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Too many loans, too many payments, too much stress.
Many Australians at some point in their lives can fall into the financial trap of becoming over committed with debt and an increasingly popular solution to this burden is debt consolidation. Debt consolidation loans are designed to make your payments much less and life much easier. By combining your numerous loans into one single loan it allows you to have one monthly payment and one interest rate.
(See Example Below)
HOME LOAN $145,000 $1,170 per/month
CAR LOAN $ 16,000 $ 380 per/month
CREDIT CARD $ 10,000 $ 250 per/month
CREDIT CARD $ 5,000 $ 125 per/month
TOTALS $176,000 $1,925 per/month
NEW CONSOLIDATED LOAN PAYMENT $1,420 per month
Saving $505 per/month
Keep paying $1,925 per/month and you pay this loan off in less than 12 years.
HOME LOANS
At Coastal Financial Solutions, we believe choosing the right home loan should be as simple and easy as possible. The right home loan for you will be the one that suits your specific requirements.
Of course, everyone's needs and financial circumstances are different, which is why we provide a variety of home loans to cater to a wide range of different requirements for our customers.
Whether you require flexible repayment options, a low introductory rate, a fixed rate, or just a simple loan with the lowest rate possible, we will find the best loan to suit your financial circumstances
INVESTMENT PROPERTY LOANS
When it comes to making the most of an investment property, finding the right property in the right location is only half the battle; finding the best finance is the other half.
An investment loan can be the practical way to start building wealth and securing your future. A sound investment strategy is to use the equity in your existing home to build wealth through property investments and residential real estate is one of the most popular forms of investment there is.
Using rental income, taxation benefits combined with the right loan structure means you can get the best out of your investment property purchase.
Whether you are considering purchasing an investment property for the first time or are a professional real estate investor, we can offer loans with very attractive interest rates to approved customers.
LO DOC LOANS
Tired of being told "NO" when you apply for finance because you have trouble establishing proof of income, then you may require a lo-doc loan.
Finance for the Self-employed can be challenging (Figures not up to date, Accountant doing tax now and so on). Today, many lenders offer alternatives for self-employed people and others with no traditional proof of income.
Coastal Financial Solutions can help you with a Lo-Doc Loan which is available to borrowers who previously may have been refused finance for not meeting lenders' traditional criteria.
CREDIT IMPAIRED LOANS
You don't conform to the bank "Norm"?
So you've had a few financial problems. You're self-employed or you work part-time. You have credit issues such as mortgage arrears, paid defaults, unpaid defaults or tax debts.
This will generally mean that the major banks will reject your loan application.
That's ok, because we know that your financial position is as individual as you are. Whether a potential borrower has experienced lifestyle events or just needs to be given a fair go, chances are we have just the right loan for you.
Coastal Financial Solutions can help you with a Credit Impaired Loan which is available to borrowers who previously have been refused finance for not meeting lenders' traditional criteria.
PERSONAL LOANS
Coastal Financial Solutions can help you to obtain finance for personal loans which are available for any worthwhile purpose. Wanting to renovate your kitchen or bathroom, put in a pool, settle personal health bills, take a holiday or obtain a student loan? Then let us help you to get that extra cash for when you need it.
A personal loan is of a shorter term than a mortgage. Instead of being for ten, twenty, perhaps thirty years, a personal loan is usually for between one and five years.
A personal loan can be used to consolidate a number of other loans into one. This will allow you to make one payment instead of many.
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