Residential and Commercial Property loans
Buying a home or commercial property can be daunting, but when done right, a property purchase can open new financial opportunities, and save you money through the life of the loan. Our YML Finance professionals guide you through this process. No matter how complex the loan, our experience and knowledge informs our ability to restructure any loan to highlight key factors, and improve the cost-effectiveness and accessibility of your loan. By identifying the structure that is best suited to your unique circumstances, we ensure you can pay off your loan faster. Due to our extensive network of lenders, we match our client’s specific residential and commercial loan requirements with one of varied lenders. The purchase of a home for you and your family is a common scenario, and it is wise to structure the residential loan to cater for you living in the property now as well as the future possibility of turning the property into an investment as you build your portfolio.
Borrowing money to invest in your business will often attract a higher rate from lenders. However, some lenders will extend on your existing property loan with the knowledge that it will be used for your business. This method of borrowing provides a cheaper rate. In most circumstances, YML Finance can assist you in securing Home Loan rates to invest in your business.
Refinancing/ Debt consolidation
The YML Finance team can help consolidate your debts into a single, low-rate, easy-to-manage payment plan. YML Finance also offers a range of refinancing and consolidation loans to clients who are struggling with debt.
Personal and car loans
We have many options available to assist with Car Finance. Whether you’re an employee, or own your own business we can arrange a competitive rate car loan that best suits your needs. Our approval process is fast and easy, getting you out on the road sooner.
Acquisition and gearing of property in Superannuation Funds
Buying property under a SMSF can be a great way to help with your retirement. Changes to the Superannuation laws in 2007 allow you to borrow within your SMSF for investment purposes. It is now more viable for trustees to acquire property as part of their investment strategy. There are significant advantages in purchasing an investment property using your SMSF, however, key considerations also arise. YML Financetakes all options related to your circumstances into account when developing your strategy.
Finance negotiation will assist you to get the best rate loan in accordance to your situation. YML Finance has strong relationships with many lenders as well as the expertise and knowledge to negotiate on your behalf. YML Finance is your neutral partner who is familiar with your finance application and/or business plan and has your best interests in mind. On your behalf, YML Finance will effectively negotiate a payable interest rate, payment schedule, security arrangement, and amount of fees payable. YML Finance will assist you to determine what aspects of the financing arrangement are most important to you (non-negotiable), and what aspects you are prepared to deal on or seek trade-offs (negotiable). YML Finance can also assist you if you are unhappy with your current home loan. We approach your lender and negotiate for a better rate. Alternatively, YML Finance will assist you to find a better deal elsewhere.
Structuring security and borrowers in complex situations
Self-employed individuals, borrowers with multiple properties, and people in other complex situations can often struggle to obtain a loan at a good rate and terms. YML Finance has the knowledge, experience and understanding to assist people in situations such as these. We benefit from working together with YML Chartered Accountants to analyse your Profit and Loss statements, maximising your borrowing power and ensuring you are in the correct structure. Loan structure can influence many things including your interest rates and fees, taxation amounts, loan flexibility, and access to additional finance. YML Finance works with multiple lenders, staying current on the latest programs for complex situations.