Divorce and Your Mortgage

Mar 20, 2019 7:00:00 AM

There’s a lot to think about when it comes to divorce or separation, including a number of decisions that need to be made around your biggest asset: the family home. How property is divided in a divorce or separation will differ in each situation and may need to be decided by the Family Court. Here are some of the things you’ll need to think when it comes to splitting the family home in a divorce or separation.


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Topics: separation, divorce, Home Loan Advice, Mortgage Terms, Australia Mortgage Broker, Home Loan Application

What is a Reverse Mortgage?

Mar 19, 2019 7:00:00 PM

If you need to free up a little cash as you head into retirement, a reverse mortgage could be the solution. A reverse mortgage lets you mortgage your property so you can access your equity with no repayments required until you move out. For many retirees, a reverse mortgage offers financial security to cover those unexpected expenses – like home repairs or major surgery – without having to sell the family home. Read on to find out more about a reverse mortgage.


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Topics: Retirement, Home Equity Loans, Home Equity, reverse mortgage, Home Loan Advice, Australia Mortgage Broker, Home Loan Application

5 Tips for a Home Loan Application With Credit Issues

Mar 19, 2019 12:15:33 PM

If a bad credit rating is making it hard for you to get a home loan, it doesn’t mean you need to shelve your home ownership dreams. Credit history can be affected by several factors including missing payments and late payments. Take a look at these five tips to help you get on top of the credit issues that could be impacting your home loan application.


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Topics: Bad Credit Home LOan, Bad credit, Comprehensive Credit Reporting, Home Loan Advice, Low Doc Home Loan, Australia Mortgage Broker, Home Loan Application

The Royal Commission Report: Impact on Borrowers

Feb 21, 2019 8:11:55 AM

Earlier this month, the long-awaited Final Report of the Royal Commission into misconduct in the Banking, Superannuation, and Financial Services Industry was delivered, proposing changes – amongst other recommendations - into the way mortgage brokers are remunerated.

With over 59% of all home loans in Australia underwritten by mortgage brokers, the findings from Commissioner Hayne’s report would see a significant shake-up to the way borrowers access mortgage lending. In the midst of all the media hype around the report, Mortgage Express would like to remind its customers that the service we provide to you, our valued customers, has not changed.


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Topics: Home Loan Advice, Australia Mortgage Broker, Royal Commission Report Australia, Broker Behind You

Rental Property Renovation: 3 Questions to Ask Yourself First

Feb 20, 2019 8:48:49 AM

Renovating a rental property can be a costly exercise but making improvements to the property can yield a healthy return. To ensure you’re maximizing your investment, it’s important not to overcapitalize, to stick to your budget, and to use durable products and materials. If you are considering renovating your rental property, ask yourself these 3 questions first.


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Topics: Property Investment, Rental Property, Investment Opportunity, Home Renovations, Property Manager, Home Loan Advice, Australia Mortgage Broker, Rental Property Renovations

5 Benefits of Using a Property Manager

Feb 19, 2019 6:00:00 PM

Investing in property can be financially rewarding, but it’s just as easy to get it wrong. Bad tenants who don’t pay their rent on time or cause damage to your property can be a serious drain on your finances. A property manager acts on your behalf as landlord, screening tenants, collecting rent, and inspecting your property. But that’s not all they do. Here are 5 benefits of using a property manager.


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Topics: Property Investment, Rental Property, Investment Opportunity, Property Manager, Home Loan Advice, Australia Property Manager, Harcourts Property Manager

3 Property Investment Mistakes to Avoid

Feb 19, 2019 8:26:10 AM

It’s no surprise that more and more astute investors are turning to property as a way to grow capital. Like all investments though, buying an investment property takes careful research so you know what you’re getting into and what the pitfalls are to avoid. To help you stay on top of the property investment game, here are 3 common mistakes to avoid.


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Topics: Property Investment, Rental Property, Investment Opportunity, Property Manager, Home Loan Advice, Australia Mortgage Broker

Book your home loan review

Jan 21, 2019 10:09:02 AM

As your biggest expense, keeping track of your home loan and any changes to the market or your own situation makes good financial sense. An annual home loan review could lead to significant savings, give you access to better home loan features, or let you tap into your home’s equity to fund other expenses. Read on to find out why a home loan review could help you save money.


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Topics: Credit Card Debt, Debt Consolidation, Debt, Home Loan Advice, Debt-free

Curing your Christmas Debt Hangover

Jan 21, 2019 10:06:29 AM

While you won’t find this expression in a mainstream dictionary, it’s a feeling that’s all too real for anyone who’s overspent at Christmas. A Christmas Debt Hangover usually kicks in around the middle of January when the credit card bills start rolling in. Symptoms include stress, trouble sleeping and an aversion to checking the mailbox! Here’s how to cure it.


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Topics: Credit Card Debt, Debt Consolidation, Debt, Home Loan Advice, Debt-free

All you need to know about Mortgage Protection Insurance

Jan 21, 2019 9:56:59 AM

Have you ever thought about what would happen to your family home if you were no longer able to meet your mortgage repayments? The fact is, many homeowners are just one pay check away from losing their home. Mortgage Protection Insurance covers your mortgage repayments when you can’t: in the case of a major illness, redundancy or even death. Here’s what you need to know.


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Topics: Insurance, Home loan rates, Home Loan Protection Plan, Home Loan Advice, Mortgage Protection Insurance, Home Loan Insurance