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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SimoneJeremy and I would like to thank Justin from the bottom of our hearts. He has been kind, professional, helpful and patient throughout our property purchase process on multiple occasions and always found the best deals and fastest way forward. We recommend him to all our friends and family.
Alex & LaurenMichael has been a pleasure to deal with.
Always informative, quick responses and owns the process from start to finish helping take away any stress.
The ongoing support has also been greatly appreciated and nothing is ever too much.
Once again Michael, Thank you!!
Justin & TayaWe originally thought it wasn’t possible to get a mortgage with one of us being on a 461 Visa. We contacted Map Home Loans, and was put in contact with Michael, who has been instrumental in not only getting us a mortgage with a great rate, but also providing consistent and invaluable advise throughout the entire process.
The bank gave us a few hiccups along the way, but these were swiftly dealt with by Michael. With both of us being kept in the loop throughout the process.
We have recently completed the purchase of our first home, and couldn’t be happier. Thanks so much to Michael and Map Home Loans. I know we’ll be in touch in future for any home loan adjustments, as I can’t fault the service and it has been a pleasure dealing with Michael along the way.
If you are in a similar visa situation, or you just need some mortgage/home loan advice, I would recommend Map Home Loans & Michael without a doubt. Thanks again!
