Many first home buyers struggle to get into the property market. Here are some ways parents are providing much needed support. As the cost of housing has gone up, a growing number of parents are offering to help their children buy their first property. So, if you’re a parent looking to provide financial support to…
Cut through confusion and contact a lending specialist. Given the uncertainty created by COVID-19, many customers are wondering what finance options they have. A good first step is to reach out to a LJ Hooker Home Loans lending specialist as they can guide you through your options to manage your repayments and access any extra…
Many Australian’s still have their home loan with major bank lenders – and it could be costing them thousands of dollars each year. A large number of people simply let their home loan roll along because “they’re too busy to review it” or “it’s too hard to refinance”. For some they simply feel that “My…
If you’ve lost your job and you’re not sure whether to hit pause on your mortgage repayments, or you’ve got a loan pre-approval but you’ve heard your lender may do a backflip, one of the best people to guide you through the finance maze is a lending specialist. A lending specialist will generally have access…
Refinancing your home loan during the COVID-19 crisis could help you to save money or depending on your strategy, even make money. However, borrowers should consider getting the right mortgage and financial advice first and be aware of the potential downsides. 1. You could get a lower interest rate The official cash rate is now…
Refinancing and how it can assist landlords The current Coronavirus (COVID-19) situation and potential impacts on tenants and their ability to make rental payments may put some landlords in stressful situations around cashflow. Recently, Prime Minister Scott Morrison announced a moratorium on eviction for non-payment of rent for a period of six months, where the…
Refinancing can be a great money-saver. Replacing your existing loan can be a chance to lock in a better interest rate, access features you actually need or be with a lender that understands you. However, it can be a bit of a process, so you’ll want to know exactly what you’re up for before you…