RESIDENTIAL HOME LOANS
RESIDENTIAL INVESTMENT LOANS
ASSET FINANCE OR LEASING
LOAN PROTECTION INSURANCE
BUILDING AND CONTENT INSURANCE
LANDLORD PROTECTION INSURANCE
ASSISTANCE IN FINDING POSITIVE CASH FLOW PROPERTIES
ASSISTANCE IN PERSONAL AND HOME BUDGETING
Are you a First Home Buyer? An Investor? or thinking of Refinancing current home loan?
Ask us how to save yourself Thousands of Dollars and Own Your Own Home Sooner!
The following could be appropriate for you. . .
> Mortgage Reduction Strategies
> Offset Accounts / Line Of Credit
> Refinance to a Lower Interest rate/Fixed Rate
> Weekly / Fortnightly repayments
> Up to 95% home loan or 97% with Mortgage Insurance capped for Owner occupiers
> First home Owners Grant
> Family equity options
> Direct Salary Crediting
> Split Loans – Hedge your bets
To find out how we can help you best, MVA Financial Services offers obligation free, no cost, one hour consultation of your current situation in the comfort of your own home. Depending upon your needs, variety of options will be provided to suit you and your lifestyle.
Loan Protection Insurance provides financial assistance in the event of:
• terminal illness
• serious medical conditions
• involuntary unemployment occurring in the first year of cover
The benefit payment can be used for any purpose including paying off or reducing your loan balance or assisting with your loan repayments.
You will benefit from:
> Easy application process
> Competitive prices with flexible payment options
> Fast and easy claims process
> Immediate Certificate of Insurance agreement ( no extra fee!)
> Up to 52 weeks cover for loss of rent after an insured event
> Cover for international damage by tenants when you have buildings cover and/or contents cover
> Up to $10,000 for rent default by tenants
> Legal expenses related to a rent default or theft by tenant claim to a maximum of $3,000.
Debt consolidation is done when you take out a loan to pay off your other loans usually for credit card debts and personal loans. Doing this enables you to secure a lower interest or even get a fixed interest rate on your loan. Commonly done for the practicality of being able to pay off a single debt instead of many, this means you are able to pay it off sooner rather than later so you do not incur any more interest on the loan.
SELF-MANAGED SUPER FUND
The Self Managed Super Funds Loan (SFHL) is designed to provide loans to authorised Australian Self-Managed Super Funds (“SMSF”) for the purpose of purchasing residential investment property.
The borrowing structure involves a loan to an SMSF Trustee with a Security Custodian purchasing the residential investment property on behalf of the Super Fund. This Security Custodian, which must be a limited liability company, then holds the property as an asset in trust for the Super Fund, which has the beneficial right (but not the obligation) to acquire the underlying asset at a future date.
The loan is secured against the investment property and while the loan is ideally self-servicing from the rental income derived from the property, servicing may also come from any other income received or assets held by the SMSF Trustee.
The target market is Superannuation Industry Supervision Act (SIS) complying personal Australian Self Managed Superannuation Funds that are allowed to and wish to utilise debt for investment purposes.
The customer benefits include:
• Diversification of possible investment strategy to include direct property acquisition
• Flexible repayment options supporting continued investment diversification
• Potential to accelerate wealth accumulation
• Potential for improved returns
• Gearing & Capital Gains Tax benefits may be realised (independent financial advice must be sought)