Justin & Emily - First Home Buyers
A New Chapter Begins!
Justin and Emily approached us back in mid-October 2023 as they were ready to look to purchase a house together but weren’t sure where to start or how to find a loan that was best suited for them.
After conducting our ‘bread-and-butter’ of calculating their borrowing capacity based on income and liabilities, we provided Justin and Emily with multiple scenarios of home purchases at various prices which illustrated the changing repayments at different loan amounts as well as the required cash deposits.
One business day after we received all their documents and confirmed their strategy, we presented our ‘credit proposal’ which fully outlined the recommended bank which offered very low interest rates and offered a $3,000 cashback for first home buyers. We explained to Justin and Emily about the benefits of applying for a pre-approval which is free and allows the bank to look over your finances and confirm their intent to provide funds for a home purchase. Having a pre-approval in place provides a strong negotiating position when making offers on property by indicating to agents that finance is in-place and can perform a quick settlement. Highlighting our top-notch turnaround times, we lodged the pre-approval application less than a week after first our meeting with Justin and Emily.
After months of open inspections, Justin and Emily to their delight had their offer on a property accepted! We quickly re-engaged the bank and secured formal loan approval 5 days after the contract was signed. This allowed us to begin steering the process ‘home’, engaging with the bank and solicitors for the legal title transfer at settlement.
It is always gratifying to be able to help first home buyers start a new chapter of their lives. Congratulations Justin and Emily and we can’t wait to keep assisting achieve your financial goals!
#mortgagebroking #firsthomeguarantee #firsthomebuyer #homeownership
Jonathan - First Home Buyer
Jono Becomes a ‘Tennent’ No Longer!
We started working with Jono Tennent back in early 2023 as he was ready to pursue his goal of owning a home but was unsure of his price range and had wanted to learn more about the process. Being a first home buyer, we guided Jonathan through the process and explained that he would receive a stamp duty discount and Lenders Mortgage Insurance waiver due to him being a eligible first home buyer.
After establishing his financial goals, calculating his price range and sourcing a bank that offered places on the ‘First Home Guarantee Scheme’, we secured a pre-approval which gave Jonathan confidence to start making offers. We also recommended Jonathan to Lauren Canning who provides Conveyancing services, who helped him look over contract of sales and handled the legal side of the settlement process. Unfortunately, the initial hunt didn’t go to plan as he was unable to secure any properties and after three months the pre-approval expired which put a handbrake on his home ownership goal.
Fast forward to October 2023, Jonathan had bolstered his financial position by building savings and paying off his student debt. Reinvigorated, we set out a plan of attack, re-evaluated his price range and secured another pre-approval with the same bank. After a month of searching, Jonathan’s many hours of research on Domain and Realestate.com.au paid off after his offer on a home was accepted!
We kept the process simple and as stress free as possible for Jonathan by handling all paperwork, communicating with the bank assessor and pushing the loan application through to unconditional approval. After encountering a few hurdles with the bank late in the process, we guided the loan through to settlement which put an end to Jonathan’s year long search for his first home.
Congratulations again Jonathan – It’s been a pleasure helping you achieve such a major financial goal and we look forward to many years ahead of working with each other.
#homebuyer #interestrates #property #mortgagebroker #firsthomebuyer
Lauren - First Home Buyer
Congratulations on Buying Your First Home!
Lauren initially reached out to us in 2020 as she was looking to purchase her first home but was unsure of the process and where to start. Using Lauren’s financial position we calculated her borrowing capacity which helped narrow the property search.
As Lauren was looking to purchase a newly built house, we explained that she was eligible for the Victorian First Home Owner’s Grant which contributes $10,000 toward the property purchase. By late 2021 Lauren entered into a house and land package contract and we were able to lodge a loan application on the same day.
Pleasingly we connected Lauren with a large bank who offered a low interest rate and had a high-quality construction loan process. Fast forward to September 2023 Lauren’s new home has been built, culminating the 3 year journey from our initial meeting to now moving into her first home!
It has been a pleasure guiding you through the process and we look forward to helping you where possible moving forward!
#mortgagebroking #firsthomeownersgrant #firsthomebuyer #clientfirst
Hayley & Dean - First Home Buyers
Hayley and Dean Purchase Their First Home! Congratulations to Hayley and Dean who have purchased their first home together!
They initially came to us wanting to understand their borrowing capacity to gauge their price range. Pleasingly we were able to connect Hayley and Dean with a lender with a low interest rate, offered places on the First Home Guarantee scheme and had a quality lending policy regarding recent change in employment.
A month after we secured a pre-approval Hayley and Dean signed the contract for their first home which allowed us to work toward settlement with the bank. We look forward to seeing what’s next in your new chapter!
#firsthomebuyer #noLMI #stampdutyconcessions #mortgagebroker
Megan & Marty – Refinance Savers
Megan and Matt Reduce Loan Repayments! Congratulations Megan and Matt who refinanced their existing home loan through us to reduce their interest rate and loan repayments. This will help them pay off their home loan sooner which minimises overall interest expenses.
We are glad we could help you keep money in your pocket as spending on Shelby and Levi is much better than the cash going to the bank! 😊
Lachlan – Refinance Saver
Lachlan reduces his loan repayments! Congratulations Sperlo on recently refinancing his home loan with us to reduce his interest rate, ongoing loan repayments and take advantage of cashback rebates being offered by banks. We are glad we could help keep more money in your pocket (or to spend on Indie) and less going to the bank 😊
Corie & Danni – Family Home Buyers
Corrie & Danni Purchase Their Family Home!
