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 →
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 →
Many of the banks are now are asking for a budget and break down of the clients basic living expenses. This is due to the responsible lending act. This is... read more →
How do you build Equity? As discussed last week, Equity is the amount of your home that you actually own. This is the property value - the loan balance =... read more →
What is and what isn't classified as genuine savings? Our next blog topic will be about why genuine savings is so important when you're borrowing.... Below is a list of... read more →