Rakesh Gupta
Mortgage Broker Point Cook, Hoppers Crossing, Werribee
Buying property is one of the most exciting but stressful transactions you will make in your lifetime; I provide a professional service as an experienced mortgage broker to help relieve the stress of finding the right home loan for your purchase. I work closely with your real estate agent and solicitor or conveyancer, to make sure your property purchase proceeds smoothly. I will also ensure you are kept up-to-date with the home loan approval process, guaranteeing peace-of-mind.
I enjoy meeting and helping many new potential clients, whether they are first home buyers or investors, and with my strong customer service background combined with good listening skills and problem solving abilities, I can easily assist you to find a lending solution to suit your situation.
I can assist with:
- First home buyers
- Commercial properties
- Investment loans
- Refinancing
- Debt consolidation loans
- Construction loans
- Lo Doc Loans, Self-employed
- Non conforming loans (e.g. adverse credit history)
- Deposit Bonds
Memberships and Qualifications
- MFAA Member
- COSL Member
- Masters in information System, University of Ballarat
Business networks
I have many professional relationships with trusted real estate agents, accountants and conveyancers, so always let me know if you need a referral and I will ensure you are looked after by some of the best professionals in the business.
First Home Buyers
Many first home buyers are new to the Australian property market and they aren't sure how much money they can borrow and what that might relate to in a weekly or monthly repayment. I always suggest to all my clients, including first home buyers, that's it is a good idea to secure a home loan pre-approval at your maximum budget for clear vision of your situation. I can help my clients with applying for first home loans and the First Home Buyers Grant, and ways to reduce stamp duty. I am always available on mobile to help ease stress or answer queries.
Investment Loans
Investments loan can be very complex if multiple securities involved and there may be a lot of options available, regardless of whether you are an experienced investor holding multiple properties in portfolio or new in investment market. I work with new and experienced investors and thoroughly understand their investment property loan requirements. I work closely with their accountant to understand their tax objectives - the aim of good rental returns as opposed to capital gain may affect the loan type required.
Low Doc Loans for Self-Employed Borrowers
Low documentation or low doc home loans are suitable for self-employed borrowers, but they may be more expensive because self-employed borrowers may be considered a higher risk to banks.
Refinance, Restructuring and Debt Consolidation
If you're stressed with existing secured and unsecured debts, there may be some ways to get relief. I have helped many clients by just restructuring or refinancing their existing loans. Another reason you may be required to refinance or resturcture existing mortgages is if you are intending to invest in property and want use existing equity. If you believe refinancing may be the answer for your needs, it worth talking to me.
Lenders Mortgage Insurance(LMI)
Banks or Lenders ask customers to pay a Lenders Mortgage Insurance (LMI) premium if they borrow more than 80% of the value of the property, generally as a one-off payment. The LMI premium may differ from bank to bank and may make a huge difference in your loan amount. There are lot of strategies that can be used to minimise or avoid paying an LMI premium.
Customers
I generally work around Altona, Footscray, Hoppers Crossing, Laverton, Point Cook, Sunshine, Truganina Tarneit, Werribee, Wyndham Vale, but as I am mobile, this is not a restricted list.
Rakesh is a very friendly and helping person. His advice regarding the bank loans is simply superb. He spent enough time to explain about different loan products and their benefits and disadvantages. Rakesh got me the 'loan' that suits my budget as well as convenience. Even after I got my loan, Rakesh contacted me few times to know if I was satisfied with his recommendation. That's really a great customer service. I wish him all the best in his future endeavors.Emmanuel Choudhury
- State: Victoria, VIC
- Broker region: Melbourne West
- Suburbs: Point Cook, Hoppers Crossing, Werribee
- Rakesh Gupta provides mortgage broking services in suburbs including but not limited to: Altona, Footscray, Hoppers Crossing, Laverton, Point Cook, Sunshine, Truganina Tarneit, Werribee, Wyndham Vale