This week we're going to talk about pre-approvals. The need to knows & any important information you may not be aware of. Here are some pre-approval FAQ's that we get... read more →
Let’s talk about demonstrating to the banks YOUR ability to make mortgage repayments. Due to new regulations within the finance industry, some lenders now require the client (you) to show... read more →
What is collateral/cross security? Primary security is the main property that the bank will take as security for a loan. The Collateral/Cross security is the second property being used to... read more →
What is Positive or Comprehensive Credit Reporting (CCR)? CCR is Australia’s new credit reporting system. CCR is making it easier for lenders to make comprehensive and balanced assessments of a... read more →
So, What is Equity? In regards to property, it is an asset that comes from the homeowners interest in a property. How much Equity you have is worked out by... read more →
WHAT ARE THE DIFFERENT WAYS TO GET INTO MY OWN HOME WITH NO DEPOSIT?? Option 1: Equity in another property If you already own property with substantial equity, you could... read more →