Self-employed Damien refinanced his loan

Sydney-born Damien has taken his lifelong passion for music and technology and found professional success internationally as the founder and CEO of New York-based Blue Pie Records. But as anyone growing a business knows, things can be tricky financially – and Damien decided it was time to face the music on his home loan.

Damien Reilly is not your average UNO Home Loans customer. He’s not your average real-estate refinancer, either. Sydney-born Damien has taken his lifelong passion for music and technology and found professional success internationally – he is founder and CEO of New York-based Blue Pie Productions, which publishes music and protects artists’ copyright. He also runs DJ Central, a global dance music television show. Both his production company and TV program help independent labels and artists from across the world achieve wider exposure for their music. But back in Sydney earlier this year, Damien faced the music over his pressing property issues. As anyone building a company knows, things can often be tricky financially – especially in a cyclical business such as music publishing. It often means spending part of the year living on scraps – and having the odd scrap as well. Damien admits he found himself with money issues following the Global Financial Crisis in 2008. They were difficult times for his business, with some of his customers not able to pay their bills, and he says this put his credit rating at risk. How much can I save by refinancing?Use UNO's calculator to estimate your savings. Calculate SavingsHaving a poor credit record in business can make it difficult when you’re looking for finance, let alone a home mortgage. “It’s a challenge to find someone that will listen to you,” he says. Damien’s difficulties left him with an unfavourable deal on his mortgage. At one stage he was paying 9 per cent on his loan, then he refinanced and the interest charges dropped – but only slightly – to “8-point something”. So when he was looking to relocate his Australian business headquarters, moving from the city to Moss Vale in the NSW Southern Highlands, it seemed like a good time to refinance the loan on his place in nearby Bundanoon. “My house is old and needs a bit of work, but we’ve got an acre of developed grounds,” he says. “It’s in a really nice area.”

How UNO helped

Given his history with the banks, Damien looked further afield for refinancing options and came across UNO. “Phillip at UNO was amazing,” Damien says. “I’ve never had an experience like that with a lender ever. He rings me up. He tells me what’s going on. He manages everything. “I’ve never in 30 years of business experienced someone like that who genuinely cares.” Given his experience, Damien believes UNO fills a void in the marketplace. “I’ve been blown away by the caring of the company because it’s an emotional journey buying a house,” he says. “The average person out there, they shit themselves at this process. They do. Because I’ve seen it. We’ve all got friends that go, “Oh no, I don’t understand it”. And their brains shut down.” Phillip took great care managing his refinancing journey, Damien says. He describes one encounter while they were both working out the best approach to take … Phillip: Damien, hi, how are you? Damien: Oh, Phillip, it’s so good to hear from you. Phillip: You know, I was drinking my wine last night, and I thought we could do a better deal. Damien: Really? Phillip: Yeah, I think what we’re going to do is this. And I was thinking of you. “Now, after the first call, I told my wife [about UNO] and she goes, “Oh, they’re all full of sh*t”. I said, “No, this guy’s really different.” And then when she spoke to him, all right, from God to my lips, she said, “That guy really cares”. And I went, “I know. Imagine if the banks cared.” Here are other UNO customers who have the benefit of working with Phillip. With Phillip’s help, Damien ended up getting a loan from non-bank specialist lender RedZed. He’s happy with the deal, and he’s pleased to spread the word about UNO. “UNO is a unique business,” he says. “It’s very rare – that very caring approach. “UNO’s going to be a force to reckoned with.” Take 30 seconds to calculate how much you could save by refinancing your home loanhere.Book a call in with UNO

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What our customers are saying

