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It’s the ultimate dilemma for any home owner planning to move on to a new property – do I sell or buy first?

You’re ready to buy a home, but you can’t find a lender who will approve your home loan.

It’s the ultimate dilemma for any home owner planning to move on to a new property – do I sell or buy first?

When you are applying for a loan, the first thing lenders will do is check your credit score – and this will have a strong impact on their ultimate decision.

When you are searching for the perfect property, it can be challenging to work out exactly how much you should be paying.

It is a long journey from saving up the first deposit to actually owning your own home, but it is certainly a rewarding one!

Have you ever wondered why your lender will give you one value for a house while the real estate agent has said something completely different?

1. Emotional investment
2. Lack of planning
3. Get rich quick attitude
…

For most people, buying a home or an investment property are the biggest financial investments of their lives.

A mortgage broker is an independent person or business who specializes in finding the most suitable home loan for a customer, based on the customer’s individual needs and circumstances.

Of course you want to pay off your home loan as efficiently as possible to build equity in your home and avoid excess interest payments.

When you are going through the home loan and mortgage application process, your mortgage broker can help navigate you through all the paperwork and different loan options to find the right loan for you.

If you are struggling to keep up with multiple credit repayments, one option for simplifying the issue is to consolidate all the debts into your mortgage.

A reverse mortgage allows a home owner aged over 62 to borrow against their home’s equity while still maintaining ownership of the home.

Wary about engaging a mortgage broker to see you through the loan application process? There are numerous myths about mortgage brokers that have put people off using their services.

Taking out a home loan is a huge financial commitment and it is particularly important to choose a loan that suits your needs…

As it becomes more and more difficult to break into the housing market, many families are considering the option of a guarantor home loan – generally used when parents provide their house as guarantee for a child’s loan.

A mortgage or finance broker acts as your go-between, communicating with banks and lenders on your behalf, in order to secure the best deal for your circumstances.

There are two main benefits to renovating your property – firstly, you can make it more comfortable and compatible for your lifestyle; and secondly, you can increase the value of your home.

HOMEBUYERS and real estate investors are being warned to watch out for the hidden traps that may be lurking in their potential purchases.

Do you know when your fixed rate term is coming to an end? Once it finishes, the bank is free to quietly switch you to a higher interest rate – unless you act fast!

Pay more, more often.
Want to pay off your mortgage early? Then make bigger mortgage repayments, more frequently.

Whether you are purchasing a new home or an investment property, you are about to embark on one of the most important financial investments of your life.

An offset account is a transaction account that can be linked to your home or investment loan.

There are a bewildering variety of home loans available, and it can be confusing to figure out which type of home loan is the best for your circumstances.

If you are new to Australia and looking to establish a comfortable, settled life here, then sooner or later, you will naturally consider buying property, either as an investment or a home for your family.

You are established in your home and ready to dabble in some investments, yet you are a little daunted by the responsibility of owning two properties.

One of the most important factors in your home ownership journey is the amount of money you can – or should borrow.

It’s natural that when you are researching something as important as a home loan, you should do as much research and comparison shopping as possible.

Your home is perhaps the biggest investment of your life – particularly as it is not just a financial investment, you are also investing in your future lifestyle.

Did you know that more than fifty percent of mortgage borrowers do not know what interest rate they are paying?

Latest survey from Canstar 57% of home owners have not done anything this year to reduce the interest rate they are paying…

It’s simply dividing your home loan into two or more loans. For example, let’s say you have a $200,000 home loan.

It’s not rocket science, it’s simply a matter of making more repayments more often and making sure you’ve got the best mortgage for your situation.

Just when you thought that you could get the best home loan deal by simply having a lump sum of cash, you might have to think again.

So you’re going to take the plunge into real estate ownership. Congratulations! You’ve just made a smart decision in securing your financial future.

Rather than accumulating interest within the account, the money in the offset account is offset daily against your mortgage, reducing the interest payable on your mortgage.

For most people looking for a home loan, the choice is simple – just head to the nearest bank and see what is available.

Before you can find the perfect home, you need to know exactly what you are looking for, you need to know which features are the most important to you.