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La Verne Capital – Your Stress-Free Mortgage Finance Solutions Provider

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Buying home is one of the most important milestones in everyone’s life. A lot of dreams, aspirations and hard work go into the process of buying a home. Deciding on which type of home to buy is a stressful exercise. · Whether you want to buy an apartment or a duplex? · Which area do you want to live in? · Is it closer to the city? · Is it a safe neighborhood? · Are there good schools nearby? · What should be the budget? But borrowing a Home Loan should be easy and stress-free. Following are some of the tips to help you while borrowing a Home Loan in Australia. 1. Build starter fund to go into the down-payment. It is always wise not to borrow the maximum available loan amount to you. The moment you decide to buy a home, start saving in a starter fund to go towards your down payment. 2. Choose the right type of Mortgage finance solutions to suit your needs. Depending on your current financial expense commitments and your predicti...
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How to Become a Mortgage Broker?

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What is a mortgage broker? At the very basic level, a mortgage broker works for a home buyer to get the home loan or you can say that a mortgage broker acts as a middleman between the borrower and the lender. They operate under a Limited AFS Licence and are certified by the Australian Securities and Investments Commission (ASIC) to advise mortgage products based on a thorough evaluation of a client’s situation. As per the National Consumer Credit Protection Act 2009 (NCCP Act), a broker must not recommend insurance that is not suitable for a customer. Let’s discuss an example, I met with the other person in Melbourne, she was looking for a new home and over a long period of time, she was stuck with the property market and hadn’t had an up to the mark experience with the previous broker from any other company. Any situation of this kind can motivate you to be the mortgage broker. Now, let’s understand the procedure of becoming a mortgage broker. How to becom...
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Location: 7/104 Wigram St, Harris Park NSW 2150, Australia
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How To Do Your Own Financial Planning

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A financial planner is someone who has been hired to help you plan some specific goals like retirement or investments or someone who advises on various financial topics such as taxes, saving, insurance and more. It is always good advice to consult a financial planner before finalizing anything. But you can at least control your flow of money. So let’s see how you can do your new financial planning .   Determine your personal financial goals You should be clear about your future goals. What can be included in financial goals? Planning for retirement, purchasing a home, developing a financial safety net against unexpected disasters or life change- all these can be included in your financial goals in general. (There could be a specific goal too which you have to list down). Determine your current financial situation By defining your net worth you will be able to calculate your assets.   By doing this, you can be aware of your current financial position. And ultim...
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Location: Harris Park NSW 2150, Australia
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What Exactly Does Financial Services Mean?

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Financial Services is a name used to refer to the services offered by the finance market. Financial Services is also the big name used to describe companies that deal with the management of money. Exemplars are the Banks, investment banks, insurance companies, credit card companies, and stock brokerages. These are the types of firms comprising the market that offer a variety of money and retirement investment planning related services. Joint financial services are the biggest market resource within the world, in terms of earnings. Independent financial planner in Sydney can help you get the solution for your requirements. Defining Financial Services can also be termed as, any service or product of a financial nature that is the region under discussion to, or is governed by a measure maintained by a Party or by a public body that exercises narrow or supervisory authority handed over by law. Understanding Financial Services Financial Services or financial strategies...
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Location: Australia
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3 Things You Should Know Before Working with Mortgage Broker

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You’ve narrowed down the hunt to find your dream house, and now you’re on the research for the best mortgage to put those keys in your hand. One way to do it: Work with a mortgage broker who can shepherd you through the complicated lending procedure from start to end.   You’ve probably heard the term “mortgage broker” from your real estate agent or friends who’ve bought a house. But what precisely is a mortgage broker and what does one do that’s dissimilar from, say, a loan officer at a bank?     1) What Is A Mortgage Broker? A mortgage broker acts as a mediator between you and potential lenders. The broker’s job is to work on your behalf with numerous banks to search the best mortgage lenders who best fit your requirements with the lowest rates. Mortgage brokers have a well-developed steady of lenders they work with, making your life easier.    New mortgage brokers are licensed and regulated financial experts. They do all the l...
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Location: Australia
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Key Considerations for Your SMSF Investment Strategy

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So your SMSF Administrator/Accountant now has to use an Independent Auditor and abruptly you are being asked for more than just the 1 page SMSF Retirement Investment Planning Strategy outline is given by the Accountant that you used to sign devoid of filling in the blanks and without taking into consideration its purpose. The motive behind an Investment strategy is required by an SMSF and also required to be reviewed regularly is that personal situations changes as do markets and economies. You need to take into consideration your investment portfolio in the light of these changes and this is a method of prompting you to do so as part of the annual review. Each year we practice a lot of market and political instability with contradictory views on where the economy is headed, foremost to a subsequent impact on share and property markets. 1) SMSF Investment Strategy Requirements According to Craig Day, Executive Manager Technical Services at Colonial First State, truste...
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