What Is an Offset Account? A Simple Guide for Homebuyers
“What is an offset account?” You might ask. Here at Professional Lending Solutions we are here to answer your questions! The world of finance may seem daunting and even overwhelming at times so it’s very understandable that sifting through a lot of complicated articles about the topic can feel like a lot. In this blog, […]
How Much Can I Borrow to Buy My First Home?
If you are a first time home buyer and you are asking, “How much can I borrow for a home loan to buy my first home?” or even have Googled “how much can I borrow mortgage?” at some point then you have come to the right place! If terms like “borrowing power” and “credit score” […]
Home Loan Rates: How to Compare and Save Big
With a lower interest rate for your home loan rates you can save more money in your pocket every month. But how does this actually work? Obtaining the most suitable rate for your mortgage can greatly impact your monthly budget. This can mean potential thousands saved in interest over the life of your loan. One […]
Principal and Interest vs Interest Only: Which is Right for You?
Ever wonder what the difference is between principal and interest home loans and interest-only home loans? If you have, you’re in luck because we have written this article to answer that exact question. Read on to learn the differences between principal and interest payments and how it affects your mortgage. You’ll also learn how to […]
Mortgage Broker Near Me: Find One in Your Neighbourhood
Have you ever wondered: “Should I look for a mortgage broker near me or is any mortgage broker in the country fine?” If you have, don’t worry, you’re in good company. Whether you’re a first-home buyer or looking to refinance, finding the right mortgage broker can make all the difference when it comes to securing […]
Income Annualisation Calculator: Boost Your Home Loan Strategy
When applying for a home loan, one of the key factors lenders consider is your income. This is where an income annualisation calculator can be a valuable tool. Presenting your annual income in a clear, easy to understand format for your chosen home loan lender will increase your chances of first-time approval. But what exactly […]
What is the Help to Buy Scheme? First Home Buyer Basics
Dreaming of owning your first home? The Australian government’s Help to Buy scheme could be the key to unlocking your property goals. Designed to assist first-time home buyers and now passed in Parliament, this initiative will help you enter the property market with a smaller upfront investment. What is the Help to Buy Scheme Australia? […]
Great Mortgage Broker: Key Qualities to Consider
If you have been googling “great mortgage broker” because you are trying to find the right advice the first time for getting a home loan, look no further! We have put together this guide on the qualities to look for so you are armed with the right information to find the best mortgage broker for […]
First Home Owner Stamp Duty QLD: Key Insights for Home Loans
If you’re in the market for a new home, there are lots of things to consider. From property locations and values to interest rate structures and government incentives, it’s important to keep your finger on the pulse. First home owner stamp duty QLD rates schedule is another key factor, with this levy adjusted to help […]
Best Mortgage Broker on the Gold Coast: Why It Matters
Buying a home is one of the biggest financial decisions you’ll ever make and finding the best mortgage broker for you is crucial to a stress-free experience. With so many lenders and loan products available, it can be overwhelming to know where to start. That’s where a mortgage broker can be invaluable. A mortgage broker […]
Reverse Mortgages: Help Enhance Your Retirement Income
Reverse mortgages are a financial product designed to provide older homeowners with access to the equity in their property. Unlike traditional mortgages, where you borrow money to buy a home and repay the loan over time, a reverse mortgage allows you to borrow against the equity you’ve built up in your home. We have compiled […]
Home Guarantee Scheme: Unlocking Your Home Loan Potential
Are you dreaming of owning your own home but feeling overwhelmed by the high deposit requirements? The Australian Government’s Home Guarantee Scheme might be the solution you’ve been waiting for. We’ve written this online guide to explain the details of the First Home Guarantee Scheme. From exploring how it works, who is eligible and how […]
Bridging Loans: How Does it Work?
If you’re a current homeowner looking to move to a new home but haven’t concluded the sale on the house you’re still in, you might want to consider bridging loans. What is a bridging loan and when is the right time to use them? How do you qualify and apply for such a loan? This […]
Negative Gearing: What Is It and Why You Should Know About It
Negative gearing is a term often tossed around in property investment circles, but what does it actually mean? Understanding this concept is crucial if you’re considering adding property to your investment portfolio. Let’s break down what is negative gearing and why many Australian property investors opt to use this financial strategy. We’ve written this guide […]
Comparing Home Loan Interest Rates: How a Mortgage Broker Can Help
Securing competitive home loan interest rates is an essential step for anyone buying a property. But considering over 100 different lenders in Australia are offering almost 4,000 different mortgage products, how are you supposed to find the best home loan interest rates? The key is to find interest rates from a wide range of lenders […]