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For those looking to take out a home loan, getting the lowest possible interest rate on the mortgage is the ultimate goal. The lower the interest rates, the less you’re paying back as interest on the loan, and the more manageable the repayments will be.

Need to borrow funds, but not sure where to start? Here’s what you need to know about getting a personal loan in Australia. What is a personal loan? A personal loan is a financial arrangement that allows individuals to borrow money from a l

Congratulations! You’ve found the property you want, and now it’s time to arrange your home loan. Congratulations! You’ve found the property you want, and now it’s time to arrange your home loan. One choice you might have to make is whether to take a

Why Downsizing Might Not Be Your Best Option As retirement approaches – or indeed even if you are already in retirement, the idea of downsizing is often seen as a natural choice for older Australians. A smaller home means less maintenance, a simpler lifes

How to Improve Your Chances of Mortgage Approval Applying for a mortgage can be both exciting and nerve-wracking, especially in Australia’s competitive property market. Whether you're a first-time homebuyer or an experienced investor, securing mortgage approval is

How to buy a property with a low (or no!) deposit The rapid rise in property prices nationally over the past five years, paired with high inflation and low wages growth has created a perfect storm working against those looking to save a 20% deposit to purchase their first home or an inve

Fixed Rate vs. Variable Rate There is a lot to consider when deciding between a fixed and variable home loan interest rate, or whether to have a portion of your loan fixed, and a portion variable. A low rate isn’t the be all and end all. L

5 Things to Avoid Before Applying for a Home Loan Embarking on the journey to homeownership is an exciting venture, but it requires careful planning and preparation. As you gear up to apply for a home loan, it's essential to steer clear of common pitfalls that could hin

While many SMEs rush to optimise their tax and financial affairs before June 30, it’s important to note that the beginning of FY25 represents an opportunity to hit the ‘refresh’ button on your business strategy for the coming year, and together with your accountant, broker and l

AI has been having its influence everywhere, and lately, we're now seeing waves in finance. Lenders are already using AI platforms and tools to efficiently examine their customer's data to approve or reject applications faster. But how does this af

Are you on the path to homeownership but finding the world of home loans and deposits a bit perplexing? You're not alone. Navigating the nuances of 5% genuine savings can feel like decoding a secret language. But fret not! We're here to demystify this crucial aspect of securing your dream home lo

In the world of property development, securing funding is often the critical first step towards turning vision into reality. Whether you're planning to build townhouses, apartments, or embark on a residential land subdivision project, obtaining a construction loan can provide the financial

In the fast-paced realm of property development and investment, time is money. Securing quick and flexible funding is paramount for success. Traditional lending institutions, banks may present challenges with their protracted approval processes and stringent criteria, prompting savvy prope

Saving for a home loan deposit is a significant task before you even sign for your mortgage. To avoid having to pay Lenders Mortgage Insurance (LMI), you will want at least 20% of your purchase price, so that you borrow only 80% of the property’s v

You’ve heard the term credit score, but what does it mean and how can you check yours? What is a credit score? Your credit score is like a financial report card. It's a three-digit number that reflects your creditworthiness, summarizing you

Borrowing for a mortgage can seem daunting, particularly for first-time borrowers. Use these simple tips from the start to make the process seem less intimidating and more achievable. 1. Know yo

Once you lock in a mortgage rate, the terms are fixed and you will need to wait to refinance. So, before you borrow, consider negotiating for a better home loan rate. 1. Do your homework Before you start negotiations, research current mortgage ra

Saving for a loan deposit requires discipline and determination, but it’s an investment in your future. With the right strategies, you can save for a deposit sooner than you think and set up good financial habits you will need when it comes time to repay your loa