We first helped Corie and Danni build their first home in 2020 where they began a family by welcoming little Tommy and their fur baby Bonnie. Recently, Corie and Danni contacted us to explore their options for purchasing a new home for their family in a different location.
During the process of surveying Corie and Danni’s financial position, we were able to identify options that increase their borrowing capacity and minimise the charged interest rate. Through closing off some liabilities, Corie and Danni were able to improve their borrowing capacity and access higher quality loans, saving them money over the long term.
With Corie being self-employed, it was important that we utilised lenders who were beneficial for self-employed borrowers. Pleasingly, we received formal approval from the selected lender within the finance clause after they signed the contract on the new property.
We can’t wait to see your family enjoy the new home not too far from the beach!
#mortgagebroking #finance #clientfirst #pre-approval #homeloans
Amy & Jake – Family Home Buyers
Amy & Jake Purchase Their Family Home! With a toddler starting to run around, Amy and Jake had been researching how their dreams of a family home would come to fruition. After finding a property that was close to family and had renovation potential, Amy and Jake contacted us to better understand their borrowing capacity, deposit requirements as well as loan repayments.
After sourcing the required documentation providing evidence of incomes and liabilities, we were able to complete an assessment of their position which allowed us to select a lender who offered a competitive interest rate and was flexible with Amy’s self-employed income.
Pleasingly, we received a pre-approval within a week of lodgement which allowed Amy & Jake to attend the auction with committed financing.
We can’t wait to see your family grow in this forever home and are excited to see the renovation plans! Congratulations again!
Jordan & Ash - New Home Buyers!
Congratulations to Jordan and Ash on buying a new home! After assessing their situation, we gave them an indication of their borrowing capacity which allowed them to start looking at homes in their price range. As Jordan recently became self-employed, we needed to wait for his Tax Return to be finalized before we were able to apply for finance. We also liaised with his accountant to ensure the incomes were going to be what was required for them to secure a home loan.
While Jordan and Ash were looking at potential homes, we discussed how any property offers needed to cater for a long subject to finance clause and settlement period to allow for the Tax Returns to be completed.
Luckily after working through this process together, the timing aligned perfectly with a home becoming available and a market leading home loan being approved and settled very quickly.
Congratulations again Jordan and Ash 😊
#mortgagebroking #finance #clientfirst
Renee - First Home Buyer
Ben & Emily buy their forever family home! Renee contacted us as she wanted assistance in buying her first home and wanted to know her borrowing capacity, what deposits would be required for certain purchase prices along with what first home buyer concessions were available.
After running through Renee’s options together we were able to complete a pre-approval quite quickly which ensured her a place on the First Home Guarantee Scheme to pay no Lenders Mortgage Insurance.
From here Renee found a home she loved very quickly and her offer was accepted with the agent knowing she had a pre-approval in place and flexibility on the required settlement date.
We are very excited to see Renee in her first home and are grateful to have been able to help her through the buying process 😊
Ben & Emily – Home Buyers
Ben & Emily buy their forever family home! 
Brooke - First Home Builder
Congratulations Brooke on building your first home! 
What a week it has been for Brooke! A week before Christmas and she has moved into her own home.
Brooke contacted MJ Financial Chiefs as she was eager to buy her first home.
We were able to assist her in the following areas:
• Initial Borrowing Assessment
• First Home Buyer Stamp Duty Concession
• First Homeowner Grant
• Finance Application
• Management of the Progress Payments as the
Build Progressed
As many others, Brooke was new to the home buying process. We were able to support her through this procedure so that moving into her new home was made easy and most importantly exciting.
At MJ Financial Chiefs we wish Brooke all the very best in her exciting new adventure of being a first home buyer!
Enjoy the early Christmas present of your new home Brooke!
#firsthome #firsthomebuyer #stampdutyconcessions #homeownerrgrant
#mortgagebroking #finance #firsthomebuyer #clientfirst
Daniel & Aleisha - First Home Builders
An exciting new home and reno awaits this young couple!
Daniel and Aleisha have just settled their new home and we are absolutely wrapped for them.
The couple have now commenced the big job of renovating the whole house and we are excited to see some before and after shots once completed.
Instead of describing their home loan process in our words, see this review from Daniel & Aleisha:
“Who knew buying a house during Covid would be this easy with the team at MJF Chiefs by our side. We had the pleasure of dealing with Justin to purchase our very first home and its been such an easy process. The communication was excellent, response times were second to none and if any part of the process failed Justin was right there to clean up the mess.
Cannot thank you (and Michael) enough for the great work you continue to do especially during these uncertain times.
Definitely recommend MJ Financial Chiefs to anyone who is in need of a fantastic service.”
Thanks for the kind words 😊
It was great helping you achieve your dream home!
Chiefs xoxo
Troy & Delores - First Home Builders
🎉Congratulations Troy & Delores on their new block of land🎉
Troy and Delores came to us with the hope of purchasing their first block of land which they would later build on.
We worked with them to assess how much they would be able to borrow and what concessions they could receive as First Home Buyers. We were able to communicate with both the real estate agent and conveyancer on their behalf.
They managed to get the stamp duty concessions which resulted in paying no stamp duty as they plan to build and move into their new home within 36 months of settlement.
We are very happy for both Troy and Delores and look forward to helping them further once they have found the right home to build.
#firsthomebuyer #noLMI #stampdutyconcessions #mortgagebroking #finance #firsthomebuyer #clientfirst
Luke & Steph – Purchase New Car
🚘Genoni’s Bought a Jeep?🚘
Steph and Luke our beloved ongoing clients found a new family car and came to us to help out with the finance.
It was a very straight forward process, and we had the approval completed within a few days.
We are very excited to see the couple with their new wheels and we will be keeping an eye out down the Peninsula for the big white Jeep!
