A note to all our clients, family and friends
Although the COVID-19 seems like a scary time, the best thing to do right now is to turn off the tv and stay calm, positive and wash your hands!
Although most of the lenders are moving their mortgage departments to a “working from home” scenario, this has not stopped them from being able to accept applications from you!
To our clients who currently have applications with one of our 43 lenders, please know that Bloom Capital and the lenders are doing everything they can to get through your application, however please understand that there can be some delays that are outside our/their control. We will continue to update you if there are any changes.
To anyone who is thinking of changing lenders, don’t be scared or don’t delay – it couldn’t be a better time to refinance!! There are many reasons why, just to name a few;
- Interest rates are at the lowest they have ever been due to COVID-19
- Repayments will reduce therefore freeing up some of your money
- You can take this opportunity to borrow some extra funds if you feel any uncertainty
- Switching to a larger lender can provide more financial security in an uncertain time
- Some lenders are even offering up to $4,000 cashback if you refinance
- You can switch to a lender that can offer adequate assistance if you’re unable to work due to the pandemic
- Switch to a lender that offers an offset account so you can save on interest, save you more money and can help with your daily expenses
- If you’re stuck at home quarantined, it will provide you with a job, a distraction and a focus
To anyone looking to purchase a home, it’s a great time to start looking as COVID-19 has also provided us with an interesting opening to get into the market or specific suburbs that normally could be overpowered by international and cash buyers. Plus, you can take advantage of the points mentioned above!
With the advanced technology we now have such as FaceTime, Zoom, Skype, calls, text and email, Bloom Capital is still open for business and we would love to hear from you! It’s business as usual for us, so let it be business as usual for you too.
We wish everybody all the best during these challenging times and hope you and your loved ones stay healthy and safe. If you have any questions regarding the above, please contact us directly.
Much love, Rachel and the team at Bloom Capital 💙
P: 0403 696 789
E: rachel.farrell@bloomcapital.com.au