8 Tips for New Australians wanting to purchase property. 1. Find steady employment When you eventually want to apply for a loan, the first thing the bank or lender will investigate is your employment history. They want to see that you are securely settled in a...
Before purchasing a home, it’s important to understand the difference between going directly to a bank and using a mortgage broker. Check out the key differences below: PRODUCT RANGE: Mortgage Brokers have access to 20-30 lenders with over 1000 – 2000 products....
Can I renovate a residential property I own through an SMSF? If you’re thinking of giving your home a total makeover using your SMSF, think again. Unfortunately, while you and your fellow trustees have some control over your fund, it doesn’t mean you can spend...
Can your profession save you on your home loan? When it comes to saving on your mortgage, some of you may not have to look further than your job. If yours is a profession that classifies you as a ‘low risk’ borrower in the eyes of lenders, then you may be...
How do I know I’m getting a good deal from my lender? With so many products offered by various lenders, it can be quite perplexing trying to figure out whether or not you’ve scored yourself a good deal on your home loan. While doing your research and comparing what’s...
What comes first: the property or the loan? It’s easy to get carried away with the fun part of buying a property – looking at houses – but delaying the less compelling task of arranging finance will weaken your negotiating position on both the property and the loan....
