It’s no secret that the lending industry is in a bit of turmoil, and it feels like every day there are new Sensationalism in the media, enquiries & Royal commissions, changes to labnder’s policy, servicing and processes.

Banks are clamping down on investors from every angle, with ‘living expenses’ one of the latest factors to draw attention. So how can you maximise your borrowing power, when every little expense is under the spotlight?

To fix or not to fix If you’re about to buy a house or you’re looking to refinance you may be asking yourself, should I fix my home loan or not? Like most decisions, there are pros and cons for each option. Here are some things to think about to […]

Want to get into your new home quicker? Get pre-approved ! What is the home loan pre-approval process? The home loan pre approval process, also known as conditional approval or approval in principle, is when your bank conditionally approves or denies you for a loan before you apply to buy a house.

When applying for a home loan you’re usually asked to provide a lot of different information, including how much money you’ve saved. These savings will be the deposit that you put towards the purchase of your new home. You may also be asked questions about how you’ve saved your deposit, […]

If you are finding it difficult to save up a 20% home loan deposit, you may still be able to borrow from a lender to buy a home – However, you may have to pay Lenders Mortgage Insurance. Yes but what is Lenders Mortgage Insurance? and why is it needed?

Your Loan to Value Ratio (LVR) is the percentage of the security property value that you are borrowing. Simply put, it’s the loan amount divided by the value of your property.

You have probably heard the word ‘equity’ thrown around in financial conversations. While those with a banking background may find this an easy concept to grasp, it can raise question marks for buyers new to the housing market, or anyone unfamiliar with financial jargon. Let’s try and answer a few […]