Loan Market Mortgage Adviser servicing Mackay, Whitsundays, Coalfields and surrounding suburbs
About Cheryl Gilbert
My approach to helping you secure the right home loan for your finance needs is looking beyond the loan in front of me and taking the time to find out your long-term plans and finance goals.This enables me to help you structure your loan so that it not only meets your current finance requirements, but has the ability to service your future goals. Getting the right loan structure up front can save you thousands of dollars if you up-grade, down-size, add an investment loan or have substantial life changes while the loan is in place.
With my experience as a qualified Financial Planner, I am happy to work in conjunction with your existing advisers to make sure your loan structure is right for your finance needs from day one.
In the time I have been with Loan Market, I have approved and settled many home loans which have helped people just like you achieve their property purchase goals. I provide a fully mobile service which mean I can meet you at a time and place that is convenient for you and I can lodge your application with the lender on-line in your home, which can in certain cases provide a response to your application within minutes!
I also offer consultations by phone or email, to suit your needs.Queenslandhas a wonderful climate and many beautiful places to live, so it's no wonder many borrowers are relocating from other parts ofAustralia. Often, relocation requires access to equity in existing properties via an equity loan, to enable you to purchase your new home in a new state.
Tax and Loan Structure
Getting the right loan structure for your finance needs to take advantage of tax efficiencies when there is more than one property held is a common request, so I work with you to determine you goals and requirements and find a competitive home loan solution for your move. One reason for my success is that getting your loan means just as much to me as it does to you. I maintain contact with you throughout the process of obtaining a home loan and keep you updated about the progress of your application at least twice each week. With your permission, I also pass this onto the selling agent, so they are kept informed as well. By keeping everyone informed, it takes the worry out of the home loan process.
Structuring your Home Loan for Now and the Future
I look beyond the loan in front of me and take the time to find out your long-term plans. That enables me to get a loan structure that will not only get you the loan you are after today, but a loan that will also meet the plans that you have for the future. Getting the right loan structure up front can save thousands of dollars if you up-grade, down-size, add an investment loan or have substantial life changes while the loan is in place. This is assisted through my access to a fully qualified Financial Planner, or I am happy to work in conjunction with your existing advisers to make sure your loan structure is right from day one.
Non-residents, Expats and Foreign Investors
With the shortage of skilled labour in the mining and construction industry, I regularly assist non-resident buyers. The process can be quite different to overseas purchases and finance, so I explain stamp-duty, types of loans available and Foreign Investment Review Board (FIRB) requirements to make sure you are confident each step of the way.
Relocating to Queensland
Queensland has a wonderful climate and many beautiful places to live, so it's no wonder many borrowers are relocating from other parts of Australia. Often, people relocation require access to equity in existing properties via an equity loan, to enable them to purchase in their new state. Getting the right loan structure to take advantage of tax efficiencies when there is more than one property held is a common request, so I work with you to determine you goals and requirements and find the right home loan solution for your move.
First Home Buyers
Buying your first home should be an exciting experience, but it's much easier to be relaxed if you have the information and help you need right from the start. I help first home buyers understand not only their loan options, but the whole home buying process. This includes everything from the initial home loan consultation and what to do when signing a contract, to what happens at settlement. Understanding your first home buyer grants and entitlements is also essential, and I will help you complete all the paperwork involved in securing these.
Smart Investment Finance Solutions
A big part of property investment is getting the right financial structure to maximise your returns and minimise your outlay. This type of finance can be quite complex, particularly when there is more than one property involved.
A recent example of successful investing: A client with a substantial deposit who was going to purchase a home to live in while his main home was being built on land purchased 6 months earlier. The home they were buying was then to become a rental. Rather than use the deposit and borrow the minimum amount needed, I showed the client the benefits of using the land as security and borrowing the full amount for the purchase, keeping the deposit in an offset account.
Result: This allowed the deposit to be used for the construction, leaving my client with minimal debt on their owner occupied home and tax-effective debt on the investment.
Home loan solutions for all borrowers
I have had great success in getting loans approved that require the broker to think outside the square. This enables me to use all types of loans, from fully-verified loans, to low-doc and no-doc loans. It's all about finding the right loan to match your individual circumstances.
Example: One client had been referred to me by an agent after the unconditional approval arranged by another broker had been rescinded by the bank - there had been an oversight on the application which, when discovered, lead to the client failing the servicing requirements of the lender. The client being aged over 60 and had substantial superannuation, so I arranged for him to see a financial planner.
Result: The financial planner was able to organise a regular tax-free income to be paid from the super fund. This meant the client could then meet the bank's servicing requirements and the loan was granted.
Been Turned Down for a Home Loan?
One aspect of home loan lending that I really enjoy, is being able to get loans through where other brokers have been unsuccessful. By asking more questions and getting more detailed information, I am often able to put a clearer picture to the banks and am frequently able to get loans approved where other brokers have failed.
We were told by another mortgage broker that our loan would be no problem and then were devastated to find the loan had been declined. Our sales agent asked if Cheryl could contact us, which we agreed to. Cheryl was able to get our loan approved and we are now happily moving into our new home. I can't thank Cheryl and her team enough for what they have done for us. They went out of their way to chase us with documents to sign. It was just great.
Mark & Elizabeth P - Mackay
Managing your Loans
It's not just getting the loan, but working with you to maintain it so that you can then qualify more easily for loans in the future. Keeping your finances ship-shape now can make a big difference to your future, as a business client of mine discovered. My client had some trouble with cashflow and book-keeping, thanks to a number of loans they held with a non-conforming lender at rates 3-4% above the standard bank rates, secured by multiple properties. I was able to negotiate the release of one property without further repayments or loan changes. I then had a low-doc loan arranged so that a professional book-keeper could come in and get their accounting up-to-date. They were told how vital it was to keep their loans in order for at least 6 months, which then allowed me to refinance the rest of their loans to mainstream lenders and save substantial interest costs through the lower interest rates.
I work closely with real estate agents from many companies, providing an insight to what's on in the property market at the time. Investors can get quick rental appraisals to assist their applications. I have access to a financial planner, who can provide guidance with strategies to get the most from your home and/or investment loan. For home buyers, I also recommend quality building inspectors and efficient conveyancing companies to make the purchase as easy as possible. Within my client base, I have a range of builders, tradesmen and other service providers that I can call upon if a new client is looking for some work to be done to a property.
Customers Mackay, Central Queensland and Coalfields
Based in Mackay, most of my clients come from Central Queensland and the Coalfields, although we have done Mackay, Sarina, Pioneer Valley , Coalfields, Proserpine, Whitsundays, Emerald, Moranbah, Clermont, Dysart.
I would like to thank Cheryl Gilbert and the team from Loan Market for their professional advice, which was provided at any time (either email or phone call), and for all the hard work they have put into us to ensure approval for our home. From the very beginning, it was very transparent what was required and offers of advice were given to us to help us through the process at no extra cost. Your extensive knowledge of the industry was evident, in which you provided us with a strategy to help us through to the future. It was easy and stress free and knowing that our best interest was always taken into account. It made our experience of buying very easy. Thank you again Loan Market, I would highly recommend you to anyone.