Home loans with reward schemes

Nov 16, 2019 10:09:00 AM

Does earning reward points or frequent flyer miles while you pay off your mortgage sound too good to be true? It’s not as crazy as it sounds: in a bid to snag more business, some home loan lenders offer borrowers the chance to earn reward points or frequent flyer miles on their home loan balance. Read on to find out more about home loans with reward schemes.


Read more

Topics: Refinancing Options, Home loan rates, Financial Advice, Home Loan Advice, refixing, Australia Mortgage Broker, Home Loan Application

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.


Read more

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

The Bank of Mum and Dad

Dec 14, 2018 6:56:00 AM

Many parents decide to help their children onto the property ladder; so much so that the Bank of Mum and Dad is now recognized as the fifth biggest lender in Australia. While providing a guarantee or even dipping into your own property’s equity to gift your children the money is commendable, it’s also a big commitment and not without risk. If you are considering doing this, here are four questions you need to ask yourself.


Read more

Topics: Mortgage Broker, Lenders, Investing in Property, Home loan rates, Bank of mum and dad, Australia Mortgage, Guarantor, Home Loan Advice, Buying property in Australia

Can non-residents buy property in Australia?

Dec 11, 2018 6:33:39 AM

Tighter regulations have made it tougher than ever for non-resident buyers to buy property in Australia. While the process may seem near impossible to navigate, once you understand the framework the Government uses to approve applications, it’s actually fairly straightforward. Take a look at what you need to know.


Read more

Topics: Mortgage Broker, Lenders, Home loan rates, Australia Mortgage, Home Loan Advice, FIRB, Buying property in Australia, Non-resident buyers

Could your debt affect your home loan application?

Nov 10, 2018 11:19:02 AM

When assessing your home loan application, your lender will look closely at your financial situation, including your employment history, your income and any assets, as well your liabilities – or debt – and your outgoing expenses. Your debt to income ratio (DTI) is an important factor in this process, which some lenders use to measure your ability to make repayments.


Read more

Topics: Mortgage Broker, Lenders, Home loan rates, Australia Mortgage, Home Loan Advice

How Lenders Assess Mortgage Applications

Nov 9, 2018 11:00:54 AM

Every lender has its own method and formulae for determining an applicant’s credibility and lender-ability. While the criteria may differ from lender to lender, there are a few factors that all lenders use to profile their clients. Take a look at what these are, and we also share a list of guidelines to ensure your mortgage application is error-free.


Read more

Topics: Mortgage Broker, Lenders, Home loan rates, Australia Mortgage, Home Loan Advice

Big banks, small banks, non-banks

Feb 23, 2018 7:00:00 AM

When deciding on a home loan provider, many people choose to approach their own bank in the first instance, believing it makes sense to work with a lender already managing their everyday banking. This is not always the best option however, and it could mean missing out on better deals. To help you decide on the right lender, we’ve outlined some of the pros and cons of big banks, small banks and non-banks.


Read more

Topics: Pre-approvals, Home Loan, Mortgage, Australia Property, Australia Real Estate, mortgage rates, Home loan rates, family home, non-bank lender, lending options, Bad credit

Buying a home with bad credit

Feb 21, 2018 7:00:00 AM

A bad credit rating can put the brakes on your home buying plans, but it doesn’t have to be the end of your journey. Understanding what bad credit is, how to avoid it, and what your options are if you already have a bad credit rating, can help you decide on the next steps to take when buying property.


Read more

Topics: Pre-approvals, Home Loan, Mortgage, Australia Property, Australia Real Estate, mortgage rates, Home loan rates, family home, non-bank lender, lending options, Bad credit

Top tips for your 2018 budget

Jan 26, 2018 8:00:00 AM

If you haven’t already given much thought to budgeting for the year ahead, now’s a good time to start. Having a budget can help you reduce overspending, help you save more, and ensure you avoid situations where unplanned expenses drive you into debt. To help you plan a more financially secure 2018, here are our top budgeting tips.


Read more

Topics: Debt Consolidation, Interest Rates, Australia Property, Australia Real Estate, mortgage stress, mortgage rates, Home loan rates, Homeowners, Budgeting

Mortgage Stress: Are you feeling it?

Jan 23, 2018 12:56:00 PM

New research has revealed that nearly a third of Australian households are already under mortgage stress, a figure that looks set to continue rising if past figures are anything to go by. Read on to find out how to prevent yourself from falling into mortgage stress, and what to do if you’re already in it.


Read more

Topics: Debt Consolidation, Interest Rates, Australia Property, Australia Real Estate, mortgage stress, mortgage rates, Home loan rates, Homeowners, Christmas Debt