some lenders will allow interest to be capitalised on the understanding that the loan and interest will be repaid on the sale of the asset. Presales are also a key factor when it comes to development finance.

Investing in commercial property
Residential and commercial properties are attractive investment opportunities but do work a little different so its important for to know how residential and commercial rentals differ so you can decide what’s appropriate for you.
You should consider your short and long-term investment goals, your deposit situation and whether a short or long term lease arrangement suits you best.

You should consider that

• Commercial tenancy or lease periods are usually longer than residential ones, with agreements often lasting several years. They offers good income security for investors, but may mean less flexibility.
• Commercial tenants are generally responsible for all maintenance costs, rates and repairs to the property. It is the landlord of a residential property who is typically responsible for property maintenance.
• Commercial investments generally have higher deposit requirements. Where residential deposits are usually 10-20 per cent, commercial deposits can be up to 30%.

• Retail/Shops
• Industrial
• Business overdrafts/ Equity Lines
• Leasing/Hire Purchase
• Franchises
• Property Developments

With more than 2 million small to medium businesses operating Australia-wide, Australia flourishes in the small business sector. Traditionally, accessing finance options has been difficult however more recently we have seen a move towards a growth sector and lending is becoming more available.

Commercial lending requires a more tailored packaged which directly suits the client and their business, with pricing rarely set in stone. Finding the right lender for your commercial purchase requires a great deal of knowledge and understanding of the commercial lending.

At Milestone Mortgages, we understand that to run a successful daily operation you need an uninterrupted capital supply and flexible lending that allows your business to keep running smoothly and keep it growing. Commercial lending can often be a very viable solution for many small to medium size business owners.

Starting or developing a business will need some form of investment. Whether you need an overdraft or line of credit to improve cash flow to buy an equipment to improve your production, to finance a property development or buy a vehicle for a more efficient transportation, you will need the services of Milestone Mortgages to ensure you end up with the right Business Finance Solutions.

We will liaise closely with you, the business owner, to ensure you understand your business needs goals. Often we ask to see a business plans, personal and business financial statements and obtain information regarding collateral and assets.

Once we’re equipped with a business’s relevant information, we help you prepare a business profile. A business profile provides lenders with relevant information about your business, including information regarding the company’s annual sales, a profit and loss statement, details about recent ownership, the type of business, number of employees etc.

We can help you arrange finance if you are:

• Purchasing an existing business,
• Starting up a new business,
• Expanding your existing business, or
• Providing working capital for your existing business.
• Debtor/inventory funding
• Motor vehicle financing
• Equipment/tool/plant equipment financing
• Business property financing

Milestone Mortgages can provide you with creative solutions for your commercial loans and business needs. We understand the importance of structuring a loan so that the repayment of debt matches the cash flow of the business. We consider your existing repayment obligations to be able to provide you with a pocket-friendly repayment scheme.

If you think that a traditional commercial loan is not right for the business you run, we offer you with a range of other alternatives to be able to finance your business needs. Our loans are tailored according to the desires of our clients.

Equipment Finance
Need equipment to help your business grow? Better equipment financing means better business. At Milestone Mortgageswe can also assist with equipment finance for a wide range of assets including vehicles, farm machinery, and construction industrial and office equipment. We can work with our finance partners so that you can choose to finance these instead of having to eat into your cash flow.

Why finance your business assets?

• Preserve your working capital
• Fixed rental payments
• Tax benefits
• Keep up to date with equipment and technology
• Short term rental options available

We can help you borrow to buy or lease assets for your business. The 4 main products used for equipment finances are:

• Hire purchase. You hire the equipment until you make the final payment, at which point you own the asset.
• Chattel mortgage. You own the asset from the start and the lender takes charge over the asset.
• Operating lease. The lender owns the asset and leases it to you.
• Novated lease. The lender owns the asset and your employer pays rental payments.

Who is eligible to apply?

• Anyone who runs a business with an ABN can apply for funding. The application is is easy and takes just a matter of minutes.

It’s invaluable expertise and sound advice that saves you time, stress and money.

Given that 17% of the Australian population (around 2M) are self-employed, it seems illogical that it remains a struggle to secure a mortgage with self -employed income. We understand that being self-employed you will have your own unique business circumstances.

