Buying your first home has always been a milestone achievement, but in today’s market, it feels more like an uphill battle. The dream of homeownership is becoming increasingly difficult to achieve, especially with rising property prices and the need for a substantial deposit. While previous generations dealt with higher interest...
Frequently Asked Questions for Mortgage Broker
Curious about why you might need a mortgage broker and how we can assist you? Whether you’re a first-time buyer or a seasoned mortgage holder, understanding the value of a mortgage broker is key. So, we’ve gathered answers to common FAQs about our services to show how we can help...
Low-Doc Home Loans
Navigating the vast array of loan options can be challenging, but for self-employed individuals, a low-doc loan might be the perfect fit. Dive in with us as we uncover what makes low-doc loans special, who can benefit from them, their standout features, and whether a fixed or variable rate is...
To Rent or Buy Property in 2024?
As property prices continue to soar, many young home buyers find themselves at a crossroads, trying to decide whether to rent or buy. It’s a dilemma as old as time—or at least as old as mortgages. Deciding whether to rent or buy in 2024’s challenging market is a complex decision...
15-Year vs. 30-Year Mortgages
Choosing between 15-year and 30-year mortgages can significantly impact your finances, influencing everything from monthly cash flow to long-term savings. Let's delve into the nuances of each option to guide you through this critical decision-making process. The 30-Year Mortgage: A Familiar Path For many aspiring homeowners, the 30-year mortgage stands...
A Guide to Low-Deposit Home Loans
Saving for your first home is no easy feat for many Australians. It requires disciplined savings habits and maybe even sacrificing a few smashed avo brunches along the way. It’s not all doom and gloom though, for those struggling to save a hefty deposit, there is a beacon of hope:...
5 Common Home Loan Application Mistakes to Avoid
Are you gearing up to step into the world of homeownership? Whether you're a seasoned investor or a first-time buyer, securing a home loan can be a complex journey filled with potential mistakes along the way. To help you navigate this process successfully, let's delve into the five most common...
Navigating the Home Loan Maze
In the intricate world of a home loan, finding the optimal deal is akin to uncovering a hidden treasure. Yet, armed with knowledge and strategic planning, this endeavour can evolve into a gratifying journey towards homeownership. Let's delve into the pivotal considerations and strategies for securing a favourable home loan....
Understanding Your Borrowing Capacity
If you’re on the hunt for a new home, the term ‘borrowing capacity’ is something you’ll want to familiarise yourself with. It’s a crucial factor in the world of home loans, so let’s dive into what it means, how lenders determine it, and how it affects your finance application. What...
How Lenders Scrutinise your Spending for Home Loan Applications
In the realm of loan applications, every financial decision counts. So, if you're planning on applying for a home loan in 2024, here's what you need to know about how the banks will assess your spending habits and some practical tips to increase your chances of a successful application. Lender...