HomeBuilder Confusion Drives First Home Buyers to Mum and Dad

Sep 22, 2020 11:31:20 AM

While Government’s $25,000 HomeBuilder Grant has already been snapped up by many Australians planning a new home build or a substantial home renovation, first home buyers looking to use Homebuilder to enter the property market, have been left feeling frustrated at not being able to factor the grant into their loan application. If you’re in a similar situation, we have some tips on what to do.


Read more

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

Lessons Learned in Lockdown: Christine Penford

Sep 21, 2020 11:24:47 AM

Living through a pandemic has changed most of us. From the way we work, to the way we communicate with those around us, to the things we used to do but can no longer do. Following on from last month’s article, which drew inspiration from Gilbert Enoka, this month Vicky Devine caught up with Christine Penford, top 10 Mortgage Express Finance Consultant for 2020. Christine shared her learnings from lockdown and we recorded an account of Vicky’s questions and Christine’s responses.


Read more

Topics: COVID-19, Buying and Selling Property, Home Loans

What Would Happen if Australia Had Negative Interest Rates?

Sep 14, 2020 11:20:00 AM

Negative interest rates are already being used in countries like Switzerland, Denmark and Japan, and there’s been some talk about a similar strategy here in Australia. A potential solution to stimulate an economy floundering in the wake of COVID-19, negative interest rates would make borrowing money much cheaper, but saving money more expensive, the opposite of what we have right now. As the coronavirus pandemic drags on, we asked the question, what would happen if Australia had negative interest rates?


Read more

Topics: COVID-19, Buying and Selling Property, Home Loans

Need Financial Assistance? Be Careful Where You Go

Aug 20, 2020 6:30:00 PM

In these uncertain times, it’s not surprising so many Australians are being tempted by debt management firms promising a quick-fix solution, an end to crippling debt, and a way out of potential bankruptcy. Unfortunately, many of these businesses operate with little to no financial experience and no regulatory oversight, and their solutions can leave many people worse off in the long term. If you’re considering seeking a financial solution to your spiralling debt situation, it’s vital you heed this warning.


Read more

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

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.


Read more

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.


Read more

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.


Read more

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

What’s Changed in the Lending Arena?

Apr 11, 2020 1:33:00 PM

The outbreak of the Coronavirus is without doubt a human tragedy, affecting millions of people worldwide. But it also has a significant impact on the global economy and the way we do business. Understandably, businesses are having to adapt the way they work, moving towards more online and remote work. In the real estate space, mortgage lenders have been quick to announce specific mortgage relief and hardship policies to support those affected by the outbreak, while real estate agents now offer virtual tours of properties for sale and online auctions are the new norm.


Read more

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

4 Ways to Reduce Your Home Loan Expenses

Apr 9, 2020 1:28:27 PM

In these uncertain times, many of us are wondering how we’re going to weather the financial implications of COVID-19. Home owners especially may want to consider ways to reduce home loan expenses to help ease their financial burden at this time. Whether it’s refinancing to a lower interest rate or extending your loan term, a home loan deferral or moving to an interest only loan, there’s no better time than right now to review your mortgage and consider these 4 ways you could reduce your home loan expenses.


Read more

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

3 Tips for Buying Your First Home

Mar 12, 2020 9:35:00 AM

Buying a home is for many Australians a rite of passage and a significant milestone. But it can also be an overwhelming process and incredibly challenging if you don’t know where to start. So that you can navigate the home buying process from start to finish, and make informed decisions along the way, we’ve compiled 3 useful tips for first home buyers.


Read more

Topics: Mortgage Broker, First Home Buyer, Refinancing, Buying and Selling Property