Fran Jerome at Oliey Finance is a CPA-qualified mortgage broker who works with homeowners across Narre Warren, Narre Warren North and Narre Warren South. Many Narre Warren owners have held their home for years and built real equity. The question becomes: what do you want that equity to do next?
Three conversations Fran has most in Narre Warren
1. "Is my loan still right for me?" If you set up your loan years ago, both your rate and your structure may be out of date. A refinance review looks at the rate, but also at your offset setup, your repayment strategy and how long the mortgage will keep controlling your choices.
2. "We want to upgrade. Do we buy first or sell first?" Buying first gives you certainty on the next home. Selling first gives you certainty on your budget. Bridging finance can cover the gap, but it carries cost and risk if the sale takes longer. Fran models both paths with your numbers so you can choose on your terms.
3. "Can we use our equity to buy an investment property?" Often, yes. How you set it up matters: a separate loan split for the investment deposit keeps your tax position clean and stops your home and investment loans becoming tangled. Fran works alongside your accountant on the tax side.
Why structure matters more as you build equity
A first home loan is mostly about getting approved. By your second or third property, the structure decides how flexible you are: whether you can access equity without refinancing everything, whether your offset is working for the right loan, and whether your next purchase is easy or a scramble. Fran's CPA background means he looks at the balance sheet, not just the application.
Local context
Narre Warren sits in the City of Casey, close to Westfield Fountain Gate, the Pakenham line (now running through the Metro Tunnel) and Casey Hospital in Berwick. That central position is one reason owners here often choose to stay and renovate, or keep the home as an investment when they upgrade.
Frequently asked questions
How often should I review my home loan? At least once a year, and whenever a fixed rate ends, your income changes or you plan a purchase. Oliey Finance clients get an annual review after settlement.
Can I keep my Narre Warren home as an investment when I upgrade? Possibly. It depends on your borrowing capacity across both loans and how the loans are structured. Getting the structure right before you move can make a significant difference to your tax position, so speak with your accountant too.
What is bridging finance? A short-term loan that lets you buy your next home before your current one sells. It's useful in the right situation, but interest builds during the bridging period, so it needs a clear exit plan.
Does Oliey Finance cover Narre Warren South and North? Yes, along with Berwick, Hallam, Hampton Park, Cranbourne and the wider south-east.
Talk to Fran
Thinking about your next move? Book a free 30-minute strategy call: calendly.com/fran-oliey1/30min or call 0409 961 703. What is your objective? Start there.
Fran Jerome | Credit Representative 442427 | Authorised under Finsure Finance & Insurance Pty Ltd | ACL 384704 | MFAA Member. General information only, not credit or tax advice. Credit eligibility is subject to individual assessment. Seek independent tax advice for your situation.