With a banking career spanning 15 years, I have worked for two of the four major banks as well as one of Australia's largest mutual banks. As a member of the banks business acquisition team, I saw how banks approached home loan customers wanting a mortgage for their Australian dream, and its banks interest first rather than the customers.
As a mortgage manager, I knew, the best home loan deals were always offered to borrowers bringing new business to the banks and once a customer became an existing mortgage holder, they were, from that moment, at the mercy of the bank and the opportunity to get a better interest rate usually came only when the Reserve Bank of Australia (RBA) cut their rate or when they the customer threatened to leave the bank.
As a mortgage manager, I knew, the best home loan deals were always offered to borrowers bringing new business to the banks and once a customer became an existing mortgage holder, they were, from that moment, at the mercy of the bank and the opportunity to get a better interest rate usually came only when the Reserve Bank of Australia (RBA) cut their rate or when they the customer threatened to leave the bank.
Services
Personal loans are good for consolidating multiple debts into one easy repayment, buying a vehicle, upgrading household appliances and even paying for unexpected medical expenses or ones that's not covered by private health. Most personal loans are unsecured and taken over 1 - 7 year period. This allows you to achieve your goal of paying off your debts sooner without expensive interest on the borrowed money over a long period.
Small businesses can always benefit from an upgrade to existing equipment or from purchasing the very latest technology or machinery. Far too many small businesses fail to keep on top of their cash flow and this inevitably leads to the business failing. A small business loan can be invaluable when you're establishing your business or when an unforeseen setback occurs, but you don't want a loan to be short-term gain and long-term pain.
Regardless of what comes first albeit children, marriage or real estate if you're over the age of 18 you need a Will. With Australia moving towards an American styled open banking system, in the future, a good credit score will likely equate to getting a better interest rate with your home loan. Paying off a mortgage early can save on interest, free up cash-flow each month and help you enjoy all the benefits of a debt-free lifestyle.
Deciding to buy an investment property is a major decision as it involves another financial commitment you need to meet. While it's a nice idea to own an investment property or two, knowing if you're ready to buy can be complicated as you need to factor in cost of unexpected expenses. Regardless of what comes first albeit children, marriage or real estate if you're over the age of 18 you need a Will.
With the interest rates (cost) on offer for home loans at historically low levels, more and more borrowers are asking if they should fix their home loan and for how long?
We, Australians are a trusting bunch, even after the Banking Royal Commission in 2019 and the 2020 ACCC report on mortgages confirmed, what we all knew, banks don't have our best interest at heart, most of us still stayed loyal and continue to miss out on a better financial outcome for our future selves.For a savvy property buyer, good debt is any borrowed money which is used for investment purposes.
We, Australians are a trusting bunch, even after the Banking Royal Commission in 2019 and the 2020 ACCC report on mortgages confirmed, what we all knew, banks don't have our best interest at heart, most of us still stayed loyal and continue to miss out on a better financial outcome for our future selves.For a savvy property buyer, good debt is any borrowed money which is used for investment purposes.
Reviews (10)
Nhp Aussie
Dec 06, 2021
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I had a pleasant experience with loansHub, specifically with Nav Dharan who have helped me out with my enquiry. He is timely responsive and following up things well until getting the job done.
It will be perfect if he got me alerted that bank would change interest so that I could move settlement date sooner.
Overall, loansHub has helped me well. Highly recommended.
NHP
It will be perfect if he got me alerted that bank would change interest so that I could move settlement date sooner.
Overall, loansHub has helped me well. Highly recommended.
NHP
Joyjit Ray
Aug 17, 2021
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I have had the privilege of dealing with Nav and LoansHub and I can vouch for the following attributes in Nav which makes him my go-to Mortgage Broker
1) Client First: No matter at what time I have reached out to Nav regarding his suggestion or inputs, he has always come back to me on time even if that meant late into after-hours
2) Subject matter expertise: Nav is extremely proficient in matters related to housing Finance and brings with him a wealth of experience from the Banking Industry to help his clients get the best possible deals. He also uses his knowledge to advise clients keeping in
1) Client First: No matter at what time I have reached out to Nav regarding his suggestion or inputs, he has always come back to me on time even if that meant late into after-hours
2) Subject matter expertise: Nav is extremely proficient in matters related to housing Finance and brings with him a wealth of experience from the Banking Industry to help his clients get the best possible deals. He also uses his knowledge to advise clients keeping in
Nihil Dharan
May 24, 2021
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Positive: Professionalism, Quality, Responsiveness, Value
Nav from LoansHub was great to work with. He showed great understanding of my requirements and worked together with with me for tailored solutions. Nav was proactive in updating and guiding me through the process and even followed up afterwards. Would definitely recommend.
Nav from LoansHub was great to work with. He showed great understanding of my requirements and worked together with with me for tailored solutions. Nav was proactive in updating and guiding me through the process and even followed up afterwards. Would definitely recommend.
Andy Mukherji
Mar 22, 2021
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Lynn Duong
Jan 16, 2021
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The ability to submit my application and upload all my documents online was great and avoided the unnecessary back-and-forth because of missing information & documents that I experienced with other brokers.
The loan options emailed to me was also a surprise especially as it included how much I would save with each suggested bank, without me having to waste time looking at different comparison sites.
I also liked how I was always kept in the loop with email updates on my loan progress and appreciated a quick call from Nav every time I requested a call back.
I would say, my experience with loansHub
The loan options emailed to me was also a surprise especially as it included how much I would save with each suggested bank, without me having to waste time looking at different comparison sites.
I also liked how I was always kept in the loop with email updates on my loan progress and appreciated a quick call from Nav every time I requested a call back.
I would say, my experience with loansHub
Tennille Crossett
Sep 28, 2020
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My whole experience with the Loans Hub was absolutely amazing. Nav is so professional, knowledgable and efficient at working with your budget, finding the best interest rate and getting your loan processed in time for your settlement date. Another bonus with choosing the Loans Hub is that Nav will be monitoring my loan to make sure I will always pay the best interest rate for my morgage. I honestly could not have had a better experience with buying a home. Thanks Nav.
Devendra Sawant
Aug 11, 2020
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I had a great experience with LoansHub. The process was a bit slow with Banks taking a long time to process applications, but Nav never gave up. He always kept me uptodate with every change and made sure I got the best offer for my situation.
I will highly recommend Loanshub (especially Nav) to all borrowers considering refinancing / new mortgage.
I will highly recommend Loanshub (especially Nav) to all borrowers considering refinancing / new mortgage.
Cara Holdsworth
Jul 22, 2020
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Convenient online platform with great customer support to back it up. Thanks to Nav for all his help with arranging our new home loans - It couldn’t have been done without his after hours services to work around own busy lifestyles! Thanks to this forum and style of lending we have saved a significant amount of time & money. Would highly recommended Loans Hub & their team to anyone considering either a new home loan or refinancing.
Stephen Mclean
Aug 21, 2019
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Elvis Costa
Jun 25, 2019
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We happen to see a loansHub ad on facebook about their mortgage review technology and completed their online savings calculator and we liked how we could see how much our saving would be. We were initially hesitant to use a online mortgage broking service as we had used a bank for our home loan and broker for our investment loan.
We used their call back service to confirm the application process and their online application process was very simple. It was strange not having to see anyone in person but we had to do video interview after our application during which we choose what we wanted.
Only
We used their call back service to confirm the application process and their online application process was very simple. It was strange not having to see anyone in person but we had to do video interview after our application during which we choose what we wanted.
Only
