Stephen Oreillynugent
Mortgage Broker Thornbury, Preston, Northcote
With more than a decades experience in the finance industry there is one thing that remains consistent ... that is change. Whether that is the banks rules, interest rates or the release of a new loan product, it is important to constantly be up to date.
The most important thing a broker can do for their client is listen. Our responsibility is to understand the clients goals and translate that into a lending solution that is suitable for the clients circumstances today and into the future. Whether you are a small business owner, a home buyer or seasoned investor we focus on your needs and deliver a solution quickly and efficiently, ensuring that at all times you are kept in the loop.
My Goals when arranging finance for my clients:
- Fully understand your objectives in purchasing a property
- Ensure you correctly informed about all the loan options and the costs to you
- Ensure you choose a loan structure that meets your current and future needs
- You understand the principals of saving interest and reducing debt
- You understand cash flow management so your money works hard for you
Our Customers and Their Loans
Home Loans, Investment Loans, Refinancing
Getting your home loan sorted out early can ensure you are in the best position to negotiate for your home on your own terms. And while the home loan application process can seem daunting, it is often simpler than most people think. I have access to home loans from a large range of major banks and secure lenders, and I truly understand home finance in a real estate context.
How do you know you are getting a great deal? Loans are often compared on rate alone with little focus placed on you and what you want to achieve. Purchasing a home will be one of the biggest transactions you will make and the home loan you choose should be the one that meets your objectives the best. Our focus is you and your objectives; we match your needs with the correct loan structure and then the top 5 lending solutions. Our approach means you make an informed decision as to what bank will offer you a great deal for what you want the most.
Through our professional associations we are able to ensure you are dealing with the right professional to answer your every question. From saving tax, to setting up trusts, using superannuation as an investment vehicle and protecting your assets we have the right professional within our business environment to handle every need.
Property Investment
Our solution is end to end. Property analysis always comes first. We invest to make money so our approach shows you how to compare your choices by analysing the cash flow of the properties. Our team all invest in property and we are there to ensure you gain valuable insights into how to assess a property that will meet your needs as an investor. Our solution includes, analysis, finance preparation to settlement, quoting and outsourcing for your additional investment requirements, Risk assessment and management and asset protection.
Stephen your - expertise, support, care to detail, knowledge, professionalism and prompt response to all my questions and moments of doubt, ensured the purchase of an investment property was a smooth and stress free experience. I will highly recommend your services to friends, family and contact you for my next purchase. Thank you!
Maxine S. Heidelberg Heights, Vic.
First Home Buyers
First it is important to ensure that there is guidance and education. The Home First policy applies with all of our staff and everybody here practices what they preach. We all own property and are motivated to help our first home buyers understand how to enter the market for the first time. Again our solutions are end to end, from assessing what finance package meets your needs to completion of all of the necessary paperwork. For some this is daunting, for our team it is a step by step process, we keep it simple, we keep it efficient and we keep you informed.
Getting your home loan sorted out early can ensure you are in the best position to negotiate for your home on your own terms. And while the home loan application process can seem daunting, it is often simpler than most people think. I have access to home loans from a large range of major banks and secure lenders, and I truly understand home finance in a real estate context.
Seeing our home last night was very exciting and as you say, it was also a relief. We are thrilled to be home owners and we have so much appreciation for all your work, knowledge and support throughout the process of making it happen.
Amanda P, Croydon, Vic (May 2011)
Commercial, Agribusiness, Equipment Finance
Our business makes a point of having partners where our clients receive quality service no matter what the need. Just ask and if we can't do it we know someone who can.
Defaults, Consolidation and other Little Problems
Our business has wins for our clients every day. Have you got stuck and need a mortgage mentor and budgeting assistance. Do you have too many credit cards to shake a stick at? Have you signed a contract for a property that the big banks won't finance? We have the experience and skill to find your solution.
Second Mortgage and Private Lending
When there is simply no other option- short term private lending can take the stress from settling that important project or meeting a deadline.
Types of Borrowers Experienced In
We provide services through our network of professionals for clients that have suffered financial hardship. We can help provide you with a refinancing strategy and debt negotiation (at times reducing unsecured debts by up to 95% of the original balance, for un-secured credit cards and personal finance facilities). Talk to me today if you find yourself in a position where you cannot manage your debts or need help reducing your repayments.