John Cahill
March 7, 2024
Scott Wilkinson was my broker last year when I sought finance for a new property investment and refinance for my property port folio. He was an absolute delight to work with. He was always professional, on time and always available to talk at a moment's notice to discuss my credit options and give well considered advice; usually this was very much after-hours due to my work commitments during the day. He was always happy to talk. I had not used a mortgage broker in a long time opting to do the re-financing myself. This was primarily due to disappointing experiences I'd had with mortgage brokers in the past. However with the increasing complex nature of dealing with credit providers, I could see that I needed a good advocate to act on my behalf for this particular refinance. In all honesty I did not hold much hope that in the current credit environment I would be able to secure the finance I required for the new property investment I was wishing to secure. Scott found a way however and was able to secure the finance along with the refinance of my portfolio. I have since referred friends to Scott and I know they have been very happy with his work. He is ideal for property investors who have busy day-jobs and need someone who understands property investment strategy and is able to tailor credit advice and options to their needs. Scott provides this advice and information in a way that is clear and concise. He kept me up to date continually during the application process. He made what could have been a very stressful and frustrating process easy and straightforward. I could not recommend Scott and the team at UNO Home Loans more highly. They are all a delight.
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Sally Mackenzie
February 19, 2024
We chose Uno Home Loans from their impressive web site knowing we were going to find it hard, on many fronts, to qualify for a home loan. We were incredibly fortunate to be assigned Mike Parsons as right from the get-go, despite the complexities, he hit the ground running for us. He was incredibly knowledgeable, with years of experience but what was immediately apparent and impressive was that he was totally invested in getting us over the line, doing absolutely everything possible, including working around the clock. Despite it being a relatively small loan in the order of things, Mike never missed a beat, getting docs ready, following up and answering every request from the proposed funder immediately. He kept us informed on progress the minute anything happened, and again if anything needed to be done, he was right on it. In short, we highly recommend Uno, and Mike, knowing what a remarkable job he did, over many weeks, to get us our loan. He got us a great deal, with far better rates than we expected, so we couldn't be happier. In fact, without doubt, you'd be hard pressed to find a more personable, sharp, hard working, dedicated professional who clearly prides himself on getting his customers standout results.
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Rod
February 13, 2024
Scott and his team were just A-mazing. We felt supported through the whole process with the greatest quality and care. Every question answered right in time, or even before we asked. The process was smooth and we got the best outcomes we could have wished for.
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Angela Biddle
February 6, 2024
Our mortgage recently came up for renewal, and with interest rates skyrocketing we were looking for ways to minimise the impact. Michael and his team were proactive and attentive. Michael spent time with us to understand our circumstances. He found mortgage options that worked with our current financial situation and longer investment plans. He presented clear options, providing guidance where needed. He and his team were helpful and responsive - streamlining the process and keeping us updated through the negotiations. In the end, Uno did the heavy lifting and secured a significantly better rate than our current bank offered, all with friendly, personal service. We would highly recommend UNO Home Loans.
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Fotis Bikas
January 15, 2024
I cannot help but congratulate Scott Wilkinson of UNO Home Loans for being an absolute credit to both his company and the entire loans industry. Scott is a truly rare gem of a broker in that he will not only go the extra mile to achieve for each customer the very best deal, but his knowledge of all and sundry within the industry is unsurpassed (you will see what I mean if you speak to him). Additionally, Scott has a clear passion for imparting his wealth of information with each customer, whereas the conversation with most other brokers would simply be over if they could not get you the best deal. For me, Scott Wilkinson of UNO Home Loans stands head and shoulders above the competition and I feel privileged to benefit both from his expertise and professionalism whenever it is time for a refinance or new loan.
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Tomoharu Matsui
January 11, 2024
Michael Parsons helped me a lot when it's difficult to establish my capabilities in loan.
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Gillian Kearon
January 9, 2024
I highly recommend Mike Parsons as a mortgage broker. I couldn't fault the service provided by UNO. Thanks Mike!
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Taner T
December 20, 2023
Thank you Eren Tan for the amazing service and support. Our Loan was a little tricky and complex for other lenders but Eren managed to get it over the line in record time. His professionalism and dedication to our needs was exceptional. If you need a Loan no matter how complex your situation, make sure you contact Eren at UNO Home Loans.
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Karaipu Brown
December 20, 2023
Buying & selling a house at the same time is very stressful but Scott Wilkinson from UNO home loans made sure we knew what was happening & took most of the stress away. He always kept us up to date and if we had a concern or wanted clarification on something we were able to call him, if he didn’t know the answer straight away he will find out and contact us back.. now we are enjoying our new house and turning it into a home :)
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Chris Anderson
December 18, 2023
Just completed my first loan with UNO which was so much easier than with other other brokers I have used in the past. Our broker MIKE PARSONS always had time for me and broke things down for me in the simplest of terms and was very patient with my silly questions and my constant changing of plans. I wish I had used them in the past as I wouldn't be in the situation I'm in now. Can't recommend them highly enough. Thanks UNO and Thanks MIKE 😊
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Stephen Broomfield
December 11, 2023
To be able to recommend Scott Wilkinson for your mortgage broker was a privilege. We had deals fall through but Scott supported, guided and stuck with us, proper partnership. The whole team at UNO helped us and supported us right through to after settlement. Made sure everything was correct and how we are progressing. Communication was amazing and straightforward and easy to understand. Transparent. We can not Recommend Scott and the team as Uno high enough. Use UNO with confidence.
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Tarek Hussain
December 6, 2023
Can't thank Amy enough for her hard work, dedication and determination on getting multiple loans completed for me. I wouldn't hesitate in recommending Amy and the Uno team to any of my associates. Will definitely be back in the near future!
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