How do I pay my loan off quicker? Well, there are multiple ways, but it depends on your circumstance. It is easier to pay off a variable loan quicker if... read more →
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 →
What's the difference between Interest Only and Principle and Interest payments? Interest Only payments are when you just pay the interest on the loan, you don’t reduce the amount that... 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 →
What is LVR? LVR stands for the “Loan to Value Ratio” and is simply what it states. It’s the amount of money you borrow for a home loan divided by... read more →
Can I change jobs or circumstances mid loan application? NO. Your loan application is assessed on your current circumstances. So if that changes you may or may not get that... read more →
Can casual workers get a home loan? In the past working casually meant you would find it difficult getting a home loan. This is NOT the case anymore. More and... read more →
Lenders mortgage insurance (LMI) FAQ: Q: What is lenders mortgage insurance? Lenders mortgage insurance (Also known as LMI) is a one off, upfront fee that you pay to the lender.... read more →
What are the different roles of a settlement agent, real estate agent and a mortgage broker when purchasing a property? The settlement agent- This is who completes all the legal... read more →