Inside info

How Much Can I Borrow?

Unlock Your Borrowing Capacity – Find Out How Much You Can Borrow

Guides, Home lending, Inside info

Unlocking your borrowing capacity is a vital step in securing your dream home. This guide delves into the critical factors affecting your loan potential, from income and expenses to interest rates and loan terms. Learn strategies to boost your borrowing capacity and navigate the complexities of home loans with expert insights. Whether you’re a first-time buyer or looking to refinance, understanding your borrowing power is crucial in making informed decisions for a secure financial future.

What You Need to Know About Lenders Mortgage Insurance (LMI)

Guides, Home lending, Inside info

Dive into the intricacies of Lenders Mortgage Insurance (LMI) with this detailed guide. Learn the purpose of LMI, how costs are calculated, and strategies to bypass or reduce these expenses. Whether you’re facing a high Loan-to-Value Ratio (LVR) or seeking ways to protect your investment, understanding LMI is key to better managing your home loan and securing your financial future.

Why Should I Use a Mortgage Broker in 2023?

Guides, Inside info

Discover the advantages of engaging a mortgage broker for your home purchase in 2023. From saving time and effort to accessing expert advice and tailored loan solutions, learn how a broker can simplify the complex world of home loans and help you make informed decisions. Ensure you choose the right broker with the proper credentials and get insights into alternatives like direct lenders and comparison websites for a comprehensive loan process.

When will interest rates go down in Australia?

Guides, Inside info

The cash rate, often viewed as the barometer of a nation’s financial health, has been at the forefront of economic discussions and debates. 

Since May 2022, this rate has seen a series of hikes, leading to a ripple effect across various sectors, especially for those managing household budgets.

How to Calculate Interest on a Loan

Guides, Inside info

When you delve into the intricacies of loans, whether it’s for purchasing a dream home, funding higher education, or even buying that much-desired gadget, you’ll invariably encounter the term ‘interest’.

It’s a cornerstone upon which the edifice of modern finance is built.

How Do Mortgage Brokers Get Paid in 2023?

Inside info

In this comprehensive guide, we’ll delve into the inner workings of the mortgage industry and uncover “how do mortgage brokers get paid”, the role of aggregators, and the benefits of using a broker.

Scroll to Top