All About Home Loans for Doctors and Medical Professionals
All About Home Loans for Doctors and Medical Professionals The average Australian might think it’s easy to get a home loan when you’re a doctor. After all, ATO reports show that 5 out of the top 10 highest-paying jobs in Australia are all within the medical profession. But when it comes to home loans for […]
Self Employed First Time Home Buyer: Step-by-Step Guide
Self-Employed First-Time Home Buyer: Step-by-Step Guide Are you a self employed first time home buyer? Are you feeling overwhelmed by some of the challenges that come with applying for a mortgage when you’re self-employed? If so, you’re certainly not alone. What you need is some expert guidance, delivered in a way that is easy to […]
Benefits of a Home Loan Refinance for the Self-Employed
Benefits of a Home Loan Refinance for the Self-Employed Are you thinking about a home loan refinance while self-employed? If so, you’re certainly not alone. With the official cash rate jumping to 4.35% off the back of 13 interest rate rises, many homeowners are feeling the pinch. This is especially the case for borrowers at […]
Mortgage Success for the Self-Employed: Tips and Strategies
Mortgage Success for the Self-Employed: Tips and Strategies Obtaining self-employed mortgage approval can be tricky. Why? Because a self-employed person can’t just hand over a couple of months’ worth of payslips as evidence of a regular salary. As a result, mortgage options for self-employed individuals used to involve a lot more stress and a lot […]
Tips to Get Approved for Car Finance
Tips to Get Car Loan Approval Are you worried about getting car loan approval? If so, you’re not alone! According to one survey, 54% of people said they found buying a car to be more or just as stressful as planning a wedding (and 37% said it was as stressful as being trapped in an […]
Guide to Refinance Cashback Offers and Refinancing in 2023
Guide to Refinance Cashback Offers and Refinancing in 2023 With more and more people finding it challenging to meet the financial demands of the times, refinancing has become a go-to solution for many. There are a few different refinancing options a homeowner can tap into when the need arises. After a rapid-fire of interest rate […]
Navigating Low Doc Home Loans: A Tradie’s Quick Guide to Financing in Australia
Navigating Low Doc Home Loans: A Tradie’s Quick Guide to Financing in Australia Getting a home loan can be challenging for tradies, particularly when they haven’t been in business for very long. Good thing there are low doc home loans that tradies can turn to when they’re planning on buying their own home. These days, […]
How Much Does it Cost to Refinance Your Home Loan?
How Much Does It Cost to Refinance Your Home Loan? Thinking of refinancing your home loan? If you are, then you’re not alone. Before you jump the gun, however, you should first find out, how much does it cost to refinance a home loan? Is it free or are there fees associated with such a […]
Can It Be Cheaper to Buy Than Rent?
The age-old question of whether it’s better renting or buying a home has been a topic of debate across the world, and Australia is no exception. And it’s a question that often takes people by surprise. So, is it better to rent or buy? In the past, buying was deemed the better option. These days, […]
How Do I Calculate Mortgage Repayments?
How to Calculate Mortgage Repayments in Australia For many Australians, buying a home is a significant milestone in their lives. However, navigating the world of mortgages can be overwhelming, especially when it comes to understanding how one can calculate mortgage repayments. How much is repayment on a mortgage? As of June 2023, the average initial […]
Can I Access Home Equity with a Cash Out Refinance?
Can I Access Home Equity with a Cash Out Refinance? As a homeowner with a mortgage, you’ve likely heard about the concept of home equity and its potential benefits. But have you ever wondered if it’s possible to access home equity and use it to your advantage? In this article, we will explore the topic […]
Top 6 things to know about a Reverse Mortgage
Have you ever heard of a reverse mortgage? It’s a financial tool that has been gaining significant popularity in recent years, especially among senior homeowners on the Gold Coast. Imagine being able to access the equity you’ve built up in your home without having to sell or downsize. Sounds intriguing, doesn’t it? How does a […]
When is a good time to refinance your home loan?
Refinancing your home loan is a sensible thing to do during a period of interest rate hikes. In fact, a growing number of Aussie homeowners are actively searching for the best fixed rate home loans on offer from lenders. How are they doing this? By refinancing. According to the latest data released by the Australian […]
What Do I Need to Know About Lenders Mortgage Insurance?
As a first home buyer on the Gold Coast, you may have heard that you need to save a 20% deposit before you can apply for a home loan. Otherwise, you’ll have to pay… Lenders Mortgage Insurance! And let’s face it, none of us like having to pay extra for stuff. But on the flip […]
How to make the most of your home loan offset account
No one really likes paying interest on their home loan. For most people, paying interest is a kind of necessary evil – a depressing reality that will ultimately help you achieve your goal (owning your own home). So, when people hear that an offset account could help them pay less interest, they usually get excited. […]