Loan Market Mortgage Broker servicing Bulimba, Balmoral, Hawthorne and surrounding suburbs
About Julia Kabakoff
Qualifications and Achievements
- Certificate IV in Financial Services
- $250 Million in Approved Home Loans Award
- MFAA Top 100 Broker Awards in 2006 and 2007
- Elite Broker 2006
- Elite Broker 2007
- High Achiever Award 2008
The most rewarding part of my career as a mortgage broker is helping my clients achieve their dream of owning their own home. Many of my clients have worked with me for over a decade - a fact I am immensely proud of. I understand that for many, the purchase of real estate is the biggest decision they will make, and I am privileged to be a part of that process.
Julia is a very professional operator with a can do attitude. very impressed. Greg Greenwood
I am very consultative in my approach to appointments, once I have addressed my clients queries and concerns I will commence their loan application. I am passionate about empowering my clients with the information they need to make good decision's concerning their current and future finance needs. The lending process is certainly not one to be rushed and I will take the time to help with the paperwork and will guide you through every step of the process.
Julia is a very professional operator with a can do attitude. Very impressed. Greg Greenwood
Home Loans in Bulimba
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.
First Home Buyers
Perhaps the most daunting thing you can do is purchase your first home, that is why i am committed to guiding you every step of the way to ensure that you are completely comfortable with the process.
Buying your first home is an exciting experience, but there can be a lot to think about. I make the home loan application process as smooth and easy as possible, so you can concentrate on finding the right home. As part of my service, I will help you to understand the types of home loans available to you as a first home buyer and choose the right one for your situation. If you are eligible for the First Home Owners Grant or any state government first home buyer assistance, I will even help you to fill in the paperwork.
I will provide you with support at every stage of the loan application process, from signing the contract to settlement and post settlement advice and home loan health checks.
Home Loan Deposit in Bulimba
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 buyer incentives; it is important to note, however, that 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, usually your parents, offers their existing property as security for a portion of the home loan, generally around 20 per cent.
Home Loan Pre-approval
Home loan pre-approval is a great way to ensure you know how much you can afford to pay for a property before you even start looking. A written pre-approval can also give you an advantage when you are negotiating on a property with a vendor, as opposed to someone who has no pre-approval or finance in place. A home loan pre-approval is generally valid for about three months, and you will still need a satisfactory valuation on the property you intend to purchase before your pre-approval can progress to a full loan approval.
Property Investment Loans in Bulimba
Property investment can be a smart wealth creation strategy, if you get it right. And that doesn't just mean finding the right property - you need the right investment finance as well, otherwise you may find yourself throwing money away for nothing. Your investment loan package should be tailored to your investment strategy and goals, so I work closely with your financial planner and/or accountant to make that happen. Whether you are an experienced property investor with a big portfolio, or just starting out with your first property, I can help you get the right investment loan for your circumstances.
Business and commercial loan options vary depending on whether you are a start-up or existing business. Whether you are buying commercial property, undertaking a property development , expanding your business or need some cash-flow funding, assistance from a good commercial finance broker can be invaluable.
Low Doc Loans for the Self-Employed in Bulimba
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.
Refinancing your mortgage is something that takes careful consideration. The most important thing to look at, is if refinancing will put you into a better position than you would be if you stuck with your current home loan. I can go through the sums with you to show you the costs involved in changing home loans, as well as your projected costs over a set time frame for both your current and proposed home loans. And if you decide that refinancing is the right move for you, I will help you complete all the necessary paperwork to make the change.
Debt Consolidation in Bulimba
Debt consolidation can be a handy solution when you are struggling with repayments on several debts, such as your home loan, credit cards, store 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.
Remember, if you make only the minimum required repayments, you will end up paying more in interest charges over the life of the loan than if you had left your debts separate. And debt consolidation will not fix the underlying problems, so be sure to get assistance from a financial planner to rectify your financial situation.
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 - how do you free up the funds that are tied up in your current property to purchase the next one? A bridging loan can help. 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 (called capitalising the interest). Once you have sold your old home, the proceeds go towards paying off your bridging loan. The amount left over, called the end debt, is then transferred to a standard home loan, becoming the home loan on your new property.
Non-Residents and New Migrants Loans
When arriving in a new country it is important to put down roots,. and feel like you are part of the community and what better way to achieve this than purchasing your own piece of Australia.
I have extensive experience in guiding new Australians through the finance and first home loan process, and also can assist with what incentives they may be eligible for. Non Residents also want to take advantage of our great property market, I can assist with securing loans for expats and non residents alike.
"After struggling to make sense of all of the information we had been given from various financial institutions we enlisted the help of Julia from the Loan Market to assist us in securing a loan to purchase our first home. From the moment we met with Julia all of our questions were answered. The process was simple and stress free. After providing us with numerous options we secured a great interest rate. Julia went above an beyond for us on settlement day when things with solicitors didn’t quite go to plan, we couldn’t have done it with out her help!"
Catherine and Daniel Paoli Campbell
"Thirteen years ago, my husband and I stepped into Julia’s office after deciding to purchase our first property. As we were both well into our thirties, we felt we were late starters into the property market. From that moment, Julia has guided us, providing her expertise and experience, as we’ve navigated our way into property ownership, both residential and investment. Julia always presents us with the right solution to our particular needs, offering continued market advice and excellence in customer service. Julia has set us on a course that has enabled us to have clear financial goals and secured our place in the property market. Julia’s success is a direct result of her hard work, commitment and a genuine care for her clients. We are very proud of our enduring relationship with Julia, both personally and professionally."
Kimberly & Nicholas Simms