Always a pleasure xoxo
Sam & Tom - First Home Builders
Congratulations Sam and Tom on beginning to build their first homeWhen brothers Tom and Sam came to us, they had already invested in a block of land which was due to title in a few months. They were still in the process of finalising the construction documents but wanted help gaining finance to build their home.
After running through their situation, we were able to map out a plan of when we would need to put the application in to meet the finance clause and maximise their eligibility for the grants on offer.
As a First Home Buyer who met all the requirements, they were eligible for the $20,000 First Home Owners Grant, and for the $25,000 New Home Builders Grant along with paying no stamp duty.
If the boys are this excited to own the land, we can’t wait to see what pictures they come up when the construction is complete.
#firsthomebuyer #noLMI #stampdutyconcessions #homebuildergrant
Cam & Lisa - Home Buyers
Congratulations Cam and Lisa on Buying a home together
When we started talking to Cam and Lisa buying a home was not something they had at the front of their mind specifically. They knew it was something for the future but they wanted to talk about structuring their finances, work and business in general and how this would affect their situation if they did want a home loan down the track.
Sometime after we worked through these details together, Cam and Lisa decided that they were ready to buy a home and we set about organising a pre-approval. We spent time discussing the structure of the loan as they had a few options and we settled on a smaller lender that had a low interest rate and would allow them flexibility with their repayment.
We are very happy to have helped Cam and Lisa purchase this home 😊
#firsthomebuyer #FHLDS #noLMI #stampdutyconcessions
Lucas & Jess - First Home Buyers
Congratulations to Lucas and Jess on buying their first homeLucas and Jess came to us for help when buying their first home.
Hearing about all these new government grants and concessions that first home buyers are eligible for, they got in contact with us to lock in a spot on some of the schemes.
We straight away set about working through their borrowing capacity and different lending options together giving them a budget on their maximum purchase price. We had to consider that Lucas is self-employed and they needed a bank that offered First Home Loan Deposit Scheme (FHLDS) spots while trying to find the lowest interest rate available.
Once we had settled on the best lender we begun the application to make sure they secured a place on the FHLDS which allowed them to pay no Lenders Mortgage Insurance (LMI).
In the 3 months that they had their pre-approval in place, this home popped up for them and they were able to make an offer confidently knowing their finances were organised.
It was great to be involved in the process with Lucas and Jess in buying their first home and are glad they are enjoying being in there already 😊
#firsthomebuyer #FHLDS #noLMI #stampdutyconcessions
Nick & Courtney – New Home with a side of Super and Insurance Review
New Home Who Dis?
Mark & Kaye - Planning Retirement
Mark and Kaye settle into retirement
Mark and Kaye, our amazing neighbours are now settled into retirement but that is not always a seamless transition. Over the last year there have been some big changes to their situation which has meant they have had to reassess their retirement plan.
From planning their retirement to updating income and assets with Centrelink, we have helped make their transition into retirement seamless… Just ask them 
We all know dealing with Centrelink is a nightmare and with the current COVID environment, Centrelink HQ is not necessarily a safe place to visit. We were able to help them set up their online portal and update their income and assets saving them the hassle and time of working it out themselves.
As you can see, they now have peace of mind and are settling into retirement. P.S boy do those jumpers look good!
Happy Retirement Guys!
#retirementplanning
Tim & Paige - First Home Buyers
Congratulations to Tim & Paige on buying their first home
Tim and Paige came to us when they had tried for an approval directly through a bank branch but were not happy with the service for a few reasons including they were making them pay LMI.
Being first home buyers, we explained to Tim and Paige the First Home Loan Deposit Scheme (FHLDS) and how they would be eligible to not pay any LMI through certain banks that are part of the scheme. They also would qualify to not pay any stamp duty on their purchase.
Within no time they had been accepted on a home and we began the finance application. With the current evolving climate where prices of homes have fluctuated, valuers are not always wanted to visit homes and banks policies have been changing it presented new challenges for us.
We managed to navigate around all of this will help from Tim & Paige’s solicitor and they are now proud owners of their first home.
Congratulations to you both, we are glad we could help
#firsthome #firsthomebuyer #noLMI #nostampduty #mortgagebroker
Megan & Marty - Purchase New Home
🐕The Rennie’s buy a new family home🐕
Matt and Megan decided they were due for an upgrade in their living situation and had decided to purchase a new home. They contacted us wanting to know what offer they could make for this house and how much they were able to borrow.
Their situation had a few different parts for us to look at including which lender would be most suited for someone with self-employed income and a university student.
After finding a lender that would maximise their borrowing capacity, we worked out what their final offer could be on the house. It didn’t take long for their offer to be accepted and we proceeded to secure them the finance for the home.
I really enjoyed helping the sister and brother in-law out in getting them finance for their new home. I even got to be their 1 person helping with the move – as you can see, we kept the 1.5m distance too.
#mortgagebroking #finance #homebuyer #clientfirst #family #sold
Brady – Income Protection
🏉Brady Starts Pre-Season With Some Income Protection🏉
Tooradin Dalmore Football Clubs new recruit Brady Egan has joined the MJ Financial Chiefs community.
The fast-paced endurance runner has made the sensible decision to look after himself and partner financially in an event he is unable to work due to injury or illness.
We have been able to structure Brady’s insurance so that in the event of a fracture to certain body parts he would be able to receive a lump sum benefit.
Another bonus is that all payments towards his income protection are tax deductible allowing him to claim the premium back at tax time.
Now Brady can go out on the footy field with piece of mind knowing that if he decides to put his head over the footy he is protected financially.
If you think you can benefit from the same protection, please give us a call.
