The PROVEN way to Increase earning potential

Although its going to sound obvious to astute investors reading this, many people do not refinance yearly – and asses their equity.

Here are some quick facts
1. 83% of investors polled by Property Investment Professionals of Australia use Mortgage Brokers
2. Brokers work on commission, generally 0.65% (+GST) to 0.7% (+GST) of the refinance amount
3. Brokers obtain a trailing commission – 0.165% (+GST) to 0.275% (+GST)

Clearly – a broker in massively motivated to find you a deal better than your current. Our advice is always to speak to a broker every 12 months. You can figure out how motivated by just using your refinance amount – and the above commission figures.

If you have one, or more properties, and you service your payments, you will have multiple banks seeking your custom.

At the same time, they will advise you on your position in equity. If the numbers stack up, QLD and TAS continue to have great long term and short term investment options.

We’re working on find the ‘best’ brokers in Aus. We’ve heard a few nightmares, but mostly good news stories. If you have a broker you love, tag them below and give them some exposure.

Keep me updated with finance news and tips

Sign up for our 7 part Property Investment email course. Learn everything to start investing in property!

    By sending a request you agree to our Privacy Policy

    Are you ready to buy? Talk to an Aussie Mortgage Broker!

    Would you be interested to talk to an Aussie Mortage Broker about finding the right home loan?*

    * Aussie is a trade mark of AHL Investments PTY Ltd. Aussie is a subsidiary of the Commonwealth Bank of Australia ABN 48 123 123 124. © 2018 AHL Investments Pty Ltd ABN 27 105 265 861 Australian Credit Licence 246786. By submitting this form, you agree to the Aussie Privacy Policy.

    Thank you for interest!

    We will send you 7 emails containing all you need to know to get started.

    Articles you might also like