JR Financial Solutions
Experts in money.

WHO ARE WE?

Ruchi Panwar – Director and Chief Financial Officer

As the owner and Chief Financial Officer of JR Financial, Ruchi is both the greatest supporter and greatest critic of the business. While not an advisor herself, she has an incredible passion for helping people to reach their potential. She saw that poor financial habits were one of the major roadblocks to people creating freedom for themselves and wanted to do what she could to assist.  Ruchi lives and breathes our core values of simplifying, caring, and doing what is right. These values reflect in all areas of her life, as a property investor, a business leader, and a mother.

Frank Cucek – Senior Lending Consultant

Frank has the privilege of being the Principal Broker and Senior Financial Consultant for JR Financial Solutions. As a finance broker, he has discovered a great passion for assisting his clients in meeting their financial goals, whether through recommended lending strategies and structures, guiding them through the home loan application process for the first time, or instilling knowledge about general financial principles. With over 10 years of experience in the finance industry—including time spent as a financial planner, a credit assessor, and 8 years as a qualified mortgage broker—Frank has gained expertise across various fields of finance broking. He provides lending services in investment lending, owner-occupied and first home buyers mortgages, construction lending, SMSF lending, commercial finance, and asset finance. At JR Financial Solutions, he and his team take pride in their ability to offer tailored lending solutions that are well-suited to their clients’ needs, while also empowering them by imparting financial knowledge that will help them reach their goals.

Jacqueline Lacrosse – Credit Analyst

With over 13 years’ experience in lending and Mortgage Broking, Jacqueline is passionate about providing end-to-end property solutions for clients and supporting the team in ensuring that everyone is working towards the client’s financial goals. Jacqueline got her start by working for one of the Big 4 banks, and this combination of knowledge has given her a thorough understanding of the lending process on both sides. Her focus is on quality client relationships and experience. Every day she is working towards expanding her knowledge and relationships within the industry. Jacqueline strives to open her own business in the future to allow her to continuously provide personalised financial solutions to anyone with a dream!

What Is A Mortgage Broker?

A Mortgage Broker is a finance professional who can assist you with getting or improving a mortgage on your property. In the same way that a Financial Planner provides advice on investment products, a Mortgage Broker provides advice an assistance with loan products. A good Mortgage Broker will be much more than this though. A Mortgage Broker (or Credit Advisor) should be an expert in all things property. In addition to knowing the current interest rates being offered, they need to intimately know the specific policy of each lender, the various laws governing property in each state, and the underlying drivers behind the money and investment markets. We see ourselves in the same light as your solicitor or accountant, and we hold ourselves to the same standard of expertise and specialist knowledge that you would expect from those professions.

Historically, Mortgage Brokers have often received a bad rap. To be fair, up until about 2009 the industry was relatively unregulated, and there were many unscrupulous operators doing things the industry is not proud of.

Even now, there is a wide range of quality when it comes to Mortgage Brokers. Because there is a still quite a low educational requirement to enter the industry, you will find some brokers who are new, or just downright poor. Others are only part time, specialising in something else and trying to be a Mortgage Broker on the side. Still others have their hearts in the right place, but are held back because their licence holder only offers a small panel of lenders, meaning they can’t offer many options. This can lead to mixed outcomes for clients, and doesn’t help to improve the industry’s reputation.

At JR Financial, we are passionate about changing the perception of Mortgage Brokers, raising the standard of the industry as a whole, and providing a reliable and trustworthy source of information so that clients can confidently make important financial decisions.