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

Home loan pre-approvals: What you need to know

Feb 19, 2018 6:53:09 AM

Having a pre-approval in place before you start house hunting has a number of benefits: As well as showing sellers and agents you’re serious about buying, it helps speed up the process when you find a home you like, which puts you in a far better negotiating position. If you are considering applying for pre-approval, take a look at our tips for a successful pre-approval application.


Read more

Topics: Pre-approvals, Home Loan, Mortgage, Australia Property, Australia Real Estate, mortgage rates, family home

What to look for when choosing a mortgage broker

Apr 13, 2017 8:31:58 AM

Many home buyers have discovered just how beneficial it is to enlist the services of a mortgage broker when shopping around for a home loan. Working with an experienced mortgage broker not only saves you time as they do the legwork for you, it can save you money too when it comes to finding a mortgage with the best terms and interest rates. So, what should you be looking out for when choosing a mortgage broker to work with? Here is our list of top five traits.


Read more

Topics: Mortgages, Mortgage Broker, Home Loan

Good time to refinance

Jan 19, 2017 7:00:00 AM

The beginning of a new year is a good time to review your household budget. Perhaps you’ve overspent during the festive period and your debt has mounted up. You may be considering debt consolidation or other ways to cut back on expenses. If you’re struggling with debt or you find yourself constantly borrowing money from family or friends, it’s time to take control of your financial situation. Refinancing your mortgage could be the solution.

 


Read more

Topics: Refinancing Options, Mortgage Broker, Budget, Home Loan