#financialadviser #insurance #incomeprotection #tatts
Want to see more of our success stories click the link below.
Luke - Excavator Finance
🚜Luke B Purchases an Excavator to Help Grow His Plumbing Business🚜
Sole Trader Luke contacted us as he has been running his own plumbing business for a while now and he was finding that constantly hiring an excavator was impacting on his overall profits.
He had put together cash flow projections that showed how a new excavator would help his cash flow and how this would help him secure more business going forward.
We were able to help Luke to secure a loan for the Excavator which he now owns.
Whether it’s a new car, excavator or equipment for your business we can help secure you a commercial loan too.
#assetfinance #mortgagebroker #financialadviser #yasmine
Want to see more of our success stories click the link below.
www.mjfc.com.au/successstories
Nic - Super and Personal Insurance Review
🏉 Emerald Bombers Captain Takes Steps To Protect Himself & Partner Financially & Start His Path To Retirement Early 🏉
Nic Jansen has become another of our valued members of the MJ Financial Chiefs community.
Nic came to us to see if we could review his current Life, TPD and Income Protection insurance policies to make sure they were appropriate for his current needs and he wasn’t paying too much as the current policies were implemented over 2 years ago.
Along with his insurance we were able to review his current superannuation fund. Nic did not have an ongoing relationship with his current adviser; however, he was paying a reoccurring annual fee through his superannuation.
We have restructured Nic’s superannuation to ensure he is on the right path building funds for his retirement and have removed his ongoing fees as there was no need for ongoing management at his age. We have also updated Nic’s Life, TPD and Income Protection levels to reflect his current life stage.
It is important to review your insurance every couple of years due to changes in your circumstances and market offerings.
#financialadvisormelbourne #financialplannermelbourne #independentfinancialadvisor #Finance#MJFinancialChiefs
Scott, Kami & Jet - Refinance To Reduce Interest Rates
🏡Chiefs First Client Reduces Interest Rate!🏡
Scott, Kami and their dog Jet were MJ Financial Chiefs first client.
With an interest rate of 4.89% they approached us looking to see if they could reduce their rate as they heard current rates available were under 4.00%.
After exploring the market and the different bank institutions, we were able to find a bank that reduced their interest rate by over 1% and has an offset account attached to suits their needs.
Scott and Kami are now putting more money towards their mortgage, whilst paying less interest saving them thousands of dollars over the term of the loan.
If you’d like to reduce your interest rate and see what’s available to you CONTACT US and we would be more than happy to help.
#DogsInTuxedos #Refinance #ReduceDebt #DebtFree #Finance#MJFinancialChiefs
Jason & Gaby -
Refinance, Debt Consolidation, Super & Insurance
Young Family with A New Financial Direction
It was a balmy summers evening when Jason and Gaby first contacted us. With a home loan interest rate of 4.26% and some other debt that had been structured poorly with high interest rates, their cashflow was taking a hit.
When speaking about their values, it was clear that family was important to them. They wanted to ensure they had the appropriate insurance in place to pay off all their debt if something were to happen to them and income protection in place to help with their everyday expenses in the event of illness or injury.
We were able to refinance, restructure and consolidate their current debt onto a reduced interest rate of 3.81%. This freed up additional cashflow for the young family reducing their stress levels and interest paid.
We have since applied for appropriate insurance for both Gaby and Jason of which are partly paid out of their superannuation and cashflow for Jason’s Income Protection where he will receive a tax deduction for this premium.
#refinance #mortgagebroking #pakenhammortgagebroker #pakenhamfinancialadviser #finances #insurance
Chase - Income Protection
🎊What a great way to start the New Year!🎊
Chase and the family came to us worried about how they would pay their bills if Chase were unable to work.
Chase plays football and wanted to ensure his income was protected if he were to become injured during football or during everyday life.
Chase now has peace of mind through an income protection policy which will enable Chase and the family to live without financial worries.
We are so pleased that we were able to make a difference to this young family’s life!
BE LIKE CHASE!
Matt - Super and Personal Insurance Check
Starting Pre-Season with Income Protection & A Financial Health Check
Tooradin Dalmore Football Captain Matt L is one of the newest members of the MJ Financial Chiefs community.
Matt came to us as he wanted to review his current superannuation and insurance position to make sure it was appropriate for his current needs. Matt did not have an ongoing relationship with his current adviser; however, he was paying a reoccurring annual fee through his superannuation. He also had his life, TPD and income protection policies put in place 4 years ago that did not reflect his current situation.
We have since restructured Matt’s superannuation to ensure he is on the right path building funds for his retirement. We have also updated Matt’s life, TPD and income protection levels to reflect his current life stage. The bonus for Matt is that while he has increased his levels of insurance and the features in his policies the premiums have decreased and he is able to pay these premiums through superannuation.
If your situation has changed it may be a good time to have a financial health check.
#superannuation #insurance #financialplanning #lifegoals
Laxmi - First Home Buyer
Facebook Ad Helps Laxmi Move Into Her New Home
Laxmi found our details through a Facebook advertisement where she noticed we were offering a first home buyers program. She left her contact details and from there we were able to meet up and begin helping Laxmi on her home buying journey. We are absolutely delighted to have been apart of her home buying milestone!
“My husband & I would like to give a huge thank you to MJ Financial Chiefs and most importantly to our broker Justin. Justin was so easy to talk and had quick response, that made us comfortable throughout the whole process of obtaining a home loan. To secure a loan from a bank was not easy. However, Justin always gave us hope to keep going. Justin was also very knowledgeable and being a first home buyer that gave us a lot of assurance. Again, we would like to give a massive thanks for Justin for his dedication and perseverance throughout this journey. We are so happy with our choices and highly recommend Justin as a broker & MJ Financial Chiefs.”
