What is borrowing capacity? Aug 5, 2019 | UncategorizedStrict regulations in the Australian banking industry mean that lenders have a legal responsibility to ensure that their customers can afford to repay their loans. Borrowing capacity is one of the three major points used to determine whether a loan can be approved,...
10 Smart Ways to Use Your Tax Return Aug 5, 2019 | UncategorizedIt’s that time of the year again, sending us scrambling for the last years’ documentation in order to claim the maximum amount on our tax returns. Most Australians are lucky enough to receive a refund at tax time, and rather than spending it on luxury items, clothes...
Doctor, Lawyer or Accountant? Save on LMI Jul 31, 2019 | UncategorizedOne of the hardest parts of securing a home loan is saving the 20% deposit required by Australian lenders. Fortunately, medical professionals, lawyers and accountants are eligible for an LMI waiver from the major banks and most smaller lenders, meaning that they can...
The 6 Emotional Stages of Buying a House Mar 25, 2019 | Home LoanJulius Shulman a great American architectural photographer said, “What Good is a Dream House if you haven’t got a Dream” Rightly said, everyone dreams of buying that perfect home, but from the moment you start building those castles in air to the time the castle comes...
What does the Real Estate Market have in store for the Australian Borrower in 2019? Feb 19, 2019 | Home Loan2019 is likely to be an interesting year for the Australian economy. This year’s pending Federal election could present opportunities for judicious home buyers and investors with less competition at auctions. While people tend to sit on their hands in the lead-up to...
