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Athena Home Loans
As Torquay’s mortgage broker servicing the Surf Coast we are proud to represent and offer ‘Athena home loans’ to our clients. Athena has grown rapidly in recent years and like many lenders they have a number of home loan offerings. For example, a basic ‘straight up’ home loan or a ‘power up’ variable loan which…
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The Process of Refinancing
Welcome to the final part of our short 4 part series of blogs and videos on refinancing your loans. In this part, ‘The Process of Refinancing’ we look at what is involved in refinancing your loan. We will keep it brief and to the point but as everyone’s circumstances are different we encourage you to…
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The Mortgage Cliff
Already this year we have helped a few clients avoid what has been referred to as the ‘mortgage cliff’. In short, the term ‘mortgage cliff’ refers to ‘when a borrower comes off a low fixed rate say at 2% and then their repayments jump to around 5.5% (in the current market)’. Recently, we worked with…
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35 Year Loan Terms
Are you aware that some lenders offer ’35 year loan terms’? Of course, we always want you to pay off your loan faster and having a ‘longer loan term’ can lead you to pay more interest over the life of the loan. However, as we all know life can throw challenges and in many cases…
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Cash Back Offers
Some lenders offer ‘cash back offers’ to entice clients to refinance their lending to them. The theory behind these offers is to help new clients to cover the cost of refinancing to them. It may sound like there is a ‘catch’ but generally speaking there isn’t, you just need to be sure you understand all…
