Home Loans
How Much Equity Can I Use to Buy Property: Your Guide to Leveraging Assets
When considering expanding your property portfolio, understanding how much equity you can use is a crucial step. Equity, to put it simply, is…
Bad Credit Home Loans: Navigating Your Options in Australia
Securing a mortgage with a history of bad credit can be challenging, but it is not impossible. In Australia, some lenders offer specific…
How to Pay Off a Home Loan Faster: Accelerating Your Mortgage Repayment
Paying off a home loan can be a significant financial goal for many Australians. A home loan, typically one of the largest debts…
Top Up Home Loan Essentials: Maximising Your Property’s Value
When considering options to fund significant expenses such as home renovations, a car purchase or even covering education costs, a top-up on your…
How much can I borrow on a 150k salary: Assessing Your Home Loan Capacity
Determining how much you can borrow on a salary of $150,000 is an important step in financial planning, whether you’re considering purchasing a…
How to Increase Your Borrowing Capacity: Key Strategies for Financial Leverage
In assessing how much money you can borrow, lenders look closely at your borrowing capacity. This figure is a crucial indication of your…
How Do Banks Calculate Borrowing Capacity: Key Factors and Formulas Explained
When you’re considering purchasing a home or investing in property, it’s essential to understand how much you can borrow from a bank or…
Trust Home Loans: Navigating Your Path to Property Ownership
Taking out a home loan through a trust can be a strategic financing option for Australians interested in property investment. Trust structures offer…
Should I Fix My Home Loan: Insightful Guide to Making the Right Choice
Deciding whether to fix your home loan is an important financial decision that could impact your budgeting and financial stability over the term…
What Happens When a Fixed Rate Ends: Navigating Your Next Financial Steps
When you secure a fixed-rate home loan, you’re committing to a set interest rate for a predetermined period, typically ranging from one to…
How Much Does a Dependent Affect Your Borrowing Capacity: The Impact on Lenders’ Assessments
When applying for a home loan, lenders scrutinise many aspects of your financial health to determine your borrowing capacity. One critical factor in…
What Happens if You Can’t Pay Your Mortgage: Navigating Financial Hardship
If you find yourself in a situation where you can’t pay your mortgage, it’s important to recognise that you’re not alone. Financial hardship…
Does Home Loan Pre Approval Affect Credit Score: Understanding the Impact
When considering purchasing a property, home loan pre-approval is a common step that gives you an understanding of how much you may be…
How Defaults Affect Credit Score: The Impact on Financial Standing
When you default on a loan or credit agreement, it signifies a failure to meet the repayment obligations as stipulated by the contract.…
Credit Score How Does it Work: Understanding Your Financial Footprint
A credit score is a numerical expression that encapsulates your creditworthiness, crucial for lenders in Australia to evaluate the risk of extending credit…
Home Loan Declined: When to Reapply without Risking Further Setbacks
If your home loan application has been declined, it’s natural to feel disappointed, but it’s not the end of the road. There are…
Loan to Value Ratio Explained: Understanding Your LVR for Property Investment
The Loan to Value Ratio (LVR) is an assessment tool that lenders use to evaluate the risk associated with a mortgage loan. It…
Debt to Income Ratio: Understanding Your Financial Leverage
Understanding your financial health is essential, and your debt-to-income ratio, commonly referred to as DTI, plays a pivotal role in that context. This…
What is Debt Recycling? Understanding the Strategy for Wealth Building
Debt recycling is a financial strategy employed to enhance your wealth-building potential while still servicing a home loan. At its core, the approach…
What Can Go Wrong on Settlement Day: Common Hurdles and Solutions
Settlement day is a significant milestone in the journey of buying property, marking the culmination of what is often a complex process. On…
What is a Line of Credit Home Loan? Understanding Your Flexible Borrowing Option
A line of credit home loan offers a flexible financing option that lets you use the equity in your home as a financial…
How to Negotiate Lower Interest Rates: Expert Strategies for Financial Success
