#MORTGAGE HELP

Health Issues And Disability

Dealing with health issues or a disability is not only emotionally taxing but can also put a strain on your financial stability. We understand the unique challenges you’re facing and the importance of keeping a stable home during this difficult time. At Madd, our team is committed to providing you with expert guidance and support. We’ll help you explore various options like loan modifications, government assistance programs and refinancing strategies to ease your financial burden. Our aim is to help you maintain your home’s stability while you focus on your well-being.
What’s inside this guide

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#Mortgage Stability

Supporting Mortgage Stability During Health Issues or Disability

Dealing with health issues or disabilities can have a significant impact on your financial situation and ability to meet your mortgage obligations. We understand the challenges you may face and the importance of maintaining stability in your home during this difficult time. Our team is here to provide valuable insights and support, guiding you through loan modification programs, government assistance options, or refinancing strategies that help alleviate the financial burden and ensure the stability of your home. We understand the unique challenges you may be facing and are committed to finding solutions that address your specific needs, allowing you to focus on your health and well-being.

Here’s how we can assist:

Loan Restructuring

Tailored solutions to adjust your repayments based on your new financial situation.

Access to Assistance Programs

Help applying for government or hardship support you may be eligible for.

Refinancing Options

Explore more manageable repayment terms to reduce financial pressure.

Mortgage Protection Review

Check whether you have insurance that may cover repayments during illness or disability.

Paperwork & Process Guidance

Support with forms, documentation, and dealing with your lender.

Compassionate, Confidential Help

We understand the sensitivity of your situation and work with care and respect.

The Madd Broker Difference

It’s important to carefully evaluate your situation, consider the associated costs and risks, and consult with a professional to determine the best option for your specific circumstances. At Madd, our brokers are the right people to discuss any concerns you may have. We live and breathe loans so we can assist you in understanding and assessing all of your options to help make the process less stressful

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#Financial Stability

Securing Your Home’s Financial Stability Amidst Health Concerns

At Madd, we offer a comprehensive approach to help you manage your mortgage during health challenges or disability, covering everything from understanding the financial impact to exploring loan modifications, government assistance, and refinancing options.

Understanding The Financial Impact

Health issues or disabilities can lead to various financial challenges, such as medical expenses, reduced income, or increased costs for necessary accommodations. These circumstances may make it difficult to manage your mortgage payments, causing stress and uncertainty. It’s important to take proactive steps to address these challenges and explore available options to maintain stability in your home.

Loan Modifications

Loan modification programs can provide valuable relief by adjusting the terms of your mortgage to better align with your current financial situation. Our team at Madd can guide you through the process of exploring loan modification options. We’ll work with you to evaluate your eligibility for these programs, assist with the necessary paperwork, and negotiate with lenders on your behalf. Loan modifications may involve adjusting the interest rate, extending the loan term, or temporarily reducing your monthly payments to make them more affordable during this challenging time.

Government Assistance Options

Government assistance programs may be available to individuals dealing with health issues or disabilities. These programs can provide financial relief, medical benefits, or housing support. Our experts at Madd Life can help you navigate through the various government assistance options, ensuring that you understand the eligibility criteria and benefits offered. We’ll guide you through the application process and provide support to help you access the resources that can alleviate the financial burden and ensure the stability of your home.

Refinancing Strategies

Refinancing your mortgage can be a viable option to adjust your financial situation during health issues or disability. Our team at Madd can assess your current mortgage and explore refinancing strategies that accommodate your new circumstances. This may involve obtaining a new loan with modified terms, such as a lower interest rate, extended loan term, or adjusted monthly payments. Refinancing can help reduce your financial burden and provide you with the stability needed to focus on your health and well-being.

Dealing with health issues or disabilities can be overwhelming

Our team has extensive experience in assisting individuals who are dealing with health-related financial challenges and understands the unique complexities involved. 

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#Local power

Why Use A Local Brisbane Mortgage Broker

Regardless of your financial situation or what your property end goal looks like, almost everyone can benefit from using a mortgage broker. For Queenslanders trying to navigate an extremely competitive property market, partnering with a local Brisbane mortgage broker who knows the area can also be a tool to provide additional insights as well. In fact, just a handful of the benefits of using a mortgage broker include the following.

Home Loan Product Experts

While banks offer many products and services, home loans are the speciality of mortgage brokers. Arguably, the superpower of a mortgage broker is their ability to turn the complexities of a lender’s policies into black and white information, which can be invaluable when it comes to making decisions about your financial future.

The Leg Work Gets Sorted

Did you know that Australia has over forty different lending providers? Your mortgage broker certainly does, along with the ins and outs of almost every one. A mortgage broker provides you with one point of contact and can save borrowers countless amounts of both time and money.

Increased Flexibility

Trying to juggle work, social and home life around bank appointments has the potential to add extra stress to a home loan application. Mortgage brokers are all too aware of this, and instead apply a level of flexibility when it comes to ensuring that they’re on call and available for their clients, even if that means outside of business hours.

They’re On Your Team

When going to a bank for your mortgage solutions, it’s important to remember that the person you’re dealing with is only able to present the bank’s own individual loan products. In comparison, it’s quite the opposite for a mortgage broker, as it’s you that takes centre stage on their priority list and can offer a wider variety of options.

Transparent Communication

Applying for a home loan can be a stressful experience if you don’t understand the technical terms being thrown around, or you feel like you’re not being told the entire truth. Working with a mortgage broker means that you have a partner to help you navigate this world, and will be the first to tell you if a certain product isn’t the ideal fit for you.

In addition, a local Brisbane mortgage broker will also have connections with other real estate professionals such as conveyancers and building and pest inspectors, which can help make life easier for the applicant. This is often a wildly different approach to what consumers can expect from a bank, and the added convenience of only having to submit one set of documents also helps to push mortgage brokers as the ideal choice between the two.
Seeking personalised property advice?

Local brokers offer tailored solutions, market insights, and streamlined processes. They understand Brisbane’s unique market, ensuring you get the best loan to achieve your property goals.

3.

Get A Free Assessment

Don’t stress about finding the best loan. We’ll handle it! Answer this quick question, and we’ll search our extensive network to find the ideal loan for you for free.

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Your trusted partner in securing a home loan and refinance.

This includes:

Finding the best deal for you from over 30 Australian banks and lenders

Providing personalised advice with the best loan options for your needs

Helping you understand the process and what to do next

Ready to take control of your financial future? Start with a free assessment.

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Your trusted partner in creating a financial plan.

This includes:

Building a personalised financial plan aligned with your goals and lifestyle

Reviewing your super, insurance, and investments to maximise outcomes

Helping you stay on track with regular check-ins and future-focused guidance

Ready to find the perfect commercial loan? Start with a free assessment.

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Your trusted partner in securing a commercial loan.

This includes:

Finding the best deal for you from over 30 Australian banks and lenders

Providing personalised advice with the best loan options for your needs

Helping you understand the process and what to do next

Ready to find the perfect asset loan? Start with a free assessment.

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Your trusted partner in securing finance for vehicles and assets.

This includes:

Finding the best deal for you from over 30 Australian banks and lenders

Providing personalised advice with the best loan options for your needs

Helping you understand the process and what to do next