If you are wondering whether you can get a home loan when you're self-employed exploring, you're likely aware of the additional intricacies this process entails. As seasoned mortgage brokers, we've gathered invaluable insights that can significantly streamline this journey for you. In this comprehensive guide, we'll delve deep into each critical aspect of securing a […]
Read moreEmbarking on the journey to homeownership is an exciting journey, but comes many financial considerations, including your house deposit. In this article, we unfold everything you need to know to be able to answer "How much do you need for a house deposit?" and explore various avenues that can help you secure your dream home. […]
Read moreHow to Choose a Mortgage Broker: Your Key to Home Loan Success In a landscape where rejections of home loan applications are on the rise, the importance of understanding how to choose a mortgage broker cannot be overstated. With a multitude of brokers vying for your attention, finding the perfect fit may seem like a […]
Read moreIf you're in the market for a home loan or already have one, you may have come across the term "offset account." But what is an offset account and how can it help you manage your mortgage more effectively? In this blog, we'll delve into the world of offset accounts, explaining what they are, how […]
Read moreUnderstanding the First Home Buyer Choice scheme in NSW: factors to consider The New South Wales (NSW) government recently introduced changes to stamp duty legislation known as the First Home Buyer Choice scheme. This scheme provides first home buyers who meet certain eligibility criteria with the option to either pay upfront stamp duty upon purchasing […]
Read moreDespite the interest rate rises and a moderate decline in house prices nationally, the Perth market has remained relatively resilient. August 2020 to May 2022 saw Perth’s first meaningful growth period in almost a decade. In 2022, we saw eight interest rate rises, bringing the cash rate up from a historic low of 0.10% to […]
Read moreWhile the Sydney market has declined overall, middle-ring areas that offer houses in the $900,000 to $1.5 million range – such as Canterbury-Bankstown, Georges River, Cumberland and Parramatta – still have strong growth markets. According to Canstar’s latest Rising Stars Report, the decline in the market does not mean that all sectors are weak, with […]
Read moreHomeowners on a fixed home loan should act now to get ready for anticipated rate rises. Last year, the number of fixed rate loan applications were at an all-time high, this is due to borrowers taking advantage of record low interest rates in response to the pandemic. Those who took out these fixed rate loans […]
Read moreAs we move through a period of increasing interest rates you are going to see your borrowing capacity get squeezed. While we don’t typically recommend borrowing to your maximum, here are a few tips that can help you improve your situation if you do: While it is good to get an idea of how you […]
Read more