Buying a home with a small deposit

May 10, 2019 8:00:39 AM

If you’re struggling to save a deposit to buy a property, you may be wondering what your options are. Should you keep saving and potentially miss out on a bargain or optimal buying conditions in the market, or do you push ahead and apply for a mortgage with a small deposit? While it’s not easy securing a mortgage with a small deposit, it is certainly possible. Here are three ways to do this.


Read more

Topics: lending options, Low Deposit, Home Loan Advice, Low Doc Home Loan, Australia Mortgage Broker, Home Loan Application

5 First home buyer mistakes to avoid

Apr 15, 2019 11:56:33 AM

When buying your first home, it’s easy to get swept up in a whirlwind of excitement and make mistakes that could end up costing you later on. Even if you’ve done your research and have a good understanding of the property market, there’s a lot to take in and to think about. Here are 5 first home buyer mistakes to avoid.


Read more

Topics: First Home, lending options, Home Loan Advice, Australia Mortgage Broker, Home Loan Application

How to get a home loan when you’re self-employed

Apr 15, 2019 11:48:11 AM

When applying for a mortgage, most lenders require you prove your income which can be a challenge if you’re self-employed; particularly if you haven’t already done your taxes or been in business for very long. But that doesn’t mean the end of your home ownership dreams. At Mortgage Express, we help self-employed borrowers every day, working with lenders who offer alternative options and access to competitive home loans.


Read more

Topics: Credit Check, Self-Employed, lending options, Home Loan Advice, Small Business Lending, Australia Mortgage Broker, Home Loan Application

What is Comprehensive Credit Reporting?

Mar 20, 2019 9:37:23 AM

Comprehensive Credit Reporting (CCR) is Australia’s credit reporting system which aims to make it easier for lenders to assess an applicant’s credit history. With CCR, when you apply for credit, authorised lenders will have access to up to 2 years of your repayment history, along with detailed information of your credit accounts. Find out what the change to CCR means for your finances.


Read more

Topics: Lenders, CCR, Comprehensive Credit Reporting, Home Loan Advice, Australia Mortgage Broker, Home Loan Application

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.


Read more

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.


Read more

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.


Read more

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