Author: Otto Dargan
11 Reasons Your Home Loan May Be Declined
Has your home loan application ever been knocked back by a bank? Many lenders in Australia are quite strict when it comes to allowing people to borrow money for a home and chances are one of these 11 reasons will be the basis for why your application is knocked back. Keep...
Read morefolderCategory: Videos
bookmarkTags: Credit Score, Deposit, Lenders Mortgage Insurance, Self Employed
Cash Rate Cut To 2.25%, Borrowers Winning
The official cash rate was slashed by a quarter of a percentage to 2.25% this week and some banks and major lenders have already started passing on the drop with massively reduced fixed and variable rates. At the Reserve Bank of Australia’s (RBA) monetary policy decision...
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Investec Home Loans: What Happened?
Specialist lender Investec sold off its Australian professional banking arm for $440 million earlier this year and many high net worth professionals have been left wondering where they should go for a home loan. As part of our High Net Worth Clients Package you may be eligible...
Read morefolderCategory: News
bookmarkTags: Doctor, Exemption, Home Loan, Investment, Investment Strategy, Investors, Loan, News, Property Investment
Optometrist Home Loans
As an optometrist, you help people see the world clearly again. Isn’t it about time someone pulled the wool from your eyes? Did you know that you may be eligible for special home loan discounts not advertised to the general public? Let’s just say that the banks have a...
Read morefolderCategory: Videos
bookmarkTags: Doctor, Exemption, Home Loan, Investment, Investors, Lenders Mortgage Insurance, Mortgage Broker
5 Ways Real Estate Agents Stretch The Truth
Real estate agents stretching the truth? So you’ve found a house that you might be interested in and you have some questions for the real estate agent. The question is can you really trust everything they tell you? Of course, not every real estate agent...
Read morefolderCategory: Infographics
bookmarkTags: First home Buyer, Home, Home Loan, real estate agents
Save A Deposit Or Pay Off Debts?
The first step in buying a home is to get your finances in order. There are many would-be home buyers who have some small debts like a credit card or personal but no savings. So should you save a deposit or pay off debts? Step 1: Can you buy now with no deposit? You didn’t...
Read morefolderCategory: Home Loan Articles
bookmarkTags: Credit Score, Debts, Deposit, First home Buyer, Home Loan, Mortgage
How Banks Read Your Payslips
When you apply for a home loan you’ll be asked to provide certain documents to support what you have written on your application form. One of the most important documents, and most poorly understood, are your payslips. What do the banks need? Most lenders will ask...
Read morefolderCategory: Home Loan Articles, Unusual Employment Loans
bookmarkTags: Banks, Loan, Mortgage Broker, Self Employed
Why Lying On Your Mortgage Application Is A Bad Idea
Something we see more of than we should are home loan applications where someone has withheld information or deliberately tried to mislead the lender. This is a sure-fire way to get your application declined and get an unwanted enquiry on your credit file. Don’t make...
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bookmarkTags: Credit Checks, Debts, Home Loan, Mortgage
Can You Use Your Super As A Deposit?
Should Australians be allowed to dip into their superannuation for the deposit on their first home? Treasurer Joe Hockey recently floated this idea when speaking with Sunrise‘s David Koch last Friday and it has since roused the ire of members of the Labor Party and former...
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bookmarkTags: Banks, Debts, Deposit, First home Buyer, Government, Home Loan, Lenders, Loan, Mortgage, News, Self Employed
6 Questions To Ask A Real Estate Agent
As you hop from one property to another in search of the perfect house, knowing what questions to ask your real estate agent can save you a lot of time, stress and confusion. Your agent can be your best friend and give you several tips – if you ask the right questions! By...
Read morefolderCategory: Home Loan Articles
bookmarkTags: First home Buyer, Home, Investment