Get a Real Pre-Approval in 4 Simple Steps

Jul 20, 2020 12:00:00 PM

Having a home loan pre-approval in place before you go house hunting puts you in the best position to buy a property. Not only are you signaling to sellers that you’re ready to move with pre-approved finance to show you’re serious, a pre-approval can significantly improve your bargaining power too and is essential if you want to bid on a property at auction. Not sure where to start? Here are 4 steps to securing pre-approval.

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Topics: Mortgage Broker, Buying and Selling Property, Home Loans

Investing in property could set you up in retirement

Jul 20, 2020 11:25:02 AM

While the thought of retirement might be exciting, for many it’s also fraught with some concerns, particularly around affordability. The days of relying on your “super” or the Government old-age pension are no longer the norm, which is why having a retirement plan in place is a non-negotiable. Investing in property could be the kickstart your retirement plan needs to supplement you in leaner times. But before you jump in, take a look at the pros and cons of property investment.

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Topics: Property Investment, Mortgage Broker, Buying and Selling Property

Getting a Mortgage in a Post-COVID Australia

Jul 17, 2020 2:33:00 PM

In the wake of COVID-19, banks have changed the way they interact with customers, including how they do lending. A number of key innovations include things like online mortgage applications, video calls instead of face to face meetings, and electronic documentation rather than the usual paper-based option. Find out here how obtaining a mortgage has changed in recent months and what you can expect when you apply for your next home loan.

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Topics: Financial Health, COVID-19, Buying and Selling Property

What Happens When Your Mortgage Repayment Deferral Ends?

Jul 14, 2020 1:57:13 PM

Thousands of Australian mortgage holders took up the offer of a mortgage repayment deferral when the COVID-19 pandemic hit in March 2020. Since then, banks have deferred approx. 780,000 Home Loans, totaling a massive $236Bn. The big question now is what happens to those mortgages when the six-month deferral was meant to run out in September this year?

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Topics: Financial Health, Refinancing, COVID-19

A Personal Challenge: 30-Days of Walking

Jun 19, 2020 9:08:08 AM

While the Coronavirus pandemic forced many of us to stay home, getting out for a daily dose of exercise quickly became a way of life. As a personal challenge, Brent Pullar of Harcourts took to the streets to walk 10 kilometres a day for 30 days. What’s more, he persuaded two Mortgage Express brokers – Joshua Trevitt and Ismar Muratovic – to join him in crushing this challenge. Read on to find out just how successful this personal challenge was.

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Topics: Health and Wellbeing, COVID-19

5 Tips for Tax Time

Jun 18, 2020 9:02:00 AM

With Financial Year End just around the corner, it’s a good time to start preparing for tax time. If you worked from home during the COVID-19 pandemic, there are some tax deductible expenses you may be able to claim. Tax concessions for small businesses have also changed so it’s important you understand these. Here are 5 handy tips to help you prepare for tax time.

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Topics: Property Investment, Financial Health

New Home Build or Renovation Boost From Government

Jun 15, 2020 1:48:18 PM

To boost new construction projects in the wake of COVID-19, the Federal Government will give eligible Australian homeowners a $25,000 grant to go towards a new home build or a substantial renovation of an existing home. The scheme is aimed at incentivising homeowners to invest in their properties while also providing much needed demand for the construction sector. Read on to find out if you are eligible for the grant.

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Topics: Mortgage Broker, First Home Buyer, Home Loans

First Home Loan Deposit Scheme Topped Up

Jun 12, 2020 2:22:46 PM

If you missed out on the initial release of the Government’s First Home Loan Deposit Scheme, there is help at hand. Government has announced a further 10,000 spaces under the scheme will be made available for first home buyers from 1 July 2020 but warns that these are likely to fill up fast. Read on to find out how this scheme could help you into your first home.

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Topics: Mortgage Broker, First Home Buyer, Home Loans

Five Survival Tips for the Way Ahead

May 25, 2020 11:19:08 AM

As life in Australia slowly returns to normal – or at least to the “new normal” – having conquered the first wave of COVID-19, there does appear to be some light at the end of the tunnel. Businesses are opening up again and our economy is slowly reviving. While we have a long way to go on our road to recovery, in a post Coronavirus world there are a few things we may need to do differently. Here are 5 tips for the way ahead that will see you not only survive but thrive.

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Topics: Financial Health, Health and Wellbeing, COVID-19

Government’s Loan Guarantee Scheme

May 25, 2020 11:13:34 AM

The Australian Government’s Coronavirus SME Guarantee Scheme is set to help small and medium sized businesses impacted by COVID-19 with new initiatives and investment. The Government will be guaranteeing 50 per cent of new unsecured loans up to $250,000 . What’s more, with non-bank lenders like Prospa on board, business owners could have access to lending much faster.

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Topics: Mortgage Broker, Financial Health, COVID-19