Package Loans VS Basic Loans Under Variable Rates
The mortgage market is full of options as lenders try to attract business in a competitive landscape.Getting advice from a mortgage broker can be a great way to get an idea of what type of home loan will suit your situation, but it’s also good to educate yourself on the types of products that are […]
Refinance Cash Rebates – What You Need to Know
A lot of banks seem to be offering cash incentives at the moment to tempt you to jump ship from your current lender and refinance with them. Sums of between $1000 and $4000 are being offered up for borrowers that could use some extra funds in their account, with the added bonus of switching to […]
Home Expenditure Measure (HEM) explained
There have been stories emerging in recent years about banks getting a little too familiar when assessing home loan applications. “Why did you spend all that money on duty free at the airport a few months back?”“That was a big bill at that fancy restaurant, how often do you dine out at the top end […]
Last Call For Property Finance In 2020
If you can remember back to when we were able to go to the pub, ‘last call’ always signified that the bar was about to close for the night and this was your last chance to get a beverage. ‘What? Already?’ The end of the night can creep up on you, because time flies when […]
Emotional Rollercoaster Of Signing Your First Mortgage
Whether you’re an owner occupier or an investor, signing off on your first mortgage usually comes after a lengthy ride on an emotional rollercoaster; a ride which doesn’t actually end when you sign the contract! No, it keeps hurtling along until settlement, and even then you are only just beginning to deal with decades of […]
The Difference Between A Financial Strategist And A Broker
When an average Australian feels sick, they go to a GP and if their situation is pretty standard, that GP finds them a solution. However when they have a unique issue that requires a level of expertise beyond the powers of that regular GP, they are referred to a specialist. Sure, the GP may have […]
What Is A Guarantor Loan?
What is a guarantor loan? Is it right for me? How does it work? A guarantor loan could help you to buy your first property without a deposit. But, is it right for you? And will it stand in the way of your financial independence further down the track What is a guarantor loan? Let’s […]
What Are The Different Types Of Loans Available?
Different types of loans available. Depending on whether you are buying a home or an investment property, there are many different types of loans available. Let’s take a look at some of the most common ones and who they suit best. The standard variable rate loan. As its name suggests, this type of loan has […]
I Have Saved Up My Deposit … What Next?
I Have Saved Up My Deposit … What Next?. If you have saved up a deposit, and are unsure what to do next, you are not alone. We often get asked “What next?” by borrowers who are ready to start the loan application process but don’t know where to begin. Assemble your success team. Whether […]
How To Structure Your Home Loans
How To Structure Your Home Loans. Whether you are purchasing a home or an investment property, it is important to structure your home loans correctly. This will help you get the most out of your borrowing power over the long term, and ensure you can take action to achieve your financial goals through property. Things […]
