Blog

When getting an investment property loan, understanding how interest rates work is crucial because it can help you assess your financial risks better, identify the best products available according to your needs, and determine the most cost-effective time to get…

Buying your first home is an exciting and significant milestone in your life. While it can be a bit overwhelming, following a few simple steps can help you get on the right track and make the process less intimidating. This…

When it comes to purchasing a home, whether you’re a first-time buyer or a seasoned homeowner, the process can be overwhelming. One of the important decisions you’ll need to make is choosing the right mortgage, as it will impact your…

Traditionally, commercial property has been a great way to build wealth. What is commercial property? In Australia, property has zonings and a commercial property zoning means it is located in an area more lined with businesses, factories, office space etc,…

The answer to this question is not a simple one, as it depends on several factors. However, in most cases, refinancing a personal loan does not have a significant negative impact on your credit score. To understand the impact of…

Sound financial decisions require careful consideration and analysis. One such decision is whether to use your home equity to purchase an investment property. While it may seem like a smart move, there are several factors to consider before making such…

Investing in property can be a great way to build wealth over the long term, especially in a country like Australia where property prices have historically shown solid growth. However, financing an investment property can be more complex than financing…

Firstly, refinancing is the process of moving a mortgage facility/loan from an existing lender to a new lender. Alternatively, in some cases, it may also be restructuring an existing loan with the existing lender. There are several reasons why you…

A family pledge loan is a loan where parents or relatives provide assistance in the form of additional security to bring the LVR (Loan to Value Ratio) to 80%, hence avoiding the need for lenders mortgage insurance (LMI). Example –…

A few months back, we wrote about the changing landscape for investors seeking finance. To summarise, the Australian Prudential Regulation Authority (APRA), feel that the property market in parts of Australia is too hot and is trying to put the…

Firstly, your credit report is what all banks use as one of their tools to determine if they will lend to you. Up until 2014, Australia had a “negative credit reporting” system which meant the credit report mainly looked at…