RyRo Loan Centre

Video with Sumit Joshi, RyRo Loan Centre

Cheaper rate or the right strategy?

What this video covers

Should you chase the cheapest rate or the right strategy? How offset accounts, equity and the right loan structure can matter more than the rate over time.

Related: Refinancing

Sumit Joshi, principal broker at RyRo Loan Centre

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Transcript

What Sumit says

0:00Cheaper rate or the right strategy? Which one wins? Cheaper rate sounds great. It means lower repayment, short-term savings, but it may lack flexibility and the potential for future investment if the strategy is not right. A smart mortgage builds wealth, not just save dollars.

0:19It leverages offset accounts and equity for investments, supports negative gearing and maximizes the tax benefits, helps expand portfolio for future financial growth. Many a times I have seen that my clients or any clients are generally focused on a lower interest rate. However, once we have a meeting, we show them different things.

0:40What are the benefits of selecting the right product, whether it's interest only for investment, whether it's maximizing the amount of loan for investment purposes or many other issues. Once they understand that it's about the right product, they do not worry too much about the interest rates. They'll say, Sumit, let's focus on the right strategies, which helps me buy properties in the time to come

1:05and does not limit my borrowing capacity or any other variables. Are you ready to build the right mortgage strategy? DM me. Let's plan your financial future.

Transcribed from the video and lightly corrected. General information only, not advice for your situation. See our disclaimer.

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Every situation is different. Talk yours through.

Tell Sumit where you are at. He looks at your income, debts and plans, and explains your options with no obligation.
Sumit Joshi, principal broker at RyRo Loan Centre

Talk it through with Sumit

Tell us your situation. A broker reads it and calls you back.

Free, no obligation. We generally respond within an hour.

Google5.0360+ Google reviews

We generally respond within an hour. Prefer to pick a time? Book your strategy call online or contact us.

Sumit Joshi of RyRo Loan Centre smiling in a blue suit and gold tie

Sumit Joshi JP

Principal broker, Credit Rep 446824

  • A broker reads your details and calls you back
  • No obligation and no credit check
  • Free for home loans: the lender pays us
From 360+ Google reviews
5.0
Clients helped
2,500+
Broker fees on home loans
$0
“Sumit is an outstanding mortgage broker. He patiently worked through our application and got us an awesome result when many other brokers wouldn't assist as we are small business owners. Thank you!”
Belinda White · Google review

Sumit Joshi JP, Credit Rep 446824. AFG Award Winner 2013 to 2019 and AFG Excellence Awards finalist 2022 to 2026.

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