Kim Narayan
Mob: 0414 845 371
Mortgage Broker. Home Loans. Parramatta, Greystanes, & Toongabbie.
Are you looking at entering the property market? First time buyer and not sure where to start? Looking to start or add to your investment portfolio? Not sure if your current rate and product is the best to suit your needs? Looking to consolidate or re-finance your debt to make your repayments more affordable?
Please feel free to give me a call on either 0414 845 371 or 1300 456 799 or just simply click on the contact us button at the top of the page.
I've been with Mortgage Choice for over 4 years and also have a background in the Real Estate Industry. This experience can benefit you as I'll guide you throughout the purchasing process. The biggest kick I get out of being a Mortgage Choice broker is finding the right loan to help someone buy the home of their dreams.
During my time as a Mortgage Broker I've been lucky to have helped many first home buyers, investors, and those looking to refinance their existing home loan (to consolidate debt or lower their monthly repayment).
The biggest point of difference I can offer you is the level of service that I provide to my customers. I'll take care of your application, will do all of the running and will keep you informed throughout the process.
As your local Mortgage Choice broker in Parramatta, I'm passionate about finding the right home loan for you. The home loan that suits your needs, not the lenders!
Don't hesitate to give me a call on 1300 456 799 or mobile 0414 845 371. You can also email me at kim.narayan@mortgagechoice.com.au. I'm available to come to you day or night seven days a week to your home or your office.
Western Sydney including area such as Parramatta, Harris Park, Greystanes, Merrylands, Merrylands West, West Toongabbie, East Toongabbie, Old Toongabbie, Greystanes, Girraween, Mays Hill, Pemulwuy, Pendle Hill, Girraween, Dundas, Dundas Valley, Oatlands, Telopea, Ermington, Rosehill, Rydalmere, Constitutition Hill, South Wentworthville, Wentworthville
Free Investment and First Home Buyer Seminars!
I am hosting free seminars for investors and first home buyers on the 21st and 28th of September respectively. Come along and enjoy a free Gloria Jean's coffee and learn tips, tricks and trends from special guest speakers including investment guru Nathan Birch!
To register your interest, please contact me on 0414 845 371 or kim.narayan@mortgagechoice.com.au
First homebuyers' first mistakes!
Over the past few months there has been a noticeable increase in the number of first homebuyers walking away empty handed. Too many first homebuyers are under-prepared for purchasing and are not ticking the boxes when it comes to loan approval criteria.
Without a guarantor first homebuyers need to be aware of the following key changes:
100% loans no longer exist. You can't borrow the full purchase price.
You must have built up at least 5% deposit from genuine savings over at least three consecutive months.
Taking on too much debt from other sources (e.g. credit cards, personal loan) can affect your ability to have your desired loan amount approved; and
Remember your First Home Owner Boost cannot be considered as part of your deposit.
If you're a first home buyer and you are worried you don't have enough savings, afraid you won't be able to borrow the amount you want or just unsure about the loan process, I'm here to help you free of charge. There are plenty of loan options available including buying with friends and family. Give me a call today on 0414 845 371.
With interest rates moving should I refinance my loan?
Refinancing should be considered when you want to take advantage of a debt consolidation savings plan, or if you want to switch loan products to one that will pay off your loan faster or better suit your lifestyle and needs. It may also be appropriate to refinance your loan when you are considering a major purchase such as an investment property, car or renovation. If you are considering refinancing it is important to have your break costs clearly explained before you work out your overall savings. If you want to find out if refinancing is right for you give me a call on 0414 845 371.
First time investors keen to make the most of it
First time and seasoned investors are starting to make the most of the current market. Rising rents, limited vacancies, falling interest rates and relatively stable property prices all spell good news for those wanting to climb the property ladder.