An effective alternative to Bankruptcy or Debt Agreements (Part 9 Bankruptcy) as the debts can be repaid at a fraction of their original amount, saving you substantial amounts of Money and providing you with the opportunity to manage your remaining loans at the most favorable rates of interest. This also ensures your Credit Report remains clear of any entries that can affect the ability to borrow.
First Home Buyers
The maximum you can borrow as a first home buyer is generally 95% of the purchase price of the property, only a handful of lenders offer 95% and most lenders will also require that you are an existing customer. Once you borrow greater than 80% loan to value ratio (LVR), you will pay Lenders Mortgage Insurance (LMI). Most lenders will allow you to capitalise the LMI cost on top of the base loan amount if borrowing >80%, most lenders will require that your savings value be a minimum of 5% of the purchase price. By using a Family Pledge facility you can borrow up to 100% of the purchase price, plus the costs; without paying any LMI. Your parents would be limited guarantors to a portion of your loan amount. The limited guarantee can then be released when you pay down your loan or as the property appreciates in value. Guarantees can be released at minimum 90% LVR.
Investors
The maximum you can borrow against an investment property purchase is 95% of the purchase price of the property, once you borrow greater than 80% loan to value ratio (LVR), you will pay Lenders Mortgage Insurance (LMI) and this can be capitalised on top of the base loan amount. You can borrow 100% of the purchase price + costs as long as you have sufficient equity in another property (leverage). Most lenders will require that you demonstrate genuine savings to the value of 5% of the purchase price. This 5% can be held in equity in other property.
As a Mortgage Broker Stephen is an absolute professional. I was a first time property investor, I needed the services of someone who could take me through the mortgage process step by step and explain each in detail, Stephen did this. Stephen constantly kept me up to date with what stage my loan approval was at. Stephen provided a great communication link between myself, and the “financial institution†I went with. Due to Stephen's professionalism, communication, and timely approach my whole mortgage experience was smooth and stress free. I am extremely happy with the result and will be calling Stephen again when I am ready to buy my next property. Sincerely Christopher, Victoria
Refinance, Consolidation, Debt Management
The correct finance structure is vital to saving money each month and reducing your Mortgage we strategise with you to ensure that your loan works in the most efficient manner. For some, this involves paying the home loan off faster; for others it may mean additional loan funds against existing equity for future investment, such as buying investment property.
Chris and myself would like to thank you so much for all you have done (nothing is too much trouble for you and you are so helpful) to help us get back on our feet again and not having to stress about money. It is such a huge relief. Annette and Chris, Victoria
We do not restructure client's loans every few years. We will help you select the loan that you can keep over the long term, and slowly but surely build your portfolio to include your future plans and goals. This will significantly reduce ongoing fees and avoid costly change over's to other lenders.
Defaults and Debt Negotiation
We provide services through our network of professionals for clients that have suffered hardship. We provide a refinancing strategy, Debt negotiation; at times reducing unsecured debts by up to 95% of the original balance, for un-secured credit cards and personal finance facilities. If you find yourself in a position where you cannot manage your debts, together we create a case where your debts can be significantly reduced.
This is an effective alternative to Bankruptcy or Debt Agreements (Part 9 Bankruptcy) as the debts can be repaid at a fraction of their original amount, saving you substantial amounts of money and providing you with the opportunity to manage your remaining loans at the most favourable rates of interest. This also ensures your Credit Report remains clear of any entries that can affect the ability to borrow.
Types of loans you will service:
- Home Loans
- Investment Loans
- Construction
- Low Doc
- Credit impairment and defaults
Stephen your - expertise, support, care to detail, knowledge, professionalism and prompt response to all my questions and moments of doubt, ensured the purchase of an investment property was a smooth and stress free experience. I will highly recommend your services to friends, family and contact you for my next purchase. Thank you kindly
Maxine S. Heidelberg Heights, Vic
- State: Victoria, VIC
- Broker region: Melbourne Central
- Suburbs: Thornbury, Preston, Northcote
- Stephen Oreillynugent provides mortgage broking services in suburbs including but not limited to: Melbourne City, Heidelberg, Ivanhoe, Thornbury, Preston, Northcote, Collingwood, Fitzroy, Abbotsford, Alphington,