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Suite
9, 214 Bay Street
BRIGHTON Vic 3186
PO
Box 331
BRIGHTON Vic 3186
Phone: +61 3 9595 0263
or
+61 3 8508 9038
Fax: +61 3 9596 2538
Email: info@citinet.com.au
Ian Marion
Practice Manager
Mobile. 0408 995 661
Email. ian@citinet.com.au
John Fordyce
Mortgage Consultant
Mobile. 0408 225 056
Email. john@citinet.com.au
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| Making Your First Home Loan Easy |
| Buying your first home is an exciting prospect, although a little daunting. After all, this could be the largest purchase you ever make and mistakes can cost you thousands of dollars, or even the house of your dreams. At
Citinet our aim is to eliminate any guesswork on your part. Our consultants can explain to you the features of the different types of loans, as well as explain interest rates, fees and charges, and terms and conditions in a language you can understand. If you have any preference about particular loan features that will suit your lifestyle, then our versatile mortgage software can help identify which lenders and which products will satisfy your needs best. |
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| Refinancing Your Existing Mortgage(s) |
When was the last time you refinanced your home loan? Five years? Ten years? Never? Typically home owners commit to mortgages and then never think about them again, without realising their true cost. With most recurring financial commitments you shop around to find the best deal. Every year you check your car insurance, your health fund, why not your mortgage? Open your home loan for inspection and let
Citinet illustrate the benefits of refinancing a home loan. Refinancing often means a lower interest rate, which in turn either decreases repayments and improves lifestyle, or reduces the term of the loan thus allowing you to own your own home sooner. Best of all, refinancing through
Citinet means that the lenders come to you to offer their best product. There is no running around on your part, we do all the analysis required, at no cost to you, and provide you with a range of suitable options.
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| Explaining the Fees and Charge |
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Citinet will be sure to explain all fees and charges to you, before you commit to a lender. These costs may include conveyancing costs, application fees, monthly service fees, valuation, legal fees and mortgage insurance (if necessary). Now that few people actually carry their loan out to full term their may also be costs involved for early discharge of the loan. Our experienced consultants know all the loop holes banks may throw at you, such as hefty discharge fees for breaking a loan ahead of the fixed rate period with Fixed Rate Loans for example. Whatever the charge
Citinet will explain it to you. |
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| Consolidating Your Finances |
Significant savings are available by bundling all your debts together. Why pay hefty interest rates on personal loans, overdrafts, car loans or outstanding balances on credit cards when you can place it all under one umbrella at the same interest rate as your home loan. It just makes financial sense to do it our way! Home loan rates are significantly lower than those for other loans, take advantage of this and pay less interest. This gives you access to more cash on a monthly basis or assists you to pay off your loan quicker, through a higher loan repayment. Let
Citinet show you how to consolidate your finances and save you years of repayments, shaving thousands of dollars off your interest expenses.
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| Minimise Your Mortgage |
By efficiently structuring your home loan you can drastically reduce your loan balance. Many home loans now allow you to pay your salary directly into your loan. If you combine this with the use of a credit card and cash card to pay your day to day living costs, you will benefit from reduced interest charges against your outstanding loan balance. Mortgage minimization requires a sensible approach to budgeting. This will however, enable you to repay your loan quicker and save yourself vast amounts of interest. To find out how much interest you can save and how many years you can take off your loan, call your consultant who can quickly advise you by utilizing our calculation software
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