Our strategists will help you set an objective and choose your tools, developing a plan that is custom-built for your business.
WHO IS
The Riverstone Finance Team is dedicated to providing our clients with honest, straight forward approach to financing property, investments, business ventures. Our commitment to our clients guarantees the best result possible in an market condition.
Managing Director
Jon’s greatest strength is his speed-to-action, together with his willingness to always go the extra mile to find the best and most appropriate lending solution for each of his clients.Available 7 days a week to support his client's needs, Jon has lived in the Brisbane area for most of his life and has over eight years' lending experience at two of the big four. Jon has completed his Certificate IV in Mortgage Broking and holds full membership with MFAA. Jon’s extensive knowledge will assist clients in a wide array of circumstances to find a suitable finance solution for their current and future situation, with his hassle-free approach and a remarkable experience.Jon goes about his work passionately, yet professionally, and with clear communication throughout the entire process and beyond. Whether you are a first home buyer, refinancing existing property, or an experienced investor, Jon will assist you to make the lending process hassle-free.
Senior Relationship Manager
After completing 30 yrs as the State Sales Manager for Australia's leading book publisher, Penguin Books, Graeme has transitioned his skills of people management, relationship management and sales into a new career in finance. His dedication to his clients, providing high levels of customer service and commitment to doing the right thing, has long been the foundation to his success. Graeme is a an accredited Commissioner for Declarations. In his spare time, Graeme is a fanatical Reds fan and travel enthusiast.
We are home loan experts and can help you navigate through the lending process to help you find a home loan that suits you. We have access to over 30 banks and specialised financiers with over 1500 lending products… a service that is at no cost to you.
Manage your cash flow, upgrade equipment and help to grow your business by reviewing our business loans and finance options.
A personal loan can help you to get what you've always wanted. Get a car, get a holiday or better manage your debts and get ahead.
Our passion is to help insure yours… We can help you with home insurance and car, travel and life insurance needs.
There are a range of home loans available in Australia, so it can be hard to understand their features and whether they are right for you. This guide explains all you need to know about what loan is right for you.
Our Address
4/5 Kyabra Street
Newstead, QLD, 4006
Legal
© 2020 - 2021. All Rights Reserved | RiverStone Finance
Leave us a message below & we will get back to you shortly.
Understanding your objectives is key to finding the right investment property. The actual property itself is never the end goal when it comes to investment – it’s the financial element that you’re really concerned about.
First and foremost, decide what your end goal is and then create a plan to get there within a realistic timeframe. Remember to review this plan regularly as your situation and the property market changes.
Location is critical to performance. Things to consider when it comes to location include:
Always check your financials before deciding to purchase a property. Get pre-approval and make sure you have all extra costs available, including conveyancing, inspections and any taxes – and always ensure you have a financial buffer.
You want to appeal to the highest number of tenants, so look for properties that offer that little something extra, like a second bathroom or a lock-up garage.
Also look at properties that appeal to many segments. For example, a lift may appeal to both retirees and a young family, as both will be looking to avoid stairs. Just make sure the benefits outweigh any extra costs.
Refinancing is essentially moving from your existing home loan to a new home loan. The most common reasons people refinance are to get better interest rates, access to more or improved loan features, or to consolidate several debts into one mortgage.
When you refinance, you can stay with your current lender – which can reduce hassle if you do all of your banking with the same institution – or switch to a new one.
Once you know where you stand with your current lender, it’s time to do some homework. You’ll want to find out if you can get a better rate – or more suitable loan conditions – elsewhere. Remember, it’s not just the ‘big four’ banks; there are lots of smaller banks and non-bank lenders out there.
Your broker can help you identify the best loans for your circumstances, negotiate with lenders on your behalf, and explain home loans that have features that might be important to you.
If you want more flexibility in your loan, for example, they might suggest switching to a mortgage that lets you make unlimited additional repayments, or a loan that has a redraw facility and an offset account. Alternatively, you might want to stick with your current loan but access your equity for an investment property.
After you’ve decided what you want from a new home loan, your broker will review your financial situation to estimate the amount you can borrow.
Your broker collates all the paperwork and handles lodgement.
Make sure the terms of the loan have been explained to you, and ask questions if anything is unclear. You should understand:
Once your application is approved, you will receive a letter of offer and contract for the new loan. After signing the contract, you will reach settlement. Your new home loan is then drawn down, which means the funds from your new loan are used to pay off your current home loan.
The Discharge of Mortgage document will be registered with the Land Titles Office for you. Your new lender will lodge a Discharge of Mortgage document with the Land Titles Office. From here you can start making repayments on your new loan. Don’t let the approval process concern you – it may sound complicated, but if you’re using a broker it basically happens in the background.
It’s a good idea to review the mortgage market at least once a year, to make sure your home loan is still the best one for your needs. When you do this, consider consulting with a broker so you make an informed decision.
An SMSF is a special type of trust that people can set up to manage their own superannuation. Like a normal super fund, your employer contributions still get paid into the fund and you can make additional contributions as you see fit.
However, unlike a normal super fund, the trustee (either you or your company) has direct control over the assets that your superannuation is invested in.
Many people also use their SMSF to help plan for their retirement and assist with tax planning.
There are 3 major different types of business vehicle finance and business equipment finance. Buy, Hire or Lease. and its best to speak to your accountant before
There are 3 major different types of business vehicle finance and business equipment finance. Buy, Hire or Lease. and its best to speak to your accountant before
There are a number of personal insurances you need to consider when borrowing money and in general, to insure you are protected in the event something happens to your biggest asset... you! Depending on your circumstances you may need one or more of the following:
There are a number of personal insurances you need to consider when borrowing money and in general, to insure you are protected in the event something happens to your biggest asset... you! Depending on your circumstances you may need one or more of the following:
There are a number of personal insurances you need to consider when borrowing money and in general, to insure you are protected in the event something happens to your biggest asset... you! Depending on your circumstances you may need one or more of the following:
Variable loans are loans that are subject to interest rate fluctuations. Whenever your bank increases or decreases interest rates, you will end up either paying more or less for your loan, depending on what the bank has decided to do.
A typical owner-occupied mortgage is taken out over 25 or 30 years, although you can reduce the overall term by making higher or more frequent payments. Mortgages are either based on principal (the amount you borrowed from the bank) and interest (the amount you pay back for having borrowed that money) loan repayments, or interest-only repayments (generally available for 1-5 years for owner occupied loans and 1-10 years for investment loans) where none of the principal component of the loan is paid down.
These loans allow amounts of finance to be drawn down progressively to cover the various stages of a construction project. Repayments (generally only on interest for the first 12 months, then principal and interest thereafter) are only made on the amount of the loan facility that has been drawn down. However, there are line fees on the undrawn amount, or in most cases on the total facility limit.
The rules around borrowing funds within a self-managed superannuation fund are complex. Borrowings with a SMSF must be undertaken through a limited recourse borrowing arrangement, which limits the recourse of the lender to a single asset.
With mortgage lenders offering so many different products, getting professional advice is a must. A mortgage broker will support you with recommendations about what’s best for your personal circumstances.