Finance can be so tedious until you realise it could mean more money in your pocket. But how?

Owner-occupied home loans are available for borrowers who plan to live in the home that the loan is required for. An owner-Occupied loan can get you a lower interest rate than an Investment Loan

A 2018 Australian Competition and Consumer Commission (ACCC) report showed that new borrowers with an average-sized residential mortgage paid up to $850 less a year in interest than existing borrowers with the same lender.

For many, matters of personal finance are so dull and/or difficult, they are immediately filed in the too-hard basket. But it doesn’t have to be this way.

An MFAA accredited Symphony Financial Services finance broker can assist you with all your owner-occupied loan needs.

Investment Loan pre-approval is an important process because it informs you about barriers you can encounter when you seek to arrange finance for buying an investment property.

Getting a pre-approval can give you the confidence you need to make a sound investment decision.

Certain lenders can be restrictive in the terms and conditions they attach to loan approvals for buying an investment property. The location of the property could impact the amount you can borrow from a lender – and it’s important to remember different states have different fees and taxes.

When you're confident you’ve identified a suitable investment property, Symphony Financial Services Mortgage Brokers will be on hand to support you to get an appropriate loan for your needs.

Symphony Financial Services can play a vital role in assisting our clients with the process of ensuring their mortgage is competitive.

Symphony Financial Services finance brokers are just a phone call away and are ready to guide you through the task of refinancing your loan.

Lenders regularly try to ‘win’ new customers by offering low rates. It is a great acquisition strategy. But while a number of lenders offer lower rates to new customers, it’s not always so simple for existing customers to secure the same outcome.

But you can always contact a Symphony Financial Services finance broker and refinance with a lender who is hungry to win your business.

Symphony Financial Services have access to more than 40 lenders and this creates competition amongst lenders. Symphony Financial Services finance brokers are also in a position to offer you a more in-depth and customised level of service. This can allow us to find our customers a mortgage product that may suit their current needs, wants and circumstances.

If you are thinking of building your own dream home, you will need to be familiar with the ins and outs of construction loans.

Construction loans are just not as straightforward as simple home loans. There are additional decisions to be made about the structure of the loan, additional documentation is required and the funding is released in an entirely different way.

In addition to documentation about your finances, income and identity, your application for a construction loan needs to include contracts or tenders for the construction, as well as the plans so that a valuation can be performed.

Further documentation will also be required before the first progress payment is made from the lender to the builder, including a schedule of the payments to be made (called drawdowns), the builders’ insurance details and the final plans that have been approved by the local council.

An MFAA Approved Symphony Financial Services Finance Broker has the expertise to find you the construction loan that best suits your needs.

Securing finance is imperative for a business’s prosperity.

While Small and Medium Enterprises account for 97 per cent of Australian businesses, it can still be difficult to make a case to a bank when looking for finance to start a new business or invest in the growth of an existing one. The good news is that applying for commercial finance through a bank is far from the only option.

Talking to a business and commercial finance broker means gaining access to myriad finance products and loan types, as well as expertise in matching your needs to the right loan type. An experienced finance broker can take a broad view of a business’s finance, assist in business planning, and use their deep knowledge of a client’s needs to look beyond a simple ‘lowest interest rate’ formula in selecting a finance product, ensuring that business owners have access to the capital they need, when they need it.

MFAA accredited Symphony Financial Services finance brokers can assist with business planning and finding the right type of finance to support growth and success.

For some years, Self-Managed Super Fund members have been able to invest in residential property, as long as they follow strict guidelines.

The first step is to have a discussion with an expert to determine whether investing through an SMSF is the most appropriate approach to property investment given your personal circumstances.

The maximum borrowing within an SMSF is normally 80 per cent of the property value and it’s important to take into consideration that there is a cost to establishing and maintaining your SMSF, as well as subsequent fees and charges involved in the purchase of the investment property.

Thinking of seeking a SMSF loan to invest in property through an SMSF? Speak to an MFAA accredited Symphony Financial Services finance broker.

Financing, rather than buying outright, enables businesses to take advantage of two key benefits: greater control of cash flow and working capital, as well as various tax benefits.

Going down the financing route can be cost-effective, and with expert advice it can also be pain-free when it comes to paperwork.

What’s more, with interest rates at all-time lows, the decision between paying cash and financing business assets should be an easy one. Of course, there are many different types of finance, each offering different tax benefits, as well as the luxury tax threshold to consider, so expert tax advice is strongly recommended.

An MFAA accredited Symphony Financial Services finance broker specialise in commercial and equipment finance, and can make Asset & Equipment finance simple.

A car loan is a personal loan for buying a new or used car.

You have to repay the loan and interest over a fixed term, usually between one and seven years.

If you borrow through a car dealer, they'll typically send your details to multiple lenders to see where you qualify. Symphony Financial Services finance broker can apply directly with one lender on your behalf and get a competitive rate quote before submitting your car loan application. Using your car as security, you can borrow at a much lower interest rate.

A personal loan lets you borrow money to pay for something special, like a holiday, car or home renovations. You borrow a specific amount and make regular repayments to your lender. There are two different types of personal loans that can be taken out:

• Secured Personal Loans
• Unsecured Personal Loans

Symphony Financial Services finance brokers can source out a suitable personal loan to fulfil our clients’ needs.

If it’s a ridiculously difficult deal to put together, with no banks wanting to touch it due to not having the appropriate documentation or being outside LVRs, then private funding would be an option.

Private funding is when individuals lend generally through a trust account. While it can be a little more costly than the average business loan, it carries the advantage of flexibility.

We strongly recommend you speak to a Symphony Financial Services finance broker who has experience in private lending.