Laxmi V
#firsthomebuyer #clientfirst #mortgagebroker #finance #makingadifference
Dom & Bec – Dream Home Builders
Congratulations on the New Home Dom and Bec!
Dominic and Rebecca approached us in late 2022 as they were on the path to becoming homeowners again after renting since early 2020. They had both signed a contract of sale on vacant land which was titling mid-2023 and required assistance with financing to complete the property settlement.
After more closely understanding their requirements and objectives, we provided Dom and Bec with clarity regarding their borrowing capacity and conducted research regarding which bank would best suit their financial position. By Mid-2023, once the land was closer to titling and accessible, we ordered a valuation that determined the land had significantly appreciated in value which was well received by Dom and Bec!
Utilising our in-depth understanding of bank policies, we recommended a big-4 bank that would take the appreciated value of the land as security toward the land purchase which removed the additional upfront cash required for the land purchase, excluding the deposit already paid. The recommended bank also charged highly competitive interest rates and offered market-leading construction policies which would benefit Dom and Bec once it was time to apply for a construction loan.
Pleasingly, we guided the land purchase through to settlement which allowed Dom and Bec to focus on working with their builder to finalise the construction contract. During this period we worked closely with Dom and Bec by confirming their borrowing capacity which allowed them to finalise a home design that fit within their price range. Within two days of the construction contract being signed we finalised the paperwork and submitted the construction loan application. During this period we encountered a hurdle when the valuation came back less than the sum of the land valuation and construction contract which required a restructuring of the loan application to minimise the additional costs incurred by Dom and Bec as a result of the lower valuation.
Ten days after lodgement we received Formal Approval which allowed the build to commence, placing Dom and Bec on the home-straight toward their home ownership goals! Throughout the next few months we acted as the ‘middle-man’ between Dom and Bec’s builder and the bank to ensure progress payments were made at each stage of the construction.
Fast-forward to mid-2024, Dom and Bec have now moved into their brand-new home and celebrating with family and friends the completion of their 3-year home builder journey which included many highs and lows!
Congratulations again Dom and Bec – It’s been amazing engaging with you both and we can’t wait to be able to help you where possible in the future!
James & Sarah – New Home Buyers
Congratulations on the Purchase!
James and Sarah contacted us earlier this year as they were looking to purchase a home together but were unsure of their borrowing capacity and price range. Understanding the financial position of our clients is the most important step of every success story. After a comprehensive analysis of their finances, we were able to accurately calculate their borrowing capacity, providing James and Sarah with a realistic price range that aligned with their financial goals.
We thoroughly researched our network of lenders to identify a bank that provided the greatest value and exceeded the client’s needs. The selected lender met our client’s greatest requirement by offering a very low interest rate which results in loan repayments being minimised over the loan term. By handling all dealings with the bank, we were able to ensure a simple process for James and Sarah, while keeping them up to date every step of the way. After receiving pre-approval, they were able to start making offers on property with confidence knowing the bank had provided the green light.
Pleasingly James and Sarah signed a contract of sale in November and will get access to the property in the new year. This success story serves as a testament to our commitment to understanding our clients on a personal level, leveraging our vast network to find tailored solutions, and ultimately, helping them achieve their homeownership aspirations with financial confidence and peace of mind.
We can’t wait to see what’s next for you both! look out for our new settlement surprise once you move in!
Chloe – Land Purchase For Her First Home
Chiefs Helping Turn Dreams Into Reality
Our mortgage broking team was thrilled to help our amazing client Chloe get one step closer to realising her home ownership dreams by recently facilitating the purchase of vacant land.
Realising the many complexities of purchasing land our clients face, our team were committed to making the process as smooth as possible for Chloe. We walked her through every step, providing her with valuable insights and addressing all her questions.
Dealing with banks is often daunting for people who also juggle work and family commitments. As brokers, we were able to leverage our expertise and handled all the necessary paperwork and answered all the banks questions during the application process, removing as much stress for Chloe as possible. Pleasingly we connected Chloe with a bank with low interest rates, quality service and strong construction loan policies. We pride ourselves on our strong relationships with banks which helps us to secure the best financing solution for clients.
From signing the land contract back in 2021, Chloe is now the proud owner of her own patch of land, with construction of her dream just around the corner. We couldn’t be happier for you Chloe!
If you’re ready to turn your dream of owning a home into a reality, just like Chloe, contact us today. Our team is here to guide you through the entire process, ensuring your homeownership journey is as smooth as possible.
Chloe & Chad - First Home Buyers
Congratulations Chloe and Chad on Buying Your First Home
Chloe and Chad originally approached us in 2021 to learn more about the purchasing process and begin their journey to becoming first home buyers.
Referring to their position and objectives, we provided Chloe and Chad with a strategy to build up savings for a deposit and start looking for potential properties in their price range.
Being first home buyers, we explained to Chloe and Chad the stamp duty and lenders mortgage insurance savings they would receive and presented a short-list of lenders who offered places on the First Home Guarantee Scheme. Pleasingly we recommended a lender offering low interest rates and low fees which met their key requirements.
Chloe and Chad recently signed a contract of sale to secure a property they loved and received loan approval the following week. Congratulations again on purchasing your first home, it was a pleasure to guide you both through the entire process.
#mortgagebroking #firsthomeguarantee #firsthomebuyer #clientfirst
Ryan & Nicola – Investment Property Purchase!
Ryan & Nicola Building Long Term Wealth
Ryan and Nicola reached out to us in early 2022 as they were interested in growing their property portfolio and earn rental income but were unsure of their price range and borrowing capacity. After completing our assessment process, we were able to give them an indication of how much they could borrow which helped focus their property search.
