Home Loan Articles

How Do Sharia Compliant Home Loans Work?

personOtto Dargan access_timeJanuary 7, 2017

According to Australia’s most recent census, the Muslim population in Australia has reached more than 476,291, a drop in the ocean compared to our total population (2% to be exact). Despite this, the majority of Muslims follow sharia (shari’ah) law, meaning there are literally...

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Can Santa Get Approved For A Home Loan?

personOtto Dargan access_timeDecember 24, 2015

He brings joy to billions of children (and misguided adults) around the world but could Santa Claus actually be knocked back for a home loan in Australia? The answer may surprise you! He can’t prove his income Banks can be really tough when it comes to deciding whether...

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Why A Mortgage Broker Is An Engineer’s Best Friend

personOtto Dargan access_timeNovember 4, 2015

When you’re on site, you don’t even start a job until you know for sure that you’re working in a safe environment and you have the right tools and personnel to get the work done properly. So whether you’re a mining engineer, geophysicist or a surveyor, why would you take...

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Are Honeymoon Rates Really All They’re Cracked Up To Be?

personOtto Dargan access_timeOctober 12, 2015

Buying a home can be rather expensive when you consider the costs involved and the expenses are at their peak during the first few years of home ownership. A honeymoon rate, or an introductory rate, is a special interest rate discount offered on some home loan packages for a...

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Weird Money And The Strange History Of Banks

personOtto Dargan access_timeOctober 9, 2015

Do you have money in the bank? How about a mortgage? The reason why we have banks may shock you. In fact, banks sort of started by accident! From trading chickens for a beer and a feed, to the introduction of paper notes and lending, without banks we wouldn’t live in the world...

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The Top 10 Most Liveable Suburbs In Australia Right Now

personOtto Dargan access_timeOctober 1, 2015

We here at Home Loan Experts just love to talk about property, whether it’s about the current property boom or what the Australian real estate market will look like 10 years from now. Apart from median house prices, rental yields and the overall investment potential of a particular...

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How Much Of Your Home Loan Repayments Are Interest?

personOtto Dargan access_timeSeptember 18, 2015

How much of your home loan repayments are actually reducing your mortgage balance and how much is going to your bank as interest and administration fees? Unless you’re paying interest only, it can be a little tricky trying to figure out the exact amount of interest that makes...

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Why Do Banks Give Lawyers Special Treatment?

personOtto Dargan access_timeAugust 22, 2015

Not many lawyers, solicitors or barristers know this but Australian lenders have a bit of a love affair with you guys. Before you get creeped out, what we’re saying is that banks are willing to offer massive discounts on your home loan because they consider legal professionals...

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Buying A Property? 5 Questions You Must Answer

personOtto Dargan access_timeAugust 19, 2015

