Hi Amanda, tell us about your new business Compari Finance Solutions?

Compari is a finance and mortgage broking service. I specialise in offering a personalised service to get the right solution for my clients’ financial situation.  As a Compari client, you will experience an honest and transparent approach to your finance options whether you are buying your first home, building your family home, upgrading or downsizing or investing for financial security. I have experience and expertise in all of these areas. It’s my privilege to help you on your journey by supporting you in your major financial decisions.  

What is your previous background in the industry?

I worked at Westpac in Orange and in Sydney for over a decade in home finance lending. I founded Compari two months ago as I wanted to follow my passion to deliver a more personalised service in assisting clients with major financial purchases.  I love to help people navigate the ever-changing finance industry.  It’s a relationship that is rewarding for both my clients and me.   

Why should people in Orange consider Compari when they are looking for a mortgage?

I'm local and I love our community.  I feel really passionate about making sure people get the right advice. I believe it’s important to understand a person’s individual situation and how it ties into their future plans. There is no one loan that suits everybody. And since a mortgage is often the largest financial transaction people make in a lifetime, getting it right can really make a difference in helping people towards their financial goals.

Are there any common pitfalls or mistakes people make when choosing a new mortgage product?

I think chasing the best rate may not necessarily be the best loans for you. It is really important to understand the features and your movement of money through your accounts to make sure you are saving interest on your loan at every opportunity.  Don’t get me wrong, interest rates are a huge component, especially in the current market.  A major outcome of consulting a mortgage broker is to - Save Money!

What about people who have existing mortgages?

With official interest rates trending downwards, current mortgage holders have the opportunity to ask for a better deal.  Even a small interest rate reduction means potential savings of thousands of dollars.  I suggest that if people want a better deal on their mortgage, they contact a mortgage broker to review their options.  

If you want to know more about saving on your mortgage and growing your wealth, I will be running a free seminar along with Daniel Mc Gregor from Wealth Train - ‘Get Rich Slowly’, at the Orange Ex-Services Club on Monday 15 July from 6pm to 7.30pm. Book your ticket from compari.com.au

Having a mortgage doesn't mean you lose the opportunity to grow your wealth, so come along and learn some strategies to ‘Get Rich Slowly’.