Why Using a Mortgage Broker Can Save You These 7 Loan Application Mistakes Using a Mortgage Broker to help you get your home loan approved quicker and easier makes sense. Mortgage Brokers can also save you from making these eight common loan application mistakes when applying for a mortgage loan. Whilst having your loan application declined may be overcome, and you can get a great home loan without using a Mortgage Broker, why deal with the stress and bother when [...]

Which Home Loan is Right for You? Choosing your home loan is an important decision because it's usually a huge amount of money. Read our guide to the most popular loans and see which one suits your circumstances. Introductory Home Loans Also known as 'honeymoon loans' it will come with a low interest rate for the first part of the loan. Usually for between six months to 2 years the rate will be lower than a standard variable rate. Once [...]

Tips for Getting Your Home Loan Approval in Australia Nervous about your Home Loan Approval? Feel like begging the bank manager? Before things get to that stage, read out guide for some further clarity. There are several factors that affect your home loan approval. Lenders are looking for ideal borrowers, ones who have proven savings history, ability to repay the loan and a good credit history. Before you apply, get your financial documents in order and research what information lenders [...]

The Benefits of Property Investment Are you looking to invest in property? Due to their high demand nature, this could be an investment decision that produces great financial rewards. Beyond the monetary gain, there are also a variety of added advantages including an increase in personal wealth and your investment portfolio. How else can you benefit from investing? Read on to find out more. Property Investment over other investment options Unlike other investment options, investing in property is more secure [...]

Australian Mortgage and Home Loan Finance Jargon Your Home Loan Finance is probably the most significant financial commitment you will ever make it is essential for all Australian borrowers to understand the Australian mortgage jargon. Attached are some of the most common Australian lending terms in circulation: Comparison Rate Also referred to as AAPR, the Comparison rate reflects the total cost of your loan by taking into account other costs other than the advertised interest rate. Loan-to-Value Ratio (LVR) This is [...]

Helpful Tips on How to Pay Off Your Home Loan Sooner You have finally purchased a home of your own. For so many years it seemed to be like a dream always just a little out of reach. What happens next?  Here are some tips to help you pay off your home loan sooner. Avoid Honeymoon Offers Many lenders use introductory or honeymoon rates as marketing tools to attract new borrowers. You are offered a low rate on your home [...]

The ABC of Getting a Home Loan in Australia If you have never taken out a home loan before - here are some tips that you should consider before getting a home loan. 1. Check your credit rating Before approaching a lender for a home loan make sure that you have a clear understanding of what is on your credit report. Get a free copy of your credit history at Equifax and If you do find something, take immediate action. [...]

The 5 most common questions asked by Residential Home Buyers If you want to buy a home and don’t have the funds, you need a home loan. Applying for residential financing is not difficult when you read this article. It includes answer to the most common questions asked by home buyers. 1 - What Type of Residential Finance is available? Today there are several types of loans in the field of residential finance. • Owner Occupied Residential Purchase • Residential Investment [...]