Thursday 7th November 2024
It’s no secret that many Australians are eagerly anticipating a rate cut from the Reserve Bank of Australia (RBA). While this may make for a happy new year, February might seem a long way off—especially if you’re sweating on that…
Wednesday 30th October 2024
Whether it’s adding a pool for the summer heat or building a granny flat for gran, renovations can add both monetary and practical value to your home. However, these improvements come at a cost and can be quite expensive unless…
Wednesday 23rd October 2024
A pre-approval is when a lender approves you for a home loan before you actually decide on a house to buy. It’s essentially a guarantee that you will be approved for a home loan if you decide to apply for…
Sunday 13th October 2024
Finding the right home loan and paying it off quickly can seem overwhelming, but an experienced broker can make it easier. Here’s a quick guide to help you. Common Home Loans: Principal and Interest Loans: Regular payments on the amount…
Sunday 6th October 2024
A construction home loan is designed for people who want to build their home rather than purchase an existing one. It features a unique payment structure where you borrow in stages as the construction progresses. Typically, the payment structure is…
Wednesday 2nd October 2024
Saving for a summer holiday? Here are some quick tips to help you boost your funds: 1. Check Your Bills: Revisit your utility payments to ensure you’re getting the best deal. Switching providers could save you money. 2. Review Automatic Withdrawals: Check…
Wednesday 25th September 2024
Including offset accounts in your home loan strategy could potentially save you thousands of dollars. Here’s a look at how they work and whether you should consider this option. What are Offset Accounts? Offset accounts aim to reduce the interest…
Wednesday 18th September 2024
Commercial finance can be an excellent way to help your business grow. By speaking to a mortgage broker, you can gain access to the capital needed to expand your operations and take your company to the next level. Commercial loans…
Wednesday 11th September 2024
Do you have a dream you’d love to achieve but think the cost is holding you back? A personal loan might be just what you need to make that dream a reality. Whether it’s starting a new business, buying a…
Wednesday 4th September 2024
So, you’re in the market for a mortgage? Whether you’re a first-time home buyer or a seasoned investor, understanding mortgage broker terminology is crucial. This knowledge will help you make informed decisions and communicate effectively with your mortgage broker. In…
Wednesday 28th August 2024
Property investment in Australia has long been a favoured route for building wealth. However, as with any investment class, putting all one’s eggs in one basket can be a risky strategy. Diversification is the key to mitigating risk…
Wednesday 21st August 2024
In the journey towards homeownership, one of the most pivotal factors in Australia is an individual’s credit score. This numerical expression, derived from an analysis of a person’s credit files, signifies to lenders the potential risk posed by…
Wednesday 14th August 2024
Investing in commercial property in Australia can be a lucrative venture for those looking to diversify their investment portfolio. With its robust economy, stable political environment, and growing population, Australia offers numerous opportunities for investors in the commercial…
Wednesday 7th August 2024
When you’re contemplating the purchase of a home, your credit score becomes more than just a number—it’s a reflection of your financial reliability and can be the key to unlocking favourable mortgage terms. Obtain and Scrutinise Your…
Wednesday 31st July 2024
Understanding mortgage rates is akin to navigating a complex labyrinth; it can be perplexing without the right guidance. As an Australian Mortgage Broker, I am well-acquainted with the intricacies of interest rates and the profound impact they have…
Wednesday 17th July 2024
Embarking on the journey to homeownership can be both thrilling and daunting. As a prospective home buyer in Australia, one of the key steps in this adventure is meeting with a mortgage broker—a pivotal encounter that could significantly…
Wednesday 17th July 2024
The very first step when entering your first home buying journey should be to speak to your local mortgage broker. They will assist you with all the points listed below and will in most cases come at no cost to…
Wednesday 10th July 2024
Buying a new construction home comes with several advantages. Here are some of the pros: Customisation: New construction homes often offer buyers the opportunity to customise finishes, layouts, and features to their liking before the build is completed. This means…
Wednesday 3rd July 2024
In Australia, the loan pre-approval process, also known as conditional approval or approval in principle, is a preliminary step in the home buying journey. Here’s an overview of the process: Loan Pre-Approval Process: Application: You start by submitting a pre-approval…
Wednesday 26th June 2024
Finding a good real estate agent is crucial to successfully selling your home in the Australian market. Here’s how you can go about finding one: Research Online: Start with an online search for real estate agents in your area. Look…
Wednesday 19th June 2024
Property staging in the Australian market, as with many others, is all about presenting the home in the best possible light to appeal to the broadest range of potential buyers. Here are some property staging tips that sellers can use:…
Wednesday 12th June 2024
When considering buying a home that requires renovation, it’s important to differentiate between necessary renovations that should be deal-breakers if not addressed, and those that can be negotiated as part of the sale or undertaken after purchase. Here are some…
Wednesday 5th June 2024
As the end-of-financial-year looms, it’s time to get your financial ducks in a row. Proper preparation can help you reduce stress, optimize tax returns, and comply with regulations. Here’s a condensed guide to sail smoothly into the new fiscal period.