In the bank’s eyes, self-employed individuals are less likely to have a regular and stable monthly income compared to those who are employed and as such will look at self-employed income in various ways. Some will look at salary plus dividends whereas others will look at net profit or net profit plus salary, yet others will take 1 to 3 years’ worth of accounts or calculate an average instead.

However, the good news is, the assessment of mortgages for self-employed clients has improved greatly – and this is where it is important to have a good broker to support your application to the lender. At Milestone Mortgages we are fully committed to working with our clients to obtain flexible and suitable lending, whichever the circumstance and are fully invested in tailoring your application for a self-employed mortgage in the most effective and transparent way.

Car Finance

After a smart lease or loan for your new car? We can offer you exceptional car loan rates for both personal and / or business use.

We can offer the right car finance at a better rate. We will listen to your specific needs, help you understand your car finance options, show you how leasing and buying compare, compare options from a panel of highly competitive car finance lenders & find you the right loan at a great rate (usually less than the car yard)

And if you haven’t found the perfect vehicle yet, we can arrange loan pre-approval, so you can hit the car yards with a firm figure in mind.

We source loans for all types of vehicles so contact us today, and we’ll steer you in the right direction!

Personal Loans

• Debt Consolidation
• Holidays
• Emergency household repairs

There are times when you will find yourself in immediate need of cash. Credit card bills, and unexpected expenses can catch us by surprise. Consolidate your debts or fund your purchases into one easy to manage payment by undertaking a short term personal loan.

Our personal loans are tailored to your needs, lifestyle and budget. You’re in control, so you’ll always know what your repayments are as we design the loan to meet your needs.

We will look closely at your financial situation and figure out a way to make repayment as easy as you need it to be. And you can use the money for whatever purpose you wish.

Whether you need the funds for debt consolidation, home improvements, travel, education costs or medical expenses we’ll get you a great personal loan deal every time!

We understand that you want the money quick, so we make the process easy for you. And we can do it fast! We have access to lenders who can arrange same day approvals so get in touch with us today so we can start processing your loan immediately and relieve some of those financial stresses.

• What if I get sick?
• What if I have an accident?
• What if I can’t work again ever?
• What happens if I get diagnosed with a serious illness or am made disabled?
• What happens if I die?
• What happens to my business if something happens to me?
• How can I protect my Home & Contents?

If you think that insurance is a waste of money, think again…. Very carefully…….
At Milestone Mortgages, we know that sometimes life can take an unexpected turn. If the unfortunate happened, what would you do? How would you meet your loan repayments and meet your day to day living commitments? Do you have savings to rely on? Would you family help? Would you need to sell and asset or your home? We’d all like to think our loved ones would be looked after if something happened to us, but we also know it may cause a financial burden.

At Milestone mortgages we have a wonderful range of products to ensure that have peace of mind no matter what happens. We want to ensure that you and your assets are always protected and ensure that if the unfortunate ever happens…. we know you will ok!

We understand that you’ve worked hard to have what you have. This is why Milestone Mortgages offers a variety of insurance plans to give you the security you deserve. We know that an essential part of any sound financial plan is insurance. Needless to say, it is important to protect your valuables, investments, assets and even yourself in case any unexpected incidents occur.

For a small monthly premium, our insurance options take away the risk of unforeseen losses& gives you, your family peace of mind and security for your investments. Choosing the perfect insurance policy one can be challenging, but with our help, we can help you weight up all the options, benefits and cost and make the right choice just for you. Making sure you are fully protected allows you to borrow confidently knowing that you are ready for whatever life throws at you & helping you to hold on to what means most to you.

The complete picture:

At Milestone Mortgages we can recommend a mix of insurances appropriate to your circumstances and the financial needs of your dependants. We will sit down with you and look at your lifestyle and your circumstances. We can help you determine the level of cover you would need by looking at your debt, living expenses, education fees, savings and investment goals. By researching all the insurance companies and all their products we can then recommend the best insurance mix for you.

If you’d like more information on any of these types of insurance – then speak with us. In many cases we can help arrange a policy for you.