Investor Loans
The financial aspects to purchasing a home are relatively easily quantified, but invariably the more that buyers analyse potential homes, the more cognitive dissonance they experience. If home buying is just an investment, as often misunderstood, why can the process feel so emotive, confusing and frustrating. The answer lies in the fact that it’s the…
If you’ve ever played Monopoly, you know that having a lot of property goes a long way towards ensuring your wealth. But unlike Monopoly, it’s easy to underestimate just how hard you need to work to build a property portfolio that actually works and isn’t leveraged with debt to the eyeballs. For many would-be investors,…
Much the same as your annual check-up at the dentist, full service on your car, or spring cleaning. Annual reviews of your finances or home loan health checks are essential! Australians are some of the most heavily indebted households in the world, primarily due to the size of our home loans. This means that a…
As interest rates rise, we’re finding that for the first time in a long time, people are often struggling to borrow the amount that they need to settle on purchases. When you’ve spoken with us in the past, we might have given you a few of the below tips to help increase your borrowing capacity,…
If you are willing to pitch in and spend some time it can be significantly cheaper to renovate an existing property than to buy something that has had work done by someone else. It is important to tackle the things that really date the house first and will make your life more comfortable. This includes…
Older units are very often cheaper than buying a modern unit in a high-rise building. While investors and downsizers demand new buildings with all the mod cons, this drives the prices in these buildings up. As a first home buyer, you can get a better deal and stretch your budget further with an older building. …
When buying a property, one of the first things you’ll do is talk to your mortgage broker. They’ll walk you through the entire buying process and will help you know what to expect. But how do you choose a mortgage broker in the first place? These are the 10 questions you should be asking of your mortgage…
After what has felt like a slow and steady strangulation of consumers and their ability to borrow money over the last 5 years or so. Josh Frydenberg made the unexpected announcement in September of 2020 that the Morrison Government intended to relax existing responsible lending laws. With the purpose to make it easier to access…
Most people know that saving is a good thing, and know WHY they should save. The problem is that many people don’t know HOW to save. Here’s 10 steps you should take so you can get on top of your savings, and make your savings faster, easier and less stressful. 1. Understand what you get…
Since the Royal Commission into banking, we’ve had banks doing all sorts of naughty things, getting caught for money laundering, not checking that people could afford their loans, and money laundering some more. Back when the Royal Commission findings were first announced, it seemed odd that mortgage brokers were being targeted in the recommendations that…