Tuesday 28th May 2024
In today’s challenging economy, owning a home while working multiple jobs might seem daunting. However, with focused financial planning and hard work, achieving the dream of homeownership is within reach. Taking control of your finances is an obvious one, craft…
Tuesday 14th May 2024
As the financial year draws to a close, it’s important to tackle the necessary preparations with a clear and efficient strategy. Here’s how you can navigate the EOFY without the headache. Understand Your Obligations and get to grips with tax…
Tuesday 30th April 2024
Guarantor loans can be an attractive option for borrowers with limited savings, but it’s crucial to understand the potential downsides. In this blog post, we’ll explore the disadvantages of guarantor loans in Australia. Risk to Guarantor’s Property: The guarantor becomes…
Tuesday 23rd April 2024
Lender’s Mortgage Insurance (LMI) can add significant costs to your home loan. To help you avoid this expense, we will explore strategies for buying a house in Australia without requiring LMI. Save for a Larger Deposit: Aim for a deposit…
Tuesday 16th April 2024
A mortgage broker can be a valuable ally when it comes to securing a mortgage. They have the expertise and connections to streamline the process and potentially save you both time and money. In this blog post, we will explore…
Tuesday 9th April 2024
Investing in real estate is a smart way to grow your wealth, and buying an investment property as your first home offers several advantages for Australian investors. In this blog post, we will explore the benefits of this strategy and…
Tuesday 2nd April 2024
When investing in real estate, buying a tenanted property can be an attractive option. A tenanted investment property already has tenants in place, providing immediate rental income and potentially reducing the time and effort required to find tenants. However, there…
Tuesday 26th March 2024
When faced with financial challenges or the need for extra cash flow, many individuals contemplate extending the term of their loans. However, this decision should not be taken lightly, as it can have long-term implications on one’s financial well-being. Extending…
Monday 18th March 2024
Determining when the next interest rate call will be made is a topic of great interest for individuals and businesses alike. The decision made by the RBA regarding interest rates can have far-reaching implications on various aspects of the economy,…
Tuesday 12th March 2024
In today’s world, having a will and genuine savings can pave the way for a secure future. A will is a legal document that outlines how a person’s assets will be distributed after their death, ensuring that their wishes are…
Tuesday 5th March 2024
To provide much-needed support for businesses during challenging times, the government has extended the Instant Asset Write-Off scheme. This initiative, allowing businesses to immediately deduct the cost of eligible assets, offers relief and encourages investment. Stimulating Economic Recovery: The extension…
Tuesday 27th February 2024
Getting a home loan while carrying student debt may seem challenging, but with proper planning and consideration, it is possible to qualify for a mortgage. Here are some tips to help you navigate the process: First, focus on improving your…
Tuesday 20th February 2024
Getting a parental guarantee for a home loan can be a great solution for those who are struggling to secure a mortgage on their own. It essentially involves a parent or close relative acting as a guarantor, promising to repay…
Tuesday 13th February 2024
Taking out a mortgage involves more than just borrowing a specific amount of money. There are several additional costs that borrowers often overlook but need to consider before venturing into homeownership. Down Payment: A down payment is a substantial upfront…
Tuesday 6th February 2024
Refinancing your home can be a wise financial decision that not only helps you save on monthly mortgage payments but also has the potential to increase the equity in your home. Equity refers to the value of your home minus…
Tuesday 30th January 2024
When applying for a business loan, it’s important to know what lenders look for to increase your chances of approval. Lenders consider several factors to assess your creditworthiness and risk level. They will review your credit history, both personal and…
Tuesday 23rd January 2024
Credit cards have become a popular financial tool, offering convenience and flexibility. However, it’s important to recognize that having credit cards can have a significant impact on your ability to secure a loan.
Tuesday 16th January 2024
Refinancing can be a valuable tool to improve cash flow, reduce interest rates, and gain flexibility in managing debt. Read some of the below circumstances when business owners should seriously consider refinancing their loans. Lower Interest Rates: If interest rates…
Tuesday 9th January 2024
Debt consolidation is a financial strategy that can provide relief and simplify the repayment process for individuals facing multiple debts. It involves merging multiple debts into a singular loan or payment, making it easier to manage and potentially reduce overall…
Tuesday 2nd January 2024
Starting a business is an exciting endeavour, but sadly, not all ventures succeed. Various factors contribute to the failure of businesses, including poor planning, lack of market research, and insufficient financial management. Here are some common reasons why businesses fail…
Tuesday 26th December 2023
When it comes to securing financing, deciding between a fixed interest rate loan and a variable interest rate loan is a crucial consideration. Each option has its own benefits and factors to consider. A fixed interest rate loan offers stability…
Tuesday 19th December 2023
Planning a holiday is an exciting prospect, but it’s essential to ensure that your finances are in order so you can avoid any unnecessary stress or financial strain. By taking the time to…
Monday 11th December 2023
As the new year kicks off, it’s a great time to do a thorough business health check. Taking a close look at different parts of your business helps you see what’s going well, what needs work, and what you can…
Tuesday 28th November 2023
You may find it challenging if you are a small business owner struggling with outstanding debt with the Australian Taxation Office (ATO). However, there are some steps you can take to get ahead and take control of your debt effectively.
