If you ask people what they want in a home loan, a good interest rate is probably high on the list. Lenders may use a great interest rate to attract customers. This happens so often, that many people think the interest rate is the most important thing about the loan.
There’s nothing quite like building your own home, or even building an investment property. It can be very exciting and rewarding! Getting a construction loan however, isn’t always as much fun. Construction loans tend to be trickier than regular home loans. There are a number of pitfalls to avoid.
Saving up a deposit for an important step before applying for a home loan. For many people, a deposit represents a lot of hard effort and careful budgeting! So it’s important to use your deposit effectively.
Are you a property owner, planning on making another purchase? You may want to use equity from your current property as a deposit for the next one. This is also known as getting “cash out” for a deposit. While this is a relatively common process, it can also be a complex one. A little planning and forethought can go a long way to making it easier.
Taking cash out of your mortgage can be a great solution in a number of circumstances. It’s a viable and competitive alternative to personal loans and racking up credit card debt. Using this option can be very helpful if you’re looking to consolidate debts, carry out renovations, or need cash for another purpose.
We are committed to changing the face of finance brokers. We know how important your goals are, and understand the importance of getting the most out of your loan, without paying unnecessary interest or charges. Our goal is to help you, within your own unique situation, to achieve the greatest savings possible.