Skip to content

LIFT LENDING – MORTGAGE BROKERS

01

About us

Lift Lending provides access to the latest and most comprehensive list of products and services to best meet your financial needs. We specialise and are passionate about helping clients achieve their financial goals whether it be for first home buyers, financing or investment. This means taking the time to understand your short and long term goals with your life aspirations to negotiate the right finance options for your needs from the hundreds that are available. We will support you throughout the process and will work with you long after your loan has settled to make sure you are still getting the best value and most suitable loan for your ever changing lifestyle and goals. We have access to platforms and expertise from various groups including Mortgage Australia Group, AFG and our extensive list of industry specialists. If you want to become mortgage free faster and easier and to discuss or review your loan requirements call on the details below. Start saving today!

02

How we can help you?

Via our access to a diverse and comprehensive list of products and services

Working out your needs and requirements should not be rocket science How many times has the thought of trying to get a better structure to your financial requirements seem too overburdening? People often tend to leave this or put it in the ‘too hard basket’.  Whether you are new to the market, trying to simplify or find a better product or rate, we can provide the assistance that better meets the needs of your portfolio. We can provide access to assistance in determining your serviceability and portfolio needs through our extensive brokerage platform we use. By entering in your specific needs into the tools, we can help narrow down the products and rates that best suit your needs. The platforms we use help minimise the amount of rework when applying for different products through different institutions, saving you time.

Do you have a low deposit?

Have you got only a low deposit or are new to the market? – We can help.

Need to work out your overall loan size and see what is available?

How much can you borrow against your assets and find the best product for your needs. – We can help.

Not sure if you can service a new loan?

Not sure if your income can allow you to service the loan for your needs, whether it is a new house or your portfolio of loans? – We can help.

Meet your needs

We strive to find the products and services that best meet your needs – always.

03

Our Team

Sandra

Specialist Mortgage Broker / Partner

Peter

Partner

04

Testimonials

05

Latest News

News from our social media feed

Cover for Sandra & Peter Erdel - Lift Lending Peakhurst
39
Sandra & Peter Erdel - Lift Lending Peakhurst

Sandra & Peter Erdel - Lift Lending Peakhurst

www.liftlending.com.au Provides mortgage and lending product support to meet personal and investme

Sandra & Peter Erdel - Lift Lending Peakhurst

2 days ago

Sandra & Peter Erdel - Lift Lending Peakhurst
Get new equipment. Keep your cash flow. ... See MoreSee Less

Photo

View on Facebook
· Share

Share on Facebook Share on Twitter Share on Linked In Share by Email

Sandra & Peter Erdel - Lift Lending Peakhurst

2 days ago

Sandra & Peter Erdel - Lift Lending Peakhurst
Six Steps to becoming mortgage-free - Step 2: Change your frequency...Do you wish there was a way to own your home sooner - without a mortgage? Do you often wonder what it would be like to worry less about your repayments, and more about planning your next holiday?What if there was a way to reduce the length of your loan, without making huge financial sacrifices?Well, the good news is that there are six steps you can implement today that will make a huge difference to the time it takes you to pay off your loan.Last week we discussed the importance of shopping around to make sure you have the best loan in the first place. A small saving now could translate to enormous financial and time savings over the life of your loan.Today there is another simple step that can really make a difference to the amount of interest you pay on your loan. And it's as simple as changing the channel on your TV. (Well, almost!)Change your repayment frequency.Lenders calculate the interest on your loan daily. So even though your repayments might be made on a monthly basis, your interest is accruing all the time - even while you sleep.By changing your repayments to come out fortnightly, you'll pay your loan off faster. You will also reduce the total amount that you pay on your loan.This could mean reaching your financial goals a little sooner, and having more money in your pocket at the end of the day.Stay tuned for your next step to becoming mortgage free! ... See MoreSee Less

Photo

View on Facebook
· Share

Share on Facebook Share on Twitter Share on Linked In Share by Email

Sandra & Peter Erdel - Lift Lending Peakhurst

5 days ago

Sandra & Peter Erdel - Lift Lending Peakhurst
The truth about your Credit File.When the National Consumer Credit Protection Act came into effect in 2010, it was designed to help regulate lenders and prevent consumers from getting out their of depth with debt. One of the spin-offs has been increased scrutiny on would-be borrowers. Lenders now look to an individual's credit file to help determine if they are a good or bad risk.Yes, that's right - a credit file. It sounds very FBI and, in some ways, it is. Your credit file includes your personal information, including your full name, date of birth, driver's licence number, gender, addresses and employer information. It also records any credit applications you have made in the past five years, such as home loans or store financing of household goods, plus any bills you have defaulted on and any financial matters on public record, including any bankruptcies or directorships.Home lenders will look at your credit file to verify your reliability. Being aware of what's on your file and how you can keep it clean, will go a long way to helping you secure a home loan.Previous credit applicationsA previously declined credit application can leave an unwanted stain on your credit file. If you are declined a credit card or a loan, find out why and take steps to rectify the situation before applying for new loans or credit. While your positive actions may not erase the blemish, you can at least demonstrate responsibility with the new lender, which may convince them to give extra weight to other criteria, such as income and a strong employment record.Payment defaultsDon't think that unpaid phone bill from your previous rental matters much? Think again. A payment default is an account of $100 or more that is 60 days or more overdue.Payment defaults can only be included on your credit file if the credit provider has tried to recover some or all of the overdue amount. This means they must have sent a notice in writing to your last known address and requested payment.Payment defaults stay on your credit file for five years, even after you pay the overdue amount.If you don't pay a bill but can't be contacted, you may be declared a clearout. Before you can be listed as a clearout, the credit provider must make reasonable efforts to contact you, either in person (including over the phone) or in writing to your last known address.If you can't be contacted, the credit provider can immediately list the debt on your file as overdue, even if it hasn't been overdue for 60 days or more. Clearouts remain on file for seven years from the date they are listed, even when you have paid the overdue amount.Avoid unpaid bills blighting your credit file by:- Paying on time or at least when overdue notices are sent.- Providing a change of address to all creditors/billers if you move.- Leaving someone to manage your bills if you need to be away for a month or more.HardshipsThey say it's often better to seek forgiveness than permission, but most lenders are happy to discuss what can be done to help if you hit hard times. Far better to fess up to a creditor or lender if you can't make one or two payments than have them whack a black mark on your credit file due to lack of contact.Talk to your Mortgage BrokerBorrowing via a Mortgage Broker is one of the best ways to navigate the credit crunch. A broker will have a good understanding of what financial attributes various lenders are looking for in their borrowers. For example, a lender may give kudos to long service in a job and a solid savings record, which may help offset an unpaid bill from three years ago that appears on your credit file.Your broker can also advocate and negotiate on your behalf. Just remember, it pays to be honest. If you have a mark against you, be up front so your broker can consider the best lender and loan for your situation. ... See MoreSee Less