Tuesday 21st November 2023
As the year comes to a close, many individuals and small business owners face various challenges related to cash flow. It’s important to stay on top of your cash flow so you can set yourself up for success in the…
Tuesday 14th November 2023
As a business owner, you understand the importance of having access to capital to fuel growth and maintain healthy cash flow in the business. Often, navigating through these various financing options can be overwhelming. What is Invoice Finance? Invoice…
Tuesday 31st October 2023
The holiday season is often associated with family gatherings, celebrations, and a sense of warmth and joy. However, it may not be the typical time most people think about buying a property. While the real estate market tends to slow…
Tuesday 24th October 2023
What you need to know about getting a home loan pre-approval Getting a home loan pre-approval is an essential step in the home buying process. It helps you determine your budget and shows sellers that you are a serious buyer.
Tuesday 17th October 2023
With Australia’s property market hotter than ever, getting into the property market as a first home buyer can be extremely daunting, but here are 7 steps you can take to make it more achievable: Explore government assistance: Many governments offer…
Tuesday 10th October 2023
As life gets more and more expensive, it can be hard enough making ends meet let alone considering making additional repayments on your home loan. Let’s face it – it feels like could the money be put to better use…
Tuesday 3rd October 2023
What is a mortgage prisoner? A mortgage prisoner is someone who finds themselves trapped in their current mortgage deal and is unable to remortgage or switch lenders due to various reasons, such as changes in financial circumstances or stricter lending…
Tuesday 26th September 2023
When you enter the property market or transition from your first home to another property, it’s important to pay attention to the value of your house, townhouse, or apartment. The equity in your home is the difference between the current…
Tuesday 19th September 2023
The Reserve Bank of Australia (RBA) increasing official interest rates 12 times since May last year – taking the cash rate from a record low 0.1 per cent to 4.1 per cent – has not only had an impact on…
Tuesday 12th September 2023
Investing in property can be an exciting and profitable venture. One way to acquire investment property is at auction. Auctions offer buyers the opportunity to purchase a property quickly and at potentially lower prices than the traditional market. However, buying…
Tuesday 5th September 2023
Finding the perfect home to meet all of your needs can be a challenge, and when you finally find the home of your dreams, you don’t want to miss out. However, the process of buying a home can be lengthy…
Tuesday 29th August 2023
More than one million Australians have their retirement savings invested in self-managed superannuation funds (SMSF), with these trusts making up almost a third of the nation’s $3.5 trillion superannuation sector. SMSFs have become more popular as they can provide members…
Tuesday 22nd August 2023
Whether you are a startup or an established small business looking to expand, a finance broker will be able to help you navigate all the important factors when looking at taking out a small business loan. There are many reasons…
Tuesday 15th August 2023
Among the strategies to pay off your home loan faster and save money long term, a mortgage offset account is one of the more attractive options. An offset account is another bank account which, rather than earn interest on any…
Tuesday 8th August 2023
With the double whammy of rising cost of living pressures and the Reserve Bank significantly lifting official interest rates to combat inflation, many thousands of homeowners are struggling to make their monthly or fortnightly mortgage repayments. A broker can help…
Tuesday 1st August 2023
In these times of greater cost of living pressures coupled with higher interest rates, those looking to obtain housing finance or refinance their existing loan can face a stricter test from lenders to secure that mortgage. Lenders are required to…
Tuesday 25th July 2023
Changes are afoot at the Reserve Bank of Australia (RBA) with the federal government appointing Michele Bullock as the RBA’s first female Governor. The current RBA Deputy Governor has been tasked with implementing a raft of changes to the central…
Tuesday 11th July 2023
With the new financial year looking to be another challenging period of cost-of-living pressures and higher interest rates, a finance broker can show you how to manage your budget more effectively. You will be amazed how much can be saved…
Tuesday 4th July 2023
It never pays to be complacent when it comes to your finances and setting and forgetting your home loan can be costing you money. ‘Should I review my mortgage?’ is a question brokers are often asked, and the short answer…
Tuesday 27th June 2023
Australians have long been a nation of enthusiastic home renovators, with the COVID-19 pandemic resulting in a boom in home improvements as people unable to travel due to lockdowns spent much more time (and money) in their own backyards. That…