Negotiating a lower interest rate on your loans can lead to significant savings and better manage your financial commitments. It’s a process that…
Household Expenditure Measure: A Guide to Understanding Your Spending
The Household Expenditure Measure, commonly referred to as HEM, is a financial benchmark used within Australia to approximate the basic living expenses of…
Offset vs Redraw: Understanding Your Mortgage Options
When looking for ways to pay off your home loan smarter and faster, have you come across offset accounts and redraw facilities? You…
Property Appraisal vs Valuation: Understanding the Difference in Real Estate
When you’re navigating the waters of property ownership, understanding the difference between a property appraisal and a valuation could save you time, money,…
How Long Does a Home Loan Approval Take: Understanding Timelines and Processes in Australia
Purchasing a home is a milestone moment, and if you’re considering it, you’re probably wondering how long the home loan approval process will…
Pay Off Home Loan Faster: Essential Strategies for Australian Borrowers
Paying off your home loan can feel like a marathon that never ends, but it doesn’t have to be a gruelling slog. Did…
Split Home Loan Pros and Cons: Navigating Your Mortgage Choices
When you’re considering buying a home or refinancing, understanding all your mortgage options is crucial. Splitting your home loan between fixed and variable…
Home Loan Declined After Pre-Approval: Understanding Reasons and Solutions
You might feel confident about your home purchase after receiving a pre-approval for a home loan, but it’s important to understand that it’s…
Home Loans for Lawyers: Expert Guidance on Legal Industry Financing
The world of home loans can be complex and overwhelming, especially for busy legal professionals like you. As a lawyer, you have unique…
LMI Waiver: Key Insights and Benefits for Aussie Homebuyers
Lenders Mortgage Insurance (LMI) is a type of insurance that protects lenders in the event that a borrower defaults on their home loan.…
Understanding Guarantor Home Loans: An In-Depth Guide for Australians
The dream of homeownership is a common thread that binds us all. Yet, the financial commitment involved can often seem overwhelming. For many…
Genuine Savings and Home Loans: A Comprehensive Guide
Owning a home is one of life’s most significant investments and is considered a milestone for many. However, the journey to home ownership…
Home Loan Lending Criteria: The checks that banks and lenders perform on borrowers
Homeownership, a quintessential part of the Australian dream, represents financial stability, personal freedom, and a sense of community belonging. Yet, the path to…
Navigate Your Finances: Why you should consider refinancing your home loan
The process of refinancing a mortgage can be a powerful tool in managing your debt and increasing your financial stability. However, navigating this…
No Deposit Home Loans Australia: A Comprehensive Guide
Homeownership – a cornerstone of the Australian Dream. Yet for many, the necessity of a large deposit can transform this dream into a…
Mortgage broker and home loans for nurses
Is there a special mortgage deal for nurses similar to doctor home loans? The answer is an unfortunate no, but there are other…
Getting a self-employed home loan
Is it difficult for self-employed people to take out a home loan? Do lenders view them differently than regular borrowers who work for…
Home Loans for First Home Buyers: Information about the subsidies
Buying your first property is always challenging, both financially and emotionally. Getting a home loan for your first home can be more daunting.…
Home Loans for Doctors: Our Comprehensive Guide
Doctors and other medical professionals may be entitled to special home loan package compared to others. Several lenders are providing a wide range…
How to find a good mortgage broker
Mortgage brokers work with a wide range of major banks, smaller banks and non-bank lenders. They act as a go-between clients and lenders.…
What is an Online Mortgage Broker?
An online mortgage broker is a professional who helps people in finding a suitable home loan for them as per their requirements. They…
Independent Mortgage Broker
A mortgage broker is a person who assists you in finding a suitable home loan depending on your needs and goals. But how…
Mortgage Broker vs Bank – Which one should I choose?
People can obtain a mortgage either by speaking with a mortgage broker or directly approaching a bank for a home loan. So, which…
