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Get the low down on services, property tips and great offers with Energise Home Loans Spring newsletter!



Welcome to Spring!!

Hello! And welcome to our favourite time of the year. So lovely to be writing this on a crisp day with plenty of sunshine and not a cloud in the sky - it seems like the perfect introduction to the new season.

In this issue:


We're keen to remind you of our recently launched 'Energise Referral Program'. Check out the details below on how you can earn a $100 Eftpos card for every successful client loan that you send our way! Plus you receive an entry into our competition to win a spectacular cruise for two to Alaska, valued at $9,830!

Plus read our feature article on a hot topic right now - 'Should I Fix My Interest Rate?'. 

And don't forget to enter our competition below, just for being a subscriber to our newsletter (and a fabulous and valued Energise Home Loans customer of course!).

Plus check out our Spring recipe to take advantage of all of the lovely fresh produce around at this time of the year.  
 

We wish you a bright and fun filled Spring. And for those of you that are about to come out of hibernation and hit the property market this Spring, be sure to get in touch with us NOW so we can help to get you in the best possible position to compete in a hectic real estate market.    
 

Warm regards,
Brian and Rebecca Rusten


Should I Fix My Interest Rate?     

image courtesy of freedigitalphotos.net

Interest rates and home loans continue to be a hot topic in financial circles. 2015 has seen the lowest cash rate - and resulting interest rates - in Australian history. Can they go any lower? Opinion remains divided as to whether they will go any lower - and also when.

In addition, the RBA no longer controls whether your home loan interest rate will go up or down. Lenders have been setting their interest rates independently of the RBA for around four years. The only thing that IS certain is that they WILL eventually rise again.

So what loan is the right one for YOU? Well, that all depends on your circumstances. Variable and fixed loans have their advantages and disadvantages so it’s imperative to consider these before making a decision. A number of lenders have recently reduced their fixed rate loans and there are even a couple of lenders that allow you to redraw the excess payments during the fixed term. Split loans combine features of both variable and fixed loans allowing you to broaden your options. 

Features To Consider

It is important not to judge a home loan solely on interest rates. Be aware of other fees including upfront fees and ongoing monthly fees. We can help you review the costs and benefits of extra features, such as an offset account or redraw facility, possibly saving you money. Other loan features to pay attention to include lenders waiving fees and charges for other accounts held with them (such as monthly transaction account keeping fees). Make sure extra repayments are not penalised. Some loans, such as fixed loans and some no-frills variable loans, may limit the amount that you can reduce your loan.

How Easy is it to Switch to Another Home Loan?

Many people end up paying more than they need by staying with an existing loan or lender because they think it is ‘too hard’ to investigate switching to another option. You should ask yourself whether the loan and structure you have is working for you and whether you have achieved your financial objectives. Can you improve on those?
 
Many people end up paying more than they need by staying with an existing loan or lender because they think it is ‘too hard’ to investigate switching to another option. You should ask yourself whether the loan and structure you have is working for you and whether you have achieved your financial objectives. Can you improve on those?

If it’s time for you to have a finance review, call the office for our Finance Update form. Simply complete the form, scan and email back to us. We will contact you to book an appointment if we believe it will be beneficial to have a chat.

Advantages of Variable Loans  

•  When the Reserve Bank or lending institutions lower interest rates, these savings will usually (but not always) be passed on to you.
• You can make additional repayments without incurring a penalty, then have the option to redraw the additional funds at a later date.
• Provides more flexibility than other types of loans

Disadvantages of Variable Loans
 •  When the Reserve Bank or lending institutions increase rates, the interest rate on your loan will also increase. As a consequence you will pay more interest.

Advantages of Fixed Loans  

•  If interest rates increase during the fixed period, your loan interest rate and repayments will not rise. Loans can typically be fixed for periods between 1 to 5 years.
• Budgeting is easier by offering you the predictability of a set repayment each month and giving you security over your financial situation.

Disadvantages of Fixed Loans 

 • When interest rates go down, the rate on your loan will remain the same so you will not have the benefit of potential savings.
• Most fixed loans limit the flexibility of being able to make extra repayments to repay your loan early. Some lenders allow extra payments for a fee, however generally you are not able to redraw the extra repayments during the fixed rate period.
• If you choose to exit or switch your loan, there may be early termination fees.

As your finance specialist we research alternative products and/or available lenders. If changing products is suitable for your situation, we help make the process as smooth as possible – even if you wish to stay with the same lender!

The ban on exit fees came into effect in 2011 and applies to home loans entered into after 1 July 2011. Many lenders have also extended the removal of exit fees to existing loans. Check with us first! We can advise you if there are any exit charges for your individual loan. Standard costs such as mortgage stamp duty and mortgage registration will also apply (although in some states you may be exempt from paying mortgage stamp duty).

If you HAVE NOT reviewed your financial situation in the last 12 to 18 months then you are more than likely MISSING OUT on some great finance offerings. It costs nothing for us to double check your situation and may in fact save you hundreds each month.
 