Photo

View on Facebook
· Share

Share on Facebook Share on Twitter Share on Linked In Share by Email

Sandra & Peter Erdel - Lift Lending Peakhurst

5 days ago

Sandra & Peter Erdel - Lift Lending Peakhurst
Six Steps to becoming mortgage-free - Step 4: Offsets and RedrawsWould you like to cut your mortgage by years and pay less?What if you could get your mortgage all wrapped up in record time, and spend more time doing the things you love?Well, there are six steps you can take now, which will make a real difference to the time it takes to pay off your loan. You could be mortgage-free sooner than you think.In the past weeks, we looked at Step 1: choosing the best loan, Step 2: changing your repayment frequency, and Step 3: Pay more to pay early. Today, find out how offset accounts and redraw facilities can help you move quickly towards losing that mortgage forever. Step 4: Offsets and RedrawsDo you have a savings account that you use to put money away for a rainy day? You might be surprised to learn that this can save you money on your home loan - even if you keep the money in savings. This is commonly referred to as an offset account.Many lenders offer a 100% offset account which, when linked with your mortgage, can dramatically reduce the interest that you pay on your loan. The reason for this, is that the savings 'offset' what you owe, and you're only charged interest on your loan amount - minus your savings.This can have a significant impact on your loan in the long term. For example, if you have a loan of $400k, and keep $30k in an offset account, you could save over $150k in interest over the life of your loan.Another handy mortgage feature to look out for is a redraw facility. This allows you to make extra repayments on your loan whenever you want, but gives you the flexibility of taking that additional money back in the future if your plans change.By taking advantage of offset accounts and redraw facilities, you can take control of your financial goals today, and pay your loan off sooner.Want to escape your mortgage as soon as possible? Stay tuned for Step 5: Don't take candy from strangers. ... See MoreSee Less

Photo

View on Facebook
· Share

Share on Facebook Share on Twitter Share on Linked In Share by Email

Sandra & Peter Erdel - Lift Lending Peakhurst

1 week ago

Sandra & Peter Erdel - Lift Lending Peakhurst
Know your rights as a borrower.As a borrower, it pays to know your rights - and don't be afraid to exercise them!It can all seem a little intimidating when you apply for a loan, and it seems like the lender is putting a lot of conditions on you as the borrower. But what are your rights? Borrowers are heavily protected by state and federal law, and you can expect your lender to keep up their end of the bargain too. You have:The right to know what you're in forThe lender must provide you with a very detailed contract which outlines all of the terms and conditions of your loan in clear language. You should take the time to understand all of your obligations, fees and charges and make sure the loan amount details are all correct.The right to know your interest rateYour lender is required to communicate interest rate changes to you in advance - either directly, or by putting an advertisement in a major newspaper.The right to know your repayment amountThe lender must provide you with written notice at least 20 days before your interest rate is due to increase.The right to a copy of your loan statementA loan statement must be provided to you every six months. You have the right to dispute any transactions that you don't feel are correct or justified.The right to pay out your loan at any timeThere may be some fees involved, but you do have the right to pay your loan out at any time. Accordingly, you also have the right to know your payout figure, which your lender must provide to you within 7 days of receiving a written request.The right to terminate your contract before the funds are drawn downYou have the right to pull out of the transaction if the funds have not yet been drawn down for settlement to take place.The right to get assistance in times of financial hardshipThere is legislation in place to protect you if you experience financially tough times. It's worth investigating the relevant options so that you are ready for the unexpected.But, you would remember from childhood that more rights usually equals greater responsibilities. There are a few obligations that you must keep to your lender as well:Provide truthful, factual information when you apply.- Make all of the repayments on the due date.- Keep the property in good condition and don't make any big alterations without getting permission from your lender.- Take out insurance for the full replacement value of the buildings/structures and keep the insurance policy paid and current.- Don't sell, rent, or mortgage the property without your lender's permission. ... See MoreSee Less

Photo

View on Facebook
· Share

Share on Facebook Share on Twitter Share on Linked In Share by Email

06

Contact

If you would like further information please use the form below

By submitting this form, you agree to our privacy policy.

Disclosure

Credit services provided by Credit Representatives of: Mortgage Australia Group Pty Ltd, Australian Credit Licence 377294

Find Us

We are located in Sydney, servicing any clients around Australia

View the Privacy Policy