Can I get a SMSF Loan for Commercial Property in Australia? Yes, it was possible for a Self-Managed Superannuation Fund (SMSF) to obtain a loan to purchase a commercial property in Australia. However, obtaining an SMSF loan for a commercial property is subject to certain restrictions and conditions. These restrictions are imposed by the Australian Prudential Regulation Authority (APRA), Australian Securities and Investment Commission (ASIC) and the Australian Taxation Office (ATO). Here are some key points to consider when applying [...]

Refinance Mortgage Calculator for Australian Loans A refinance mortgage calculator is used by a homeowner to determine if their monthly mortgage payments can be lowered. Having a simple interface, which is an interface that has elements that are easy to understand and easy to access. Some refinance mortgage calculators will have scrolling menus to allow customization within certain intervals. If you have unique circumstances that fall between these different intervals the menus can be limiting. The best one will have [...]

How to Invest in Real Estate - A Beginner's Guide Investing in real estate could seem daunting, but it doesn’t have to be as complicated as you think. Real estate investing opens up many new opportunities for savvy investors who know what they're doing and how to do it right. With the growing demand for affordable housing, a shortage of supply and rising prices, investing in real estate is more appealing than ever before. Real estate investing is one of [...]

Fixed Interest Rates have been increasing in Australia For the last couple of months the major banks have been raising their longer term fixed interest rates. It is a full one percent higher or approx $330 per month on a 400k mortgage more. We are heading towards a difficult time for a lot of people who took out home and investment mortgages recently. A lot of people were able to get the home loans they desired due to the historically [...]

Tips for People Refinancing Their Home Loan In the current market scenario, there is a need to seek for refinancing schemes for consumers' loans, especially mortgage. Demand for refinance mortgage loans has been increasing as years go by and here are some tips for people refinancing their home loan. That is because many borrowers are finding it hard to repay their secured debts given the currently prevailing market and financial situations. There are numerous refinance mortgage loans that could be [...]

Why Not to Cross Collateralise Your Investment Loans? Cross collateralisation occurs when the bank uses the security for one loan to secure another loan. What you want to aim for is to have any property you own, investment or otherwise, financed with free standing finance. How cross collateralisation Can It Help You (rarely). For property investors just starting out, using your home equity can help you get your first investment property most easily. The advantage of using cross collateralisation is [...]

Steps to Buying Property in Australia 1- Make the decision to buy. Buy doing this you have set a new goal! 2- Get mortgage finance approved. - This is a crucial step, and usually neglected until the last minute when you have found a home to buy. Find out what your credit score is and purchasing power is and how it ties in with your budget. Do you need to buy cash flow positive, neutral or a negative geared property? [...]