Covid-19 Update and Financial Relief
Mar 24, 2020 by Michael
Covid-19 Loan Repayments
If you’re concerned about your loan repayments during this Covid-19 crisis, please reach out to your broker who can guide you through the process of obtaining some relief. We are here to assist you through this process including helping you complete the forms to apply.
Relevant Links here for packages available:
- CommBank: https://www.commbank.com.au/latest/coronavirus.html…
- ANZ: https://www.anz.com.au/perso…/home-loans/your-loan/covid-19/
- NAB: https://www.nab.com.au/…/c…/covid19-help/home-owners-support
- Westpac: https://www.westpac.com.au/help/disaster-relief/coronavirus/
- St George: https://www.stgeorge.com.au/about/sustainability-and-community/disaster-relief/covid-19?pid=iac:br:COVID_2003::hpg_a
- Macquarie: https://www.macquarie.com/au/personal/forms/financial-hardship
- ING Direct: https://www.ing.com.au/help-and-support/tips-hints-guides/financial-hardship.html
- Suncorp: https://www.suncorp.com.au/banking/help-support/financial-difficulty.html
- AMP: https://www.amp.com.au/home-loans/financial-hardship
- Bankwest: https://www.bankwest.com.au/personal/guides/financial-hardship-assistance
Other Financial Relief
The Government announced new measures on 22 March 2020 to provide support to affected workers, businesses and the broader community. Financial support is available to help you manage the affects of the coronavirus.
Watch out for scammers who try to take advantage of coronavirus (COVID-19). Scams can take many forms. Be wary of offers to assist you access your superannuation or high-return investment opportunities.
The Government, Reserve Bank of Australia and the Australian Prudential Regulation Authority have taken coordinated action to support the flow of credit in the Australian economy, in particular for small and medium enterprises (SMEs).
Other information
If you need help with stress and depression then please reach out to Lifeline.
Lifeline: 13 11 44
The Australian Tax Office has information relating to Covid-19 on their website. This includes information for expats and tax residents living overseas.
Finally get in touch with us if you have any questions or concerns.
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KarynMAP home loans were referred to me by my Financial Advisor. I was looking to purchase my forever home as I transition to retirement. It was a long shot that I would be able to purchase another home but with the help of Justin at MAP Home Loans this become a reality. I would recommend contacting Justin for your home loan needs.
Grant VolrathI was referred to MAP Home Loans through a 3rd party and can say that I was very well satisfied. Justin never missed any communication and seemed to go above and beyond to help us with our loan. Not only that but the care before and after along with guidance he got us a couple government grants too. Absolutely fantastic Job and will definitely be passing on his information to any friends and peers.
CatiaA huge thank you to Justin for his outstanding service! Finding the perfect place was no easy task and it took a while, but Justin’s support made all the difference. He was always available, providing expert advice and guidance every step of the way. He ensured that I was prepared for the application process, leading to a smooth and successful outcome. I couldn’t have asked for a better experience, and I wholeheartedly recommend Justin. Thanks for helping with this important milestone for me and my little family.
