How You Can Avoid Paying LMI?
With the increasing demand for people to purchase properties to have a home that belongs to them, the prices of properties are also going high. This inflation is making it difficult for individuals to save a deposit which will be enough to purchase a home. Home buyers who are unable to meet the deposit amount […]
Unlocking Your Renovation Dreams: Six Funding Options To Restore Your House
It is really hard to renovate your home. Your time and energy gets consumed simultaneously in this endeavour. Money is another factor that needs to be crucially considered. If you have all the financial support then things can go smoothly, if not, then you can face more troubles. There are some ways in which you […]
What Is Home Loan Pre-approval, Its Process and Benefits?
To buy a home, you must have the required finances, whether you are buying the home through a loan or paying the cost upfront. To get a home loan in Sydney, it is essential to make a down payment or deposit, which is at least 10% of the property’s value. To make your buying process […]
Health Check For Home Loans
People immediately think of a doctor when the word health check is put forward. However, in the financial world, the health check is also associated with the health of your finances for perhaps the largest transaction of your life: a home loan. Usually, the process of buying a home is preceded by a home loan […]
5 Effective Ways To Accelerate Your Loan Repayment
When planning to buy, it usually happens that we like an estate that may be out of our budget. Despite that, we may still buy it or explore more options. The prices of properties in Australia are increasing, making it more difficult for first-time home buyers to purchase homes. For this, they can get a […]
Do You Pay Less Interest Rate By Paying Every Fortnight?
Repayment of the loan and interest are made every month. Usually, when a person takes a home loan in Sydney, they make repayments and interest every month (however, there can be some exceptions). According to some people, if you make the repayments every fortnight, you will have to pay a lower rate of interest. Is […]
Steps You Need To Take Before Contacting A Mortgage Broker
The journey of buying a home is exciting as it begins a new chapter, especially for first-time home buyers. When getting home loans in Sydney or refinancing, there is always a key partner who helps you get through this process, known as a mortgage broker. These professionals can create a financing map for you, give […]
What Is Loyalty Tax And How To Avoid It?
Although many businesses promise multiple rewards and benefits for their customers, the clients pay for loyalty. This is called loyalty tax. The companies take advantage of the loyalty of their existing customers and gradually increase their premiums. Thus, this practice is also condemned by many as manipulative and exploitative of existing customers. You can avoid […]
Things You Need To Know About The Art Of Refinancing
Refinancing is a finance strategy that can save a good amount of money, help you reduce monthly mortgage payments, and help you achieve all your financial goals, whether long-term or short-term. However, in order to get an efficient output, understanding and mastering the fundamental art of refinancing is essential, which involves careful consideration, strategic planning […]
Is It Possible To Buy A Property Without Pre-Approval?
Buying a property without pre-approval is possible; however, there are some factors, conditions or limitations that one needs to be aware of in order to continue the process. Read on to understand the factors you need to consider in relation to home loans in Sydney. Factors You Need To Consider To Buy A Property without […]