If it’s time for you to have a finance review, call the office for our Finance Update form. Simply complete this form, scan and email back to us. We will contact you to book an appointment if we believe it will be beneficial to have a chat.



Win a Spectacular Alaskan Cruise On Us! 

We’re offering the chance to win a spectacular cruise to Alaska for 2, valued at $9,830! Plus, refer your friends and family to Energise Home Loans, and you’ll gain an extra entry too! We promise to look after them! (and they’ll receive an entry into our competition too!)
 

Click here for your chance to win.

 

Can you help to 'Energise' our business?   
 


 
Just a reminder about our recently launched 'Energise Referral Program' to show our customers how much we appreciate your customer referrals of friends and family. Simply refer someone to us that you think would benefit from our services (who doesn’t know someone that would like to pay a lower interest rate on their home loan right?), and for every customer that you refer that results in a settled loan, we will send you a $100 Eftpos gift card, that can be used anywhere Eftpos is accepted. And don't forget that we don't just do home loans. You can refer people to us for:
  • car loans
  • business and equipment loans
  • funds for renovations or investment properties
  • trust and self managed superannuation loans.   
For more information and to start earning your gift cards right away, just click here.
 


Spring Vegetable Lasagne  
 
Spring is in the air! Here's a recipe that we enjoy at this time of year that you may like to try too.

30g butter
1/4 cup plain flour
1 1/2 cups milk
1 bunch asparagus, trimmed, thickly sliced
2 zucchini, cut into ribbons
2 green onions, trimmed, cut into 8cm lengths
1 bunch English spinach, trimmed
10 dried instant lasagne sheets
1 cup frozen peas
250g fresh ricotta
2 roma tomatoes, thinly sliced
2/3 cup chopped fresh basil leaves
1 cup grated pizza cheese
Extra basil leaves, to serve


Step 1
Preheat oven to 200°C/180°C fan-forced.
 

Step 2
Melt butter in small saucepan over medium heat. Add flour. Cook, stirring, for 1 minute or until bubbling. Remove from heat. Gradually stir in milk until combined. Return to heat. Cook, stirring constantly, 3 minutes or until sauce boils and thickens. Remove from heat. Season with salt and pepper.

Step 3
Bring a medium saucepan of salted water to the boil. Add asparagus, zucchini and onion. Boil for 2 minutes. Remove with slotted spoon. Drain on paper towel. Add spinach to pan. Cook for 1 minute or until wilted. Remove with slotted spoon. Squeeze out excess moisture when cool enough to handle. Roughly chop.

Step 4
Cover the base of a 20cm x 28cm (8 cup- capacity) ovenproof dish with 2/3 cup white sauce. Layer 1/4 lasagne sheets trimming to fit. Layer asparagus mixture, peas and 1/3 ricotta. Top with 1/3 of remaining lasagne sheets, 1/2 spinach, and 1/2 remaining ricotta. Repeat. Top with remaining lasagne sheets and remaining white sauce. Arrange tomato and basil leaves on top. Sprinkle with cheese.

Step 5
Bake for 45 minutes or until golden and pasta is tender. Serve with extra basil leaves.
 

Recipe and image courtesy of taste.com.au


Last Laugh 
 

And to finish off, here's a little 'Energise' humour for you:

Two fish are in a tank. One turns to the other and asks "How do you drive this thing?"



And last but not least: 

A couple was having a discussion about family finances. Finally the husband exploded, saying "If it weren't for my money, the house wouldn't be here!" The wife replied, "Honey, if it weren't for your money, I wouldn't be here!"
Brian Rusten
Mobile Finance Consultant
M: 0411 066 616

Rebecca Rusten
Business Development Manager
M: 0411 066 670

Welcome to Energise Home Loans. Our aim is simple - to provide everyone we touch with a stress free, fun filled property lending experience.


Our Services
Buying Your First Home
Buying Your Next Home
Refinancing / Debt Consolidation
Buying an Investment Property
Superannuation Fund Loans
Trust Loans
Business Finance
Personal and Car Loans
Referral Services


MFAA Approved Broker



Brian Rusten is a fully accredited member with the industry association, the Mortgage and Finance Association of Australia (MFAA), the peak body for the Australian mortgage industry.
All MFAA members belong to an independent dispute resolution scheme such as the Credit Ombudsman Service Limited.
Loan writing members are also required to become Accredited Mortgage Consultants (AMC). An AMC is covered by professional indemnity insurance, has passed probity checks, and has met education and experience requirements set out by the MFAA.
* Brian Rusten (Credit Representative No.
 M0019638, ABN 72132125636) is a representative of Mortgage Line Australia Pty Ltd (ACN 107284677 ("MLA"), Australian Credit Licence Number 386276).
 
Copyright © 2015 Energise Home Loans, All rights reserved.

Our mailing address is:
PO Box 140, Belrose NSW 2085