As Nicola was on reduced work hours for a period of time, our research narrowed to focus on lenders who accepted return to work letters to prove full time post-leave income. With Nicola being a doctor, we were also able to access special loan features which removed costly Lenders Mortgage Insurance fees and reduced their interest rate further than advertised lender rates.
After finding a bank which offered low interest rates and quality lending policies, we applied for a pre-approval which would give Ryan and Nicola confidence to make offers at auctions.
After more than a year of searching for the right property, Ryan and Nicola recently signed a contract of sale in late August which allowed the bank to provide unconditional approval.
It is very satisfying to see clients achieve their property goals after a long period of planning and searching and we look forward to what’s ahead for your family!
#mortgagebroking #investmentproperty #wealthcreation #clientfirst
Scott & Kami - Family Home Buyers
Scott & Kami Purchase Their Forever Home!
Scott and Kami came to us in late 2022 wanting to upsize from their existing home to fit their growing family. We assisted Scott and Kami by calculating their borrowing capacity based on their financial position. By using the expected proceeds from the sale of their previous home, we were able to provide a price range which would help guide Scott and Kami’s purchasing decisions.
Pleasingly we were able to meet Scott and Kami’s requirements and objectives by recommending a large, high-quality lender who charged low interest rates, and who would assume Kami’s full time income while she was still on maternity leave.
We were able to handle all communication and administrative requirements with the bank in the lead up to settlement, minimising stress and time burden for Scott and Kami.
Excitingly, they settled into their new family home earlier this year and we can’t wait to see your family enjoy the new home.
#mortgagebroking #familyhome #finance #clientfirst #pre-approval
Jordan & Maddie - First Home Buyers
Jordan and Maddie Purchase Their First Home!
Congratulations to Jordan and Maddie who have purchased their first home together. We loved guiding them through the process which started with a pre-approval to provide confidence when making offers on properties.
Once they made an offer on the right property, we handled the loan application process with the lender through to settlement. We were able to secure Jordan and Maddie a place on the Home Guarantee Scheme which saved them paying costly Lenders Mortgage Insurance.
We’re pleased to have been able to help you purchase your Bayside home and can’t wait to see what’s next in your journey together!
#firsthomebuyer #noLMI #stampdutyconcessions #mortgagebroker
Leigh & Maddy Build Their First Home!
Leigh and Maddy Build Their First Home!
Congratulations to Leigh and Maddy who have completed building their first home together. We loved being part of the process and are pleasantly surprised with what Leigh has now done with his garden and lawn.
Since completing the build in 2022, we have also helped Maddy and Leigh change their loan structure and complete rate reduction requests through their existing bank to make sure they are on the best deal possible after completing their build.
#firsthomebuyer #noLMI #stampdutyconcessions #homebuildergrant #mortgagebroker
Erin - Refinance Saver
Erin Reduces Her Loan Repayments!
Congratulations Erin on recently refinancing her existing home loan through us which dropped her interest rate by 1%, reducing ongoing loan repayments. Erin further benefited from a large cashback offer which provided a useful cash injection upon settlement. We are glad we could help you save money through this simple process 😊
Ellie & Billy - First Home Buyers
Congratulations Ellie and Billy on Buying Your First Home! Ellie and Billy approached us in 2022 seeking assistance with purchasing their first home. After understanding their preferences and determining their borrowing capacity, we were able to provide Ellie and Billy with a strategy which involved building up savings for a deposit and begin looking around for potential properties in their price range.
Being first home buyers, we explained to Ellie and Billy the stamp duty and lenders mortgage insurance savings they would receive and presented a short-list of lenders who offered places on the First Home Guarantee Scheme. Pleasingly we selected a lender who offered a very low interest rate and charged no ongoing fees.
Wanting to secure a property they loved and confident in their financing, Ellie and Billy signed a contract of sale and received loan approval the following week.
Congratulations again Ellie and Billy on purchasing your first home and we can’t wait to see what the future holds for you both!
New Home Buyer in the Sunshine State!
Thomas Purchases His New Home!
Thomas contacted us as he was looking for a new home and wanted to understand his price range and borrowing capacity. Using his salary and financial position, we were able to outline Thomas’s option which gave him clarity when making offers on property.
As Thomas was purchasing in Queensland, we helped him source a conveyancer who understood the state’s unique property transfer laws and guided him through the process.
5 business days after lodgement we received loan pre-approval from a bank who we identified as best meeting Thomas’s requirements due to their low interest rate, quality lending policies and offering of home buyer schemes.
We are pleased that we were able to help Thomas enter a new chapter in the Sunshine State! We wish Thomas all the best and look forward to supporting him into the future as an ongoing client.
Michelle & Brad - Family Home Buyers
Congratulations to Michelle and Brad on buying a new family home 
Sarah & Zak - First Home Buyers
More first home buyers on the scene! Congratulations Sarah & Zak!
Tim & Paige - Home Buyers
Congratulations to Tim & Paige on buying their family home 
Josh & Deb - First Home Buyers
Congratulations to Josh and Deb on buying their first home
Josh and Deb initially come to us with a clear idea of where they wanted to live but they were unsure if they wanted to build or buy an established home or what exactly they had as a borrowing capacity.
We ran through different scenarios with them including eligibility for the First Home Loan Deposit Scheme, First Home Owner Grant, Stamp Duty Concessions and their borrowing capacity and estimated interest rates and repayments for each option.
After they had settled on an option we proceeded to apply for a pre-approval. It was lucky we had run through a few scenarios together as shortly after we started this process with the bank, they found out about some absolutely crazy site cut costs and switched to another scenario away from building a home.
