Great news for those wishing to enter the property market, or for those wanting to refinance . What Is An Assessment Rate? When you apply for a home loan, whether to purchase or refinance, each lender will look at your income and expenses to determine how much you can borrow. However, they all have their
If you are looking to buy property and you are on a spousal visa, it is important to know that your eligibility can vary widely from lender to lender. Can someone on a spousal visa in Australia get a home loan? The answer is yes. However, your eligibility can vary based on how long you
Applying for a home loan as a single parent can be challenging. Whether you are looking to refinance, or to buy a new place for your family. Having one wage to look after all your expenses can be daunting. If you receive income support such as family tax benefit or child support this can help.
It can be challenging to get a home loan, when you are employed on a contract basis. Many lenders will not accept this type of income, whilst others have strict guidelines before they will do so. What is the issue with contract employment? Whilst it is becoming increasingly common for employers to hire on a
If you are looking at buying a home or investment property, or refinancing a current property loan, you would be aware that your income and expenses is one of the most crucial factors regarding how much you can be approved for. However there are other factors involved that lenders will look at, such as your
A recent Australian survey has found that 17% of home owners have borrowed against their home for items such as home renovations, school fees and holidays. Is borrowing against your home a good idea? For those who have purchased recently, using a small to moderate deposit, than borrowing against your home may not be a
We provide expert advice to help you purchase your next home, or to refinance when your needs have changed. We stay up to date with dozens of lender policies. This can save you hours of hunting around, looking for the best options. Leave that to us!