About Carol King
I love the Sunshine Coast and living in the most beautiful area of Australia. It is my job to help you secure your first home, investment property or just get the best deal on your home loan. For me it is about offering you choice and real alternatives with your lending and not just a fixed or variable rate.
I know because I have worked for the big banks and I left to pursue real choice in lending for customers and deliver on customer service expectations. I did take with me over 10 years' experience in the finance industry I can help you find the best solution for you and your family.
Everyone is unique in the way they like to do their banking to what they want to achieve in life, so I can tailor your home loan and match it to your goals and help you reach them faster. This is not rocket science but just listening to your needs and values and matching them with what you want to do.
I am passionate about helping our clients obtain the great Aussie dream of owning their own home. But I have the experience and knowledge to recognise how important it is to get the product right, simplify the process and make it a great experience. I believe this can be done by demonstrating commitment to excellence and first class customer service.
I have access to home loans from a wide panel of major banks and secure lenders, and I truly understand home finance in a real estate context. 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.
We were advised to see Carol through a real estate agent and it wasn't until we had spoken to her that we could see the value and difference between dealing with her and our bank. We didn't meet Carol until we signed but we felt like we were part of the process right from the start. We have and will continue to recommend family and friends to see Carol because she makes it easy. We know we are in good hands. Dale, QLD
Home Loan Deposits
Most banks and lenders will require a minimum deposit of 5 per cent of the value of the property you are purchasing, before they will approve you for a home loan. Depending on the lender and your individual situation, you may be able to fund your deposit from a range of sources, including genuine savings, monetary gifts, inheritances and first home owner incentives. However, most lenders will require at least a portion of your deposit to come from genuine savings.
If you don't have the deposit required, you may be able to make use of family equity, also known as a limited guarantor loan. The most common form of family equity is where a family member, offers their existing property as security for a portion of the home loan, generally around 20 per cent.
First Home Buyers
Buying a property can be very exciting and there is a lot to do and time frames to stick too. With your first home I can provide that additional support to make the experience memorable. Buying your first home is exciting and you should have a broker that helps you all the way and understands what an important time this is. I am there for any questions or concerns as they arise with consistent updates and feedback to keep you informed and assured.
Home Loan Pre-approval
Do you want to know how much you can borrow before you buy? I can help you have an approval in place and your finance all sorted before you put in an offer. This can give you a stronger contract and more bargaining power. A pre-approval can also offer you the peace of mind of knowing you can afford your own home or what it takes to make it happen.
Property Investment Loans
Planning on buying a unit, something to retirement too or building a portfolio then I can help. We can look at the structure of your loans to create good debt and I will work with your accountant to help build a strategy that suits you and helps you reach your investment goals. With investment buying it is important to have a business professional on your team, someone who can liaise for you and have your interests at heart and this is a service I provide my clients.
With all this competition and the banks at war why not take the time to make sure you're getting the best deal. Refinancing could save you thousands over the term of your loan and I know whose pocket we'd prefer the money in. It is easy to compare your current loan amongst a number of similar lenders in a short time. This can take the guess work out of wondering if your loan stacks up and put it in simple dollar values. Some clients might think it daunting to refinance and often it can be a case of returning to your existing lender to discuss a better deal and I can help with this.
Debt consolidation can be a handy solution when you are struggling with repayments on several debts, such as your home loan, credit cards and personal loans. Debt consolidation works by combining all those debts into your home loan, which is generally the debt with the lowest interest rate. Because the interest rate is lower, and the loan term is usually longer, your monthly repayments will drop, giving you a bit of breathing space.
Business Loans Commercial Loans
Good business finance is invaluable when purchasing and growing your business. Business and commercial loan options vary depending on whether you are a start-up or existing business. Whether you are buying commercial property, undertaking property development, expanding your business or need some cash-flow funding, assistance from an expert commercial finance broker will be invaluable.
Low Doc Loans for Self-Employed Borrowers
Many self-employed borrowers need a loan that isn't quite standard, mostly because they don't have the full financial history required to get a regular loan. Low documentation, or low doc, loans fulfil the needs of many self-employed borrowers. You'll still need some financial history and paperwork - often about 12 months BAS statements and an ABN that has been active for at least 6-12 months.
Upgraders / New Property Buyers - Bridging Loans
Financing the move from one property to another can be quite stressful, especially if you are yet to sell your home - a bridging loan can help free up the funds that are tied up in your current property to purchase the next one. With a bridging loan, your lender will use both your current and new property as security and lend you enough to buy your new home.
While you are waiting for the sale and purchase process to be completed on both your current and new property, you make interest only repayments on the loan, or maybe even no repayments at all (referred to as capitalising the interest). Once you have sold your old home, the proceeds go towards paying off your bridging loan. The amount left over (known as the end debt) is then transferred to a standard home loan, becoming the home loan on your new property.
A Little About Me
I love living on the Sunshine Coast and this great lifestyle and community we share and enjoy.
I spend my spare time with my family which is my hubby, our two kids and the dog up the beach camping like all the locals. If you want to chat with an approachable local who will listen and help you with your home, whether it's your first or your fiftieth, give me a call anytime.