Home Loans

Banks don’t usually recall loans without good reason. They might do this if you miss payments or break the loan terms. Banks can…

Banks and lenders often create lists of suburbs they consider risky for lending. These “blacklists” can make it harder for you to get…

Many homeowners worry about what might happen if their mortgage provider goes bankrupt. It’s a valid concern, but there’s no need to panic.…

When you’re buying a home, an appraisal gap can throw a spanner in the works. It happens when the appraised value of a…

Suncorp Bank offers a range of home loans for Aussie borrowers. Their products cater to first-time buyers, investors, and those looking to refinance.…

Banks can demand full mortgage repayment in certain situations. This process, known as loan acceleration, happens when a borrower fails to meet the…

Low doc loans offer a way for self-employed people and business owners to get a home loan without the usual paperwork. These loans…

Loan structuring is a key part of smart property investing. It’s about setting up your loans in a way that helps you grow…

Selling your house before buying a new one is a big decision. It can affect your finances and living situation. Many people wonder…

When you put your money in a bank, you’re trusting it with an authorised deposit-taking institution (ADI). ADIs are financial organisations that can…

Building societies in Australia are special financial groups that offer banking services. They’re owned by their members, not shareholders. This makes them different…

Mutual banks in Australia offer a unique banking experience. They provide financial services like regular banks but operate differently. Mutual banks are owned…

Credit unions are financial institutions that put members first. They’re owned by the people who use their services, not shareholders. Credit unions offer…

Banks come in different shapes and sizes. You might be familiar with big banks that have shareholders, but have you heard of customer-owned…

When you’re looking to buy a home in Australia, you’ll come across different types of lenders offering home loans. These lenders play a…

Starting a business is challenging, and securing the right finance for your business property can be even more daunting. Company home loans provide…

Interest rates are a hot topic right now, and many people are wondering when they might start to go down. Experts predict that…

Interest rates have played a crucial role in shaping Australia’s economic landscape. Over the years, various factors have influenced these rates, including economic…

Thinking about buying a second home is an exciting step, but it requires careful planning and consideration. The deposit required for a second…

Thinking about financing your property investments? Cross-securitisation might be a term you’ve come across. It’s a loan structure where multiple properties are used…

Unlocking the potential value of your property through equity release can be a smart financial move. If you’re a homeowner, you might have…

Taking out a home loan is a major financial decision and sometimes requires a guarantor, especially for first-time buyers. A guarantor is often…

Buying a house can be thrilling, but it’s important to understand all the financial risks involved. One key concern is what happens if…

Applying for a mortgage can feel like a daunting process, but understanding the role of bank statements can make it smoother. Banks and…

Understanding how to calculate loan interest is an essential skill that can help you make smarter financial decisions. To calculate interest on a…

Thinking of buying property in Australia as a foreigner? You’re in the right place. Yes, foreigners and non-residents are permitted to buy property…

A loan drawdown is a term you might come across when dealing with significant loans like home loans or construction loans. Simply put,…

The Australian mortgage landscape in 2024 is shaped by various factors, making it important for you to understand what to expect when navigating…

Using your superannuation to buy a house in Australia might seem unusual, but it’s a viable option for some. You can use the…

Securing a home loan can be a challenging process for contractors due to the nature of their employment. Unlike traditional full-time employees, contractors…

In the landscape of personal finance and homeownership in Australia, the concept of a salary sacrifice home loan has emerged as a strategic…

As life progresses into retirement, finding a suitable home loan to move, downsize, or simply refinance becomes an important consideration for seniors. While…

A reverse mortgage is a financial arrangement available to Australians, typically over the age of 60, that allows you to borrow against the…

Securing a home loan as a temporary resident in Australia can present unique challenges, but understanding the pathway to property ownership is essential.…

Accessing home loans as a permanent resident in Australia opens up a range of opportunities and benefits similar to those enjoyed by Australian…

Navigating the complexities of the property market can be daunting, especially for those living abroad. Australian expatriates looking to invest in property back…

Securing a home loan as a non-resident in Australia has become more accessible, with some Australian banks offering the same features and interest…

Fast refinance is a mortgage refinancing strategy designed for quick transition. If you’re considering changing your home loan to a different lender for…

When considering expanding your property portfolio, understanding how much equity you can use is a crucial step. Equity, to put it simply, is…

Securing a mortgage with a history of bad credit can be challenging, but it is not impossible. In Australia, some lenders offer specific…

Paying off a home loan can be a significant financial goal for many Australians. A home loan, typically one of the largest debts…

