Settlement & beyond
First time investors often sign on to a loan to purchase a property, without realising they are hampering their future investment opportunities. Later on, they realise they have made fast equity and want to withdraw some for their next investment, but find they can’t because their mortgage broker has signed them onto a deal which […]
Buying Properties In 2022 – Get Organised
Here we are at the pointy end of the year already. And 2021 was a crazy one. Just as people spent the year going in and out of lockdowns, worrying about vaccines and facing financial uncertainty, property markets boomed all around the country. If you were looking to buy, the year may have gotten away […]
When Was The Last Time You Had Your Loan Reviewed?
The lending environment is changing all the time, so it’s important to regularly review your loan or loans and make sure you’re getting the best deal you can. Say you’ve had a loan for the last 2 years for example, chances are that you’ve missed one or more potential interest rate reductions. On top of […]
Looking To Climb Up The Property Ladder
So you want to make the most of low interest rates and rising property markets and build a bigger property portfolio? Unfortunately, those same low interest rates make it much harder to save for a deposit the old fashioned way. But that doesn’t mean you can’t climb up the property ladder. That’s where equity comes […]
Who Can Borrow?
There are a number of different borrower types that banks will lend money to for property investment in Australia. This article looks at what you need to know if you want to take a loan as: an individual, a joint venture, a trust and a self-managed superannuation fund (SMSF). I’m an individual Borrowing as an […]
How Mortgage Brokers Can Screw You Over
If you want to build a property portfolio to get you where you need to be, you need to make sure everyone you are relying on is on the same page as you. Your accountant, legal team, buyer’s agent and, most importantly when it comes to loans, your mortgage broker. Your average mortgage brokers out […]
Eligibility Criteria
Thinking of applying for a home loan? Lenders have a lot of eligibility criteria that you need to meet before they will lend you money. Here’s what you need to know. Who are you? You will need to be: An Australian citizen, or a permanent resident, or married to one or a temporary resident visa […]
Different Types Of Home Loans Explained
Before you get into individual loan types and their features, you first need to look at what type of overarching loan it is. For example, is it a residential home loan, or is it for a commercial property? Is it for an individual borrower, or for a business? There are so many different loan categories […]
Low rates – what does this mean for you?
The RBA decided to once again leave interest rates on hold at 0.1% at its recent March meeting, which means yet another month at the lowest interest rates ever. In fact, if you have been paying off a mortgage at any stage over the past few years, you have been doing so in a historically […]
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 […]
