One of the most powerful elements of property investing is that you can access the equity you have in your current property to continue to invest and grow your portfolio. It’s a misconception that you need to have huge sums of money to grow a
Feel like reaching your savings goals and saving for a deposit is impossible. The property market seems forever out of reach? The federal government has listened to the needs of the Australian public, and they have introduced the scheme of using super to buy your
We’ve gathered the top asked questions from our customers about refinancing and compiled a quick guide on refinancing, to keep you guys in the loop about it. Table of contents 1. What is refinancing? 2. How to calculate how much you save by refinancing 3.
Whether to invest in cash flow or for capital growth has been a long battle between investors alike. Discover the benefits between the two and which is most suitable for you
One of the best features to consider when you take out a home loan or refinance is an offset account. It can help to lower your repayments and a way to help pay off your home loan faster.
A mortgage broker helps act as a bridge between you and a bank when applying for a home loan. They’re there to provide you real value and act in the best interest of you in getting the best home loan deal possible.
When people think about debt, they often see all of it as being bad. It’s important to be aware that there is good debt, bad debt and neutral debt and how you act with each of them should be different.
Your credit score is being put to the test as it shows how reliable you are in making repayments to your bank/lender. It is calculated from your personal and financial information in your credit report. Having a higher score will maximise your chances for a better loan.
Many first home buyers can often get caught out with the concept of genuine savings. When you are able to save, it demonstrates that you are able to handle your finances, which makes you someone a bank would like to lend money to.
One of the most confusing parts of the process for first home buyers is the difference between the various types of approvals. Most commonly, when you are looking to obtain finance to purchase a home, there will be two separate approvals that you’re likely to encounter, and it is vital that you understand the differences between them.