When you’ve found “the one” for the second time, knowing whether to buy or sell first can be a tricky decision. It’s time to move from your humble first pad to a larger home. But unlike the first time you bought, you already have a home loan. Do you pack it with you or thank…
Much like ordering everything off the menu at a Michelin star restaurant without checking your wallet, searching for properties without understanding your true borrowing power can leave you with a bill that you can’t afford (or get out of). Whether you’re a first-home buyer or looking to upsize or downsize, speaking to a lending specialist…
We answer five of the most popular questions every prospective buyer Googles at the beginning of their home-ownership journey. When you’re looking to break into the property market as a first home owner, there’s plenty to wrap your head around. It’s absolutely understandable that you’ll head over to Google to start your desk research on…
It’s the silver lining to the COVID-19 recession for those lucky enough to still have a job and own a home. Low interest rates are here to stay according to the Reserve Bank of Australia’s governor Philip Lowe and economists. And homeowners can expect interest rates to remain at record low for at least three…
As we prepare for the possibility that the coronavirus pandemic may continue for longer than first anticipated, it’s become essential that home loan customers are offered more flexible options. With many banks and lenders adjusting their application assessment methods, home loan borrowers may be finding it difficult to source the right finance, even if their…
Most home buyers have probably heard about needing a 20% deposit to buy property. But that is not necessarily true as there are other types of loan options that can be taken advantage of. Did you know that there are a limited number of lenders that allow you to borrow up to 98% of a…
The Reserve Bank of Australia (RBA) will keep interest rates on hold in September amid higher unemployment and the Stage 4 lockdown in Victoria. The Reserve Bank of Australia (RBA) has announced the official cash rate for September, amid higher unemployment, stage 4 lockdown in Victoria and a soon-to-be-reduced JobKeeper payment. Despite some economic woes,…
We know it’s been said before, but it has truly been a challenging year, and COVID-19 has brought some unexpected disruptions to income and expenses for many people. While out of adversity often comes opportunity, there may also be short-term challenges to tackle. Our lending specialists are here to support our customers achieve their real…
You might decide that rather than buying an established property as your first home, it would better suit you to build. With the current state government grants and federal government HomeBuilder boost on offer building your first home may be the right choice for you. Building allows you to customise your home from the outset,…
Refinancing is replacing your existing home loan with a new one over the same property asset. Homeowners decide to refinance their property for a variety of reasons. Whether it’s accessing a better home loan, releasing equity or consolidating debts, refinancing may be a smart way to improve your financial situation. Refinancing is available for both…