How Kids Impact Your Borrowing Capacity in Australia
For many Australians, securing a home loan is a major financial milestone. However, one factor that can significantly influence borrowing capacity is having children. While raising a family is rewarding, it also comes with financial responsibilities that lenders take into account when assessing loan applications. Understanding how children impact your borrowing power can help you […]
The Power of Financial Savviness: Why Every Woman Should Take Control of Her Finances
Financial literacy and independence are essential skills for everyone, but for women, being financially savvy is particularly empowering. Understanding how to manage money, invest wisely, and plan for the future not only provides financial security but also fosters confidence and freedom. Whether you are a professional, a business owner, a stay-at-home parent, or a student, […]
The Journey with your Finance Broker
Your Journey with a Finance Broker: The Importance of Long-Term Relationships Have you ever wondered why your finance broker is reaching out to you six months after you’ve settled into your new property? The answer is simple: a finance broker is with you for life. You’ve just achieved the dream of homeownership, thanks to your […]
Should I rent or buy?
With so many complexities, grants, schemes and information out there, it’s no wonder the decision to rent or buy can feel so hard and conflicting. 3 things to consider when it comes to buying vs renting. Flexibility. Want to live by the beach? Big kid gap year on the horizon? Once you have a mortgage […]
What is Refinancing and when should you do it?
As a homeowner with a mortgage, chances are you’ve heard of the term ‘refinancing’. Refinancing involves reviewing your current mortgage, and potentially swapping your loan to another lender, who can better meet your current needs, wants and circumstances. Refinancing can be a strategy to secure a lower interest rate, switch to a different type of […]
Tips for securing a Business Loan
Tips for securing a business loan Securing a business loan isn’t necessarily difficult but knowing how to navigate your way can be the difference between success and failure. Banks and other financial institutions offer a wide range of business finance options, from commercial property loans, commercial vehicle leases, and commercial and equipment leases, to simpler […]
Before applying for a loan with your partner
There are a few discussions that you need to have that go a little beyond what you may know already. Here’s 3 Things you need to ask your partner before you apply for a home loan together You’ve found someone you want to spend your life with– the hard part is over, right? Wrong. You […]
What is Near Prime Lending
What is Near Prime Lending? Lending criteria’s are getting tougher and borrowing capacity has been reduced, making it even more tricker for customers whose circumstances don’t fit a ‘vanilla’ prime-customer profile to borrow. So, how do these types of customers who fall outside the “prime-borrower” target market of banks gain access to the finance they […]
Who is involved in a property purchase?
Buying a property is more complex than most other purchases you’ll ever make in your life. Here are the different parties who may be involved in your home-buying process and how you can leverage their valuable experience and knowledge. Mortgage broker Brokers act as a liaison between you and the lender. They will find out […]
Home Loan Health Check
When was your last home loan health check? Circumstances can change, leaving your home loan less suitable than it was originally. A home loan health check can reveal if you’re paying too much. What’s involved? Your finance broker can do a full home loan health check for you either in person or over the phone. […]