To create wealth through investment first time investors need to do their homework. A few points to consider when looking to buy an investment property include:
Suburb reputation and location e.g. close to the city, waterways, parks;
Proximity to transport, shops, cafes and other entertainment;
Proximity to child minding facilities, schools, or other educations institutions;
If it needs any repairs or renovations now or in future, for tenant's comfort and for resale;
If it is a unit, the trustworthiness of strata and the sinking fund level;
The type of neighbours;
Infrastructure planned for the area
Hello I'm Kimberly Narayan and I want to help you with your home loan needs. Call me today on either 0414 845 371 or 1300 456 799 or simply e-mail kim.narayan@mortgagechoice.com.au or click the contact us link at the top of the page
*This information refers only to loans provided by our panel of up to 26 lenders with whom Mortgage Choice has an arrangement, under which it receives commissions and other payments.
Testimonials
I have known Kim for about two and a half years now. She helped us with our first mortgage using the first home buyers grant. Kim came to our home and went through all the mortgage options. After the first consultation, we kept in contact through email and phone which made the process very easy and flexible. Kim is always available for any questions and doesn't mind explaining things two or three times over. We were so happy with Kim's service that we used her again to obtain a mortgage for the purchase of our block of land. We were grateful that Kim could help us given we now live outside of Sydney. We didn't really want to find another broker considering we were so comfortable with Kim and trusted her advice. Nick and Carla Tierney, Lithgow, NSW
As a first home buyer, Kim was great in helping me to choose the right home loan, answer all my questions (no matter how big or small!), and made the whole process as easy and stress-free as possible with her super-friendly demeanour and approachability. Gabrielle Crocker North Parramatta, NSW
Over the past 12 months my husband and I have purchased two investment properties. We have been privileged to utilise there services of Kimberly Narayan as our Mortgage Broker. We found Kimberly to be very attentive, polite, efficient and always pleasant. She certainly helped ease dealing with lenders and took a lot of the hastle out of property acquisition. We would highly recommend Kimberly to any of our friends and family and would have no hesitation in using her broking expertise with any future purchases. Susanne Jones, Braidwood, NSW
To Whom it may concern. Kimberley handled our home loan arrangements for us from start to finish. We found that having her at the end of the phone was such a load of pressure off for us. We were also surprised that the geographical distance wasn't an issue. Any time, any day, she was there with clear, professional, un flustered answers and support. It was so easy and straightforward for us – we had the one person who either knew the answers or would get them for us. We would enthusiastically recommend Kimberley to anyone needing this service. David & Joanne Sinnamon, Rockhampton, QLD.
How to choose a home loan
Here are 5 essential tips that you should consider when choosing a home loan:
1. Interest rates
Interest rate is obviously important, but remember that you are not simply looking for the home loan with the lowest interest rate because there are many other considerations.
For example, the mortgage lender with the ‘best’ interest rate may have high ongoing fees and therefore your home loan may cost you more in the long term than a similar one with a higher interest rate.
Be sure to consider ‘break and switch’ costs as well because if you decide to pay out your home loan or refinance before time will you be charged exorbitant fees to do so.
Also, be wary of an introductory rate. It may be ‘cheap’ at the start but it may also revert to a much higher rate after once the introductory term has finished. You should try to negotiate an interest rate discount with your mortgage lender over the longer term.
2. Features and flexibility
What are the home loan features that you need? Home loans with the ‘best’ interest rate may not have all the features you need or be as flexible as you need it to be. For example, do you want the ability to pay extra so you can prepare yourself for future rate rises and also create a buffer if your financial circumstances change?
You also need to consider the accessibility of your mortgage lender in terms of ATM, internet, face-to-face contact, etc. Decide what you need and ask whether your chosen home loan lender has the features available.
3. Consider the current home loan approval times
Is your home loan approval time critical? If so, the lender with the ‘best’ home loan may not be able to get your loan approved in time. During peak processing periods, lender service times can vary between 2 to 20 working days.
4. Compare home loan products
Visit a reputable mortgage broker with more than 20 lenders on their panel. This way, you can research and compare a broad range of home loans and lenders all within the one visit.