It was certainly a long process for Josh and Deb to work out what they really wanted and what would be most financially appropriate. They managed to settle on an established home which they find themselves in now. We are so glad to have helped them along the way and really love seeing them with a smile on their faces 😊
A lot of love for these two <3
#firsthomebuyer #mortgagebroking #finance #clientfirst
Jake & Lauren - First Home Buyers
Congratulations Jake and Lauren on buying their First Home! 
Jordyn - Purchases a New Car
Jordyns’ New Automobile
Jackson & Alex – Build their dream home
We are excited to see both Jackson & Alex moving into their new home!
We met up with Alex & Jackson in May 2020 as they first embarked on their journey to build their first home. It is now June 2021 and they have just moved into their new place, and we are absolutely stoked that we were able to make another young couples dreams come true!
Building can be a long-drawn-out process, in this case 12 months but we were able to guide Alex and Jackson through paperwork, applications and never-ending questions from the bank and builders. :p
Due to COVID we had to navigate a completely contactless process. We caught up in the beginning to answer all questions about the process and any concerns from the family but moving forwards were able to complete everything over phone and email.
We were able to take advantage of multiple First Home Buyers grants on offer including the First Home Loan Deposit Scheme meaning they would pay no Lenders Mortgage Insurance and receive a rate of 2.99% with a minimum deposit.
We enjoyed working with you both and we hope that your experience was just as good as ours! Congratulation! 😊
#firsthomebuyer #noLMI #stampdutyconcessions #homebuildergrant
Lewy - Builds A House
Congratulations Lewy on moving into your new home!
Mick & Mariah - Are Moving To The Beach
Mick & Mariah landed their own bit of soil
After months of searching far and wide Mick and Mariah took a leap and bought some land close to the sea, where they plan to build their forever home!
We have been working with the couple for several months while they were searching for the perfect spot to live out the next stages of their lives. Fortunately for them they managed to find a little gem of a spot in a completely different part of the world to where they were first looking.
From our perspective, it’s been a pleasure helping Mick and Mariah get their loan and we look forward to seeing the final result of the construction in the future.
For those who are thinking about building the Government have extended the HomeBuilder Grant for building contracts entered into from January 1st 2021 until March 31st 2021. The Grant has also been reduced from $25,000 to $15,000 for this period of time. Contact us for details.
Sami – Buys Her First Home
Soaring Sami Buys A House
First Home Buyer Sami came to us after getting a pre-approval through a bank branch. She wanted to know if there was another option available for her that would let her borrow more.
Being a first home buyer, she was eligible for the First Home Loan Deposit Scheme (FHLDS) which meant she only needed a 5% deposit and would not be charged Lenders Mortgage Insurance (LMI). Saving $1,000’s on her loan which is available with certain banks who are part of the scheme.
We managed to increase her pre-approval with another bank who was more flexible for her situation and allowed her to afford the home she had been dreaming of!
The whole process took no longer than 45 days, she has now settled and is happy as Larry
It was an absolute pleasure helping Sami all the way through the home buying process and we are so happy to be able to make this happen for her.
Phil & Jen - Refinance & Consolidate Debt
🚨The Taylor’s Better Their Cashflow🚨
Phil and Jen have been big advocates for the Chiefs since day dot. They contacted us with an idea to consolidate debt to increase cashflow in these tough times.
Being in their 60’s they were unsure how they would go about refinancing as some banks require some intense exit strategies. With the current low rates, we were able to refinance their current debt freeing up their cashflow in the lead up to their retirement.
Although we had our challenges with the banks in this present environment, it has been our pleasure to help Phil and Jen and get them in a better cashflow position. Now the secret is out they have purchased a new dishwasher with the increased funds and believe it or not ours has just blown up. It should be noted that this photo was taken before all restrictions.
If you would like to take advantage of the low rates or consolidate some debt get in contact with us and we will be more than happy to help.
www.mjfc.com.au/success-stories/
Kates' First Home
🏡Congratulations to Kate on buying her first home!🏡
Kate came to us late last year when she felt she was ready to buy her first home. She wanted to know how much she would be able to borrow and what the estimated repayments would be.
We ran through a couple of scenarios with her and what deposit would be required for each scenario. Kate then took a couple of months to find her perfect home.
This worked out really well for Kate as while she was house hunting, the government announced the First Home Loan Deposit Scheme (FHLDS) which allowed us to sign Kate up to the scheme where she would pay no Lenders Mortgage Insurance (LMI).This meant Kate paid no stamp duty or LMI and was able to get an interest rate starting with 2!We are so happy to have been a part of Kate getting into her first home and hope it’s perfect for her for many years to come.
James & Kara - Insurance & Financial Review
🚨Wheelers’ Path to Protection🚨
Another Tooradin family take steps to join the MJ Financial Chiefs clan.
The Wheelers are expecting their 3rd child in the coming months and with the current environment thought it might be a good time to review their existing insurances and ensure their super beneficiaries and details are up to date and appropriate for them.
After looking at their automated insurance through their industry super funds it was quickly discovered that if they had to claim for Life, Total and Permanent Disability or Income Protection the couple would be affected financially due to insufficient cover. We were able to restructure their Life, TPD and Income Protection levels to reflect their current stage in life.
With the current world climate, it is important you have your insurance reviewed and nominated beneficiaries up to date. Be safe and wash your hands.
Nathan – Purchase's New Work Car
🚘Nathan & Carruthers Brothers Carpentry Expands🚘
After helping Nathan last year purchase his first investment property, he has now seen his business Carruthers Brothers Carpentry continue to grow and required an upgrade to his work car.