When considering options to fund significant expenses such as home renovations, a car purchase or even covering education costs, a top-up on your…

Determining how much you can borrow on a salary of $150,000 is an important step in financial planning, whether you’re considering purchasing a…

In assessing how much money you can borrow, lenders look closely at your borrowing capacity. This figure is a crucial indication of your…

When you’re considering purchasing a home or investing in property, it’s essential to understand how much you can borrow from a bank or…

Taking out a home loan through a trust can be a strategic financing option for Australians interested in property investment. Trust structures offer…

Deciding whether to fix your home loan is an important financial decision that could impact your budgeting and financial stability over the term…

When you secure a fixed-rate home loan, you’re committing to a set interest rate for a predetermined period, typically ranging from one to…

When applying for a home loan, lenders scrutinise many aspects of your financial health to determine your borrowing capacity. One critical factor in…

If you find yourself in a situation where you can’t pay your mortgage, it’s important to recognise that you’re not alone. Financial hardship…

When considering purchasing a property, home loan pre-approval is a common step that gives you an understanding of how much you may be…

When you default on a loan or credit agreement, it signifies a failure to meet the repayment obligations as stipulated by the contract.…

A credit score is a numerical expression that encapsulates your creditworthiness, crucial for lenders in Australia to evaluate the risk of extending credit…

If your home loan application has been declined, it’s natural to feel disappointed, but it’s not the end of the road. There are…

The Loan to Value Ratio (LVR) is an assessment tool that lenders use to evaluate the risk associated with a mortgage loan. It…

Understanding your financial health is essential, and your debt-to-income ratio, commonly referred to as DTI, plays a pivotal role in that context. This…

Debt recycling is a financial strategy employed to enhance your wealth-building potential while still servicing a home loan. At its core, the approach…

Settlement day is a significant milestone in the journey of buying property, marking the culmination of what is often a complex process. On…

A line of credit home loan offers a flexible financing option that lets you use the equity in your home as a financial…

Negotiating a lower interest rate on your loans can lead to significant savings and better manage your financial commitments. It’s a process that…

The Household Expenditure Measure, commonly referred to as HEM, is a financial benchmark used within Australia to approximate the basic living expenses of…

When looking for ways to pay off your home loan smarter and faster, have you come across offset accounts and redraw facilities? You…

When you’re navigating the waters of property ownership, understanding the difference between a property appraisal and a valuation could save you time, money,…

Purchasing a home is a milestone moment, and if you’re considering it, you’re probably wondering how long the home loan approval process will…

Paying off your home loan can feel like a marathon that never ends, but it doesn’t have to be a gruelling slog. Did…

When you’re considering buying a home or refinancing, understanding all your mortgage options is crucial. Splitting your home loan between fixed and variable…

You might feel confident about your home purchase after receiving a pre-approval for a home loan, but it’s important to understand that it’s…

The world of home loans can be complex and overwhelming, especially for busy legal professionals like you. As a lawyer, you have unique…

Lenders Mortgage Insurance (LMI) is a type of insurance that protects lenders in the event that a borrower defaults on their home loan.…

The dream of homeownership is a common thread that binds us all. Yet, the financial commitment involved can often seem overwhelming. For many…

Owning a home is one of life’s most significant investments and is considered a milestone for many. However, the journey to home ownership…

Homeownership, a quintessential part of the Australian dream, represents financial stability, personal freedom, and a sense of community belonging. Yet, the path to…

The process of refinancing a mortgage can be a powerful tool in managing your debt and increasing your financial stability. However, navigating this…

Homeownership – a cornerstone of the Australian Dream. Yet for many, the necessity of a large deposit can transform this dream into a…

Is there a special mortgage deal for nurses similar to doctor home loans? The answer is an unfortunate no, but there are other…

Is it difficult for self-employed people to take out a home loan? Do lenders view them differently than regular borrowers who work for…

Buying your first property is always challenging, both financially and emotionally. Getting a home loan for your first home can be more daunting.…

Doctors and other medical professionals may be entitled to special home loan package compared to others. Several lenders are providing a wide range…

Mortgage brokers work with a wide range of major banks, smaller banks and non-bank lenders. They act as a go-between clients and lenders.…

An online mortgage broker is a professional who helps people in finding a suitable home loan for them as per their requirements. They…

A mortgage broker is a person who assists you in finding a suitable home loan depending on your needs and goals. But how…

People can obtain a mortgage either by speaking with a mortgage broker or directly approaching a bank for a home loan. So, which…