Why NOW is the best time to refinance! Dec 16, 2019 | Home LoanThe end of the year is coming quickly, and it’s at this time that many people start to evaluate their financial situation and set financial goals for the New Year. A home loan is usually the biggest expense for Australian households, and refinancing your loan to a...
How To Pay Off Your Home Loan Sooner Oct 16, 2019 | Home LoanA home loan is usually the largest debt for most Australian households. Paying it down faster than scheduled can literally save tens of thousands of dollars. The simplest way to reduce the total amount paid on your mortgage is to pay off your home loan faster than...
Are you a doctor? Save on LMI! Oct 9, 2019 | Mortgage InsuranceOne of the hardest parts of securing a home loan is saving the 20% deposit required by Australian lenders. Fortunately, medical professionals are eligible for an LMI waiver from the major banks and most smaller lenders, meaning that they can borrow up to 90% of the...
All You Need to Know About Lenders’ Mortgage Insurance (LMI) Aug 21, 2019 | Mortgage Insurance, UncategorizedSaving for a home deposit can be extremely demanding, especially when you are dealing with other expenses such as rent, childcare and day to day life. Most lenders recognise that saving a 20% deposit would take tens of years for the majority of Australians, even if...
When Should You Refinance Your Home Loan? Aug 21, 2019 | UncategorizedA home is the largest purchase most people will make, and a mortgage their largest liability. Australians typically change their home loan provider every 4-5 years, and whilst there is no set period in which you should consider a home loan refinance, there are some...
