How to Get Into Your Own Home Sooner

How to Get Into Your Own Home Sooner

How to Get Into Your Own Home Sooner If like most people you are finding it hard to save a 20% deposit for your new home than you may like to think about asking your family for help Now before we go any further we are not talking about them giving you money as lenders

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Can We Call It Official

Can We Call It Official

  So far in November we have counted 11 lenders that have increased their fixed rate home loans Some by a little some by a lot From our research most lenders are blaming the next US President Donald Trump Since he has won the election there has been a significant rise in the 3 year

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Is Your Limit Affecting Your Borrowing Capacity?

Is Your Limit Affecting Your Borrowing Capacity?

  There is a common misconception amongst borrowers that if you have a credit card (or two) but you don’t owe very much that it will have a minimal impact on your borrowing capacity and your loan application This is not really true as the lender will always look at the credit card limit

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Understanding Your Borrowing Power

Understanding Your Borrowing Power

  “How much can we borrow” is a common question I get asked all the time and it is quite easy to work out if you have the right tools If you would like a ballpark figure we have an online borrowing power calculator on our website that can give you a good indication I

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5 Tips For Getting Your Finances On Track

5 Tips For Getting Your Finances On Track

  Getting your finances under control and on the right track can be a daunting task We all know we should do it but with the ever increasing financial pressure that life seems to throw at us it’s easy to put it into the too hard basket and put it off and off and

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Home Owners Can Clearly Do Better

Home Owners Can Clearly Do Better

  Australian interest rates are at an all-time low and despite the fact that owner occupiers are considered one of the safest borrowers to lenders it turns out that vast majority have never even asked their lender to reduce their rate New Business Versus Existing Customers The sad truth is

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What To Do When The Bank Says No

What To Do When The Bank Says No

  It is always a disappointing and stressful time when you apply for a home loan and it gets declined by your bank for what seems like minor reasons Many borrowers make the mistake of taking a back seat once they’ve been declined and think just because one bank has said no that they all

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Check Your Credit File For Free

Check Your Credit File For Free

  Your credit file contains all of your credit history from all around Australia Whether you took out a phone plan in Queensland, bought a house in Perth or forgot to pay the electricity bill in Broken Hill when you moved, it’s all recorded on your credit file Lenders will always check your

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The Pros & Cons Of Interest Only Home Loans

The Pros & Cons Of Interest Only Home Loans

  Switching to an interest only home loan is not to be taken lightly but sometimes it may be beneficial to free up some cash to get other parts of your life under control For example you may have a credit card debt that you would love to get rid of and would be financially

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Have A Home Loan Deposit, Is It Genuine?

Have A Home Loan Deposit, Is It Genuine?

  When applying for a home loan the lender asks for a lot of different information Things like proof of identification, income, expenses and how much money you have to put towards the loan They may also ask questions about how you obtained this money as they would like to distinguish between

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