Interest rates do of course matter but so does finding a lender who understands your goals, your income and your next big move. While mortgage holders breathed a sigh of relief with this week’s rate cut, the truth is that securing the right interest rate is just one piece of the puzzle. In Australia, we’re fortunate to have a wealth of lending options, but most borrowers don’t take full advantage of what’s on offer. Too often, people rely on a quick Google search for cheapest rates, stick with their original bank or trust an online comparison site to do the thinking for them.

Director of PPD Money Matt Cambridge explains, “Mortgage brokers are your advocates in a complex and ever-changing financial and real estate landscape. Having the right broker isn’t just about getting the cheapest rate, it’s about securing the best solution for your needs. All banks and financial institutions are not the same; whether you’re financing your family home, an investment property or a business loan, different lenders suit different scenarios and it’s our job to know which bank and which loan is best for our clients.”

PPD Money Director Adam Rakowski agrees, “Some banks specialise in professionals like doctors and lawyers, others in low loan-to-value ratios, and some in self-employed clients. At PPD Money, we take the time to understand your circumstances, goals, and requirements so we can be in your corner to get you the best results.

Let’s take a hypothetical situation; Jane is searching for her dream home and has her eye on Christian West’s beautiful resort-style family home in Maroubra (46 Garrett Street Maroubra). Her current bank has offered pre-approval for a standard 30-year principal-and-interest loan at 5.90%. What the bank hasn’t factored is Jane’s 60% loan-to-value ratio or her plans to invest in property with her sights set on a stunning Darling Point apartment listed with Sean Poche (1/25-27 Mona Road, Darling Point). The simple fact is that, as a business owner, her real earning power isn’t fully reflected in payslip calculations.

Peter Hunt from PPD Money sums it up perfectly: “Banks, websites and chatbots don’t know the right questions to ask, don’t understand your future plans, and can’t maximise your financial capacity. At PPD Money, we can and, more importantly, we want to!”

The lesson here is that your circumstances are unique to you. Whether you’re salaried or self-employed, buying your first home or adding to a portfolio, the right advice can make a huge difference to your financial future. Talk to PPD Money today and let the team help you make the smartest decisions for your unique goals and situation.