We have helped Nathan with getting the finance for his new LDV and look forward to continuing to work with him as grows his business and personal finances.
Evan & Olivia – Purchase New Home
🏡Evan & Olivia Move Into New Home🏡
We were talking to Evan and Olivia for close to a year before they found the place, they now call home. Their situation had a few complications, we were initially finding a lender that considered common debt reduction but due to a change in circumstance and new jobs we had to find a lender who was more flexible with employment policies.
After considering all of their situation we were able to assess how much they were able to borrow allowing them to search and find their dream home.
It was an absolute pleasure helping Evan and Olivia all the way through the home buying process and we are so happy for them now they live in their ideal location.
Ben & Emily – Super / Personal Insurance Review
👨👩👧👧 Collingwood FC Physio Ben Shipperd and Wife Emily Take Steps To Protect Their Young Family Financially & Get a Head Start For Future Retirement. 👨👩👧👧
The Chief community grows by 4 as we welcome the Shipperd’s to the MJ Financial Chief family.
Ben & Emily came to us after having their second child to review their current Life, TPD and Income Protection insurance policies now that their situation has changed. Ben had last reviewed his policy 3 years ago and wanted to ensure he was not overpaying for his insurance.
The couple were also keen to get on top of their current superannuation funds, knowing that structuring their investments and reviewing their current fees would make a difference in their superannuation balance at retirement.
We have restructured both Emily’s and Ben’s superannuation rolling them into a cheaper product with investments that meet their risk profile. This will allow them to build their retirement funds effectively for retirement. We were also able to update both Emily’s and Ben’s Life, TPD and Income Protection levels to reflect their current life stage, whilst finding them cheaper premiums helping their cash flow.
If you are in a similar situation and would like to have a chat with us, please contact us for a free consultation 😊
#financialadviser #financialadviserpakenham #financialadviserbayside #financialadviserfrankston #financialadvisor #incomeprotection
Nathan - First Investment Property Purchase
👷♂️First Investment Property! Amazing Renovation Job!👷♂️
Congratulations on a massive May for Nathan! He has not only purchased his first investment property, but he has also completely transformed the place inside and out.
Check out the pictures below showing what he has done to this place in a matter of weeks adding instant value to his property. If you need any carpentry or renovation services, make sure you get in touch with Nathan Rennie and his brother Brayden Rennie who has helped him out immensely.
From our perspective, it’s been a pleasure helping Nathan with getting the loan for his first investment property and watching the enjoyment he’s had from renovating the home himself.
#firsthome #investmentproperty #renovations #carpenter #finance#homeloan
Jock - Refinances Home Loan & Reduce Interest Rate
🏃♂️ 💸 Jock reduces his interest rate sub 4% 😃
Jock approached us regarding his existing home loan as he had been with his current bank for 4 years and was not happy that they were consistently raising the interest rate on him to a point where it was above 5.00% p.a.
This was affecting his cash flow as his minimum repayments were increasing and the amount of interest he was repaying over the term of the loan was also soaring upwards.
As Jock is self-employed, this limited some of the lenders we could access for Jock. However, we worked closely with him and his accountant to prepare the require paperwork for this application and have managed to reduce his interest below 4% p.a. Saving Jock $$$.
#refinance #mortgagebroking #financialplanning#save #broking
Adam - First Home Buyer
🏡Congratulations to Adam on buying his first home🏡
Adam came to us earlier this year expressing interest in buying his first home. He initially wanted to know how much he could spend, what concessions or grants he was eligible to receive as a first home buyer and what it meant to have guarantors on a loan and if it was appropriate for him.
We sat down with Adam to run through all the specific home buying details that were relevant to him so that he was clear on the process and how much he could spend when he began his house hunting.
After doing this, it didn’t take long for Adam to find his dream home. So we explored his options and managed to find a Financial Institution that best suited his needs!
Adam is now a proud owner of this magnificent home!
If you are wondering how much you can spend we’d be more than happy to walk you through the process of buying your new home.
#mortgagebroking #finance #firsthomebuyer #mjfinancialchiefs
Alana - Debt Consolidation & Refinance
Cardinia CrossFit Gym owner frees up cash flow!
Alana reached out to us late in 2018 to discuss her cashflow as she is a business owner and also has her own family. She discussed how a lot of her time was spent taking classes at the gym which is her passion and that managing the business finances was becoming too time consuming.
When we looked through her business and personal debt together, we noticed that over time her debt had been established in many different areas and that it was not structured in the most appropriate way to suit her needs.
We were able to consolidate Alana’s debt onto a reduced interest rate through one lender which is easier for Alana to manage and has freed up additional cashflow for Alana to spend on growing her gym or spoiling her family.
Anyone in the Pakenham area make sure you get down to check out Cardinia CrossFit Gym! Some amazing classes and people involved down there.
https://www.facebook.com/CardiniaCrossFit/
#debt #consolidation #mjfinancialchiefs #finance #broking #business
Adrian - Income Protection & Superannuation
Mechanic Gets Protection
Adrian is a mechanic and has been wondering how he would be able to pay his bills if he was out of work for a period of time. Adrian had done some surfing on the internet investigating different income protection options; however, he was unsure on all the specific features he required.
We discussed with him what his maximum monthly benefit could be, what wait periods and benefit periods meant and how he is able to claim a tax deduction for his income protection insurance.
Adrian now has an income protection policy that is tailored to his needs with a provider that is cost effective for him as a mechanic.
We were also able to get Adrian on track with his superannuation rolling him over into a cheaper product that allows him to invest appropriately to set him on the right track for his retirement.
#insured #yourlifesimportant #incomeprotection #retirement #keepyourincome
