Katrina Parrington

Mortgage & Finance Broker, Elders Home Loans – Northern Territory – P. 1300 LENDING

  • Enter your email address to subscribe to this blog and receive notifications of new posts by email.

    Join 105 other followers

  • Elders Home Loans

  • Katrina Parrington

    I am a long term Centralian resident with more than 18 years experience in the financial services industry. Initially, in Real Estate in Adelaide before pursuing a career with Elders Insurance Alice Springs and lending roles with major banking institutions where I gained extensive experience in Home Loans and Commercial Lending here in the Alice and in Darwin.

    I have a unique set of skills that ensures I understand your lending needs and can provide you with professional advice and personal service.

    Tel: 08 8953 8800
    email: katrina.parrington@eldershomeloans.com.au

Posts Tagged ‘Lending’

Reserve Bank Cuts Cash Rate to Record Low!

Posted by Katrina Parrington on May 5, 2015

The Reserve Bank of Australia has announced the result of its monthly meeting following a period of inimages[7]tense market speculation.

In what was probably a close decision, board members decided to reduce the official cash rate from 2.25 per cent to a new record-low setting of 2 per cent.

Read the rest of this entry »

Advertisements

Posted in Elders Home Loans - Alice Springs, Elders Home Loans - Darwin, Elders Home Loans - Palmerston, Elders Home Loans Northern Terriotry, Interest Rates, Major Banks | Tagged: , , , , , , , , , , , , , , , , , , , , , , | Comments Off on Reserve Bank Cuts Cash Rate to Record Low!

RBA Announces Cash Rate Notice

Posted by Katrina Parrington on June 3, 2014

by Calida Smylie | 03 Jun 2014236/19 B Kitchener Drive, Darwin, NT 0800

There were no shocks for interest rates today with the Reserve Bank of Australia leaving the official cash rate on hold yet again.   The board has reiterated its firmly neutral stance and kept the cash rate on hold for the tenth consecutive month at a record low 2.5%.  

Governor Glenn Stevens said the board decided to do so as growth in the global economy is continuing at a moderate pace, helped by firmer conditions in the advanced countries. Read the rest of this entry »

Posted in Elders Home Loans - Alice Springs | Tagged: , , , , , , , , | Comments Off on RBA Announces Cash Rate Notice

Turning your home into an Investment Property

Posted by Katrina Parrington on May 30, 2014

In this increasingly mobile world we live in, more and more Australians are becoming property investors by changing their home or principal place of residence to an income-producing investment property.  Read the rest of this entry »

Posted in Elders Home Loans - Alice Springs | Tagged: , , , , , , , | Comments Off on Turning your home into an Investment Property

RBA Keeps Interest Rates on Hold

Posted by Katrina Parrington on October 1, 2013

The Reserve Bank of Australia (RBA) has announced the outcome of their monthly board meeting.

The RBA decided that the cash rate will remain on hold at 2.50 per cent for October.

The decision to leave the cash rate was widely predicted, as consumer and business confidence edges higher and the real estate market continues to recover.

Posted in Elders Home Loans - Alice Springs | Tagged: , , , , , , , , , | Comments Off on RBA Keeps Interest Rates on Hold

Knowledge is Power when it comes to your Home Loan

Posted by Katrina Parrington on September 6, 2013

Knowledge is power when it comes to negotiating the best deal possible for your mortgage!

Do your homework and be definite about what you do or don’t need your mortgage to do.  Packages are offered across the banks with interest rate discounts based on borrowing volumes and sometimes LVR’s (loan to value ratio’s which simply is debt divided by the value of your property) the lower the ratio generally the stronger the deal.

Get a strong understanding of your current lending needs and the type/s of loans you currently hold ie. variable or fixed.  Consider your future lending/investment needs – be honest with yourself clarify your potential lending needs and develop an accurate and complete financial picture.

If you are uncomfortable wrangling with the bank get your local lending professional to do it for you,

Mortgage Brokers work across all of the banks and have this information at their fingertips.  Any Broker worth their salt should be negotiating the best deal possible for their client as a matter of business.

At the end of the day you need to present your lending needs in the best possible light.  Amplify your strengths, highlight strong income, good equity, clean account conduct these are all positives for the bank and for you.  Make it clear that if your bank is not prepared to negotiate you will move your business to a bank that is prepared to work with you.

And, yes there are costs in refinancing – some banks will assist a client with these costs to make refinancing existing lending easier should your current bank refuse to assist.  If the reimbursement of costs is not available do your numbers to ensure you’re making the best move before you jump.

Don’t accept advertised rates, scour the market, research what other financial institutions are offering and armed with this knowledge bargain with your bank.

You don’t get what you don’t ask for is the motto I go by and generally I can shave up to 1% or more off the banks advertised rate armed with knowledge and  a bit of negotiation.

Posted in Elders Home Loans - Alice Springs, Elders Home Loans - Darwin, Elders Home Loans - Palmerston, Elders Home Loans Northern Terriotry, Interest Rates, Major Banks | Tagged: , , , , , , , , , , , , , , , | Comments Off on Knowledge is Power when it comes to your Home Loan

Linkedin Recommendation

Posted by Katrina Parrington on August 28, 2013

Peter van Heusden has recommended your work as Principal – Elders Home Loans, Northern Territory at Elders Home Loans – Alice Springs.

Dear Katrina,
I’ve written this recommendation of your work to share with other LinkedIn users.

Details of the Recommendation: “We have now used Katrina 3 times and have never considered going anywhere else even though we moved away from Alice Springs.
If you want to work with someone you trust Katrina is the one for you.”
Service Category: Financial Advisor
Year first hired: 2010
Top Qualities: Great Results, Personable, High Integrity


Posted in Elders Home Loans - Alice Springs | Tagged: , , , , , , , , | Comments Off on Linkedin Recommendation

 
%d bloggers like this: