Mortgage Loans Under a Trust Structure - Why Should You Choose a Professionally Qualified Finance Broker? A trust structure is popular because it provides advantages like asset protection and tax benefits. So, many people opt for it. If you want to establish a trust, you must first speak to your accountant and solicitor to take advice regarding the structure of the trust including legal and tax implications. Whether you choose a discretionary, family, unit or a hybrid trust, your accountant [...]

What is a Home Loan Offset Account? A  home loan offset account is one of the most powerful ways to save you hundreds of thousands of dollars over the lifetime of your home loan. A "100 percent home loan offset account" can sound too good to be true. You cannot be more wrong. With it, you will be able to have every cent of your money working for you to: Reduce your mortgage Rather than sitting idly in your cheque [...]

What are Break Costs? Break costs are charged when you take out a fixed rate home loan with a lender with a contract agreeing to lock in your fixed interest rate for a set period.  If you break this contract you can be up for break costs. Are You Thinking of Breaking Out of Your Fixed Rate Home Loan? Breaking out of your fixed interest rate home loan contract during the fixed interest period can be shockingly expensive. So if [...]

To Fix or Not to Fix Your Home Loan? If you are about to buy a house or you are about to refinance your home or investment loan you may be asking yourself, should I fix my loan or not? Everyone wants to choose the perfect home loan and so, no one wants to commit the mistake of choosing the wrong loan rate type. To help you decide you need to know - what is the difference between a fixed [...]

Variable Interest Rate Home Loans A variable interest rate home loan (also known as a "floating" or "adjustable" rate home loan) is the most popular product in the Australian lending market offered by most lenders. Variable Interest Rate Home Loan is suited to: First-time home buyers who just want a home loan product that is simple and not confusing to manage People who just want to stay settled and are not willing to move whether in their work, home, personal [...]

Valuable Information for First Home Buyers Buying your first home at any stage of life can be an overwhelming and daunting experience. It is important to start with your deposit. Most lenders require you to have a genuine savings deposit of at least five percent of the purchase price plus upfront costs and stamp duty if required in your State. So, it is better to plan for deposits in advance. What should be the Deposit Strategy Plan? If you want [...]

High Net Worth Investors - Information on Real Estate Property Investment It is still very evident today that Australian house prices are among the highest in the world on a range of different measures. So, if you are a High Net Worth Property Investor and you are looking at owning investment flats or buying retail or commercial properties, then building a property portfolio with real estate property investments should help you to achieve your financial goals. Property Investment Portfolio and [...]