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Community

Smyth Loan Co is a community-oriented financial institution that actively participates in supporting local clubs and charitable causes.

One of our notable initiatives is the sponsorship of the Lauderdale Yacht Club, a non-for profit sailing club situated on the idyllic Frederick Henry Bay in South Eastern Tasmania.

Smyth Loan Co is committed to promoting an active lifestyle and healthy way of living, encouraging its employees and clients alike to participate in regular sporting and recreational activities within the community.

We assist Lauderdale Yacht Club with sponsorship, helping to cover various expenses and maintain its facilities, ultimately contributing to the overall growth and well-being of the club’s members.

In addition to supporting local clubs, Smyth Loan Co demonstrates its social responsibility by donating a portion of its net profit to charities. Specifically, the company donates a percentage of its net profit to the Cancer Council, a well-known organisation dedicated to cancer research, prevention, and support for those affected by cancer.

We are a caring organisation with a concern for health and wellness issues within the community. We hope to contribute to additional initiatives or charities like this and wish to make a positive impact on people’s lives.

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Refinancing is when you replace your current home loan with a new one, usually to get a better deal. It can help you lower your interest rate, reduce your repayments, or access features like flexible payments or an offset account. You can also use refinancing to tap into your home’s equity for other financial needs.

Interested? Contact us to learn more about your refinance options!

#MortgageBroker #Refinance #HomeLoan #Refinancing
Aussie home values went up 0.4% (on average) in September… so let’s take a dive into what’s happening in each capital city:

• Sydney: 0.2%
• Melbourne: -0.1%
• Brisbane: 0.9%
• Adelaide: 1.3%
• Perth: 1.6%
• Hobart: -0.4%
• Darwin: 0.1%
• Canberra: -0.3%

If you’re planning to buy, call us and we’ll talk you through what it means for you! 📞

#MortgageBroker #HousePrices #FirstHomeBuyers #HomeValueIndex
🚨 The Reserve Bank of Australia has just announced their latest update for 2024. 🚨

The cash rate remains on hold once again this month at 4.35%.

It looks like we won’t see a reduction in the cash rate (or interest rates) for some time yet. If you’re feeling concerned about the current interest rates, you can always reach out to us to discuss your options! 📞

#Finance #HomeLoans #HomeLoan #Mortgage #RealEstate #RBA
📉 Regional Property Market Update 📉

CoreLogic’s latest update highlights a deceleration in regional property values, showing a modest 1.3% increase last quarter, compared to 1.8% in metropolitan areas.

If you're looking to buy, sell, or invest in regional properties, we can help you navigate the complexities of a shifting market.

Let’s discuss your next move! Reach out to us today! 🏡📞

#RegionalMarket #PropertyTrends #MortgageExperts
Thinking about transitioning from renting to owning your business premises? The advantages are worth considering:

1 - Location Security: Owning your property ensures stability and eliminates the risk of eviction, allowing you to establish a permanent base for your operations.

2 - Wealth Building: Investing in your own premises contributes to your long-term financial growth by building equity and creating a valuable asset for your future.

3 - Tax Benefits: Property ownership may offer significant tax advantages, including deductions on mortgage interest and depreciation.

While buying your business premises is a major financial commitment, it can be a strategic move for your business’s future. Reach out to us today if you’d like to chat with a professional broker to help you make it happen!

#MortgageBroker #BusinessOwners #Finance #PropertyInvestment
Don't let confusing finance lingo hold you back! 🏠💼

Understanding key finance concepts such as serviceability buffers will help you better understand how lenders assess your ability to handle future financial changes when applying for a home loan.

Ready to empower yourself with financial knowledge? Hit follow today!

#LoanLiteracy #FinancialEmpowerment #SmartBorrowing #ServiceabilityBuffer
🌸 Spring Buying Checklist 🌸

With more properties hitting the market as the days get brighter, it's crucial to be prepared. Here’s your checklist to ensure you're ready for the selling season:

1. Budget Check: Is your budget in order? Know what you can comfortably afford before you start house hunting.

2. Savings Schedule: Are you regularly saving to show lenders you can handle mortgage repayments?

3. Deposit Ready: Do you have a deposit saved?

4. Pre-Approval in Writing: Have you secured your pre-approval? It’s essential in today’s market.

5. Understand Conditions: Are you familiar with the conditions of home loans and the difference between fixed and variable rates?

6. Rate Preparedness: Will you be ready if rates continue to rise?

Let’s make this spring your season to secure that dream home! 🏡

#MortgageBroker #SpringSelling #Spring #HomeBuying
Aussie home values went up 0.5% (on average) in August… so let’s take a dive into what’s happening in each capital city:

• Sydney: 0.3%
• Melbourne: -0.2%
• Brisbane: 1.1%
• Adelaide: 1.4%
• Perth: 2.0%
• Hobart: -0.1%
• Darwin: -0.2%
• Canberra: -0.4%

If you’re planning to buy, call us and we’ll talk you through what it means for you! 📞

#MortgageBroker #HousePrices #FirstHomeBuyers #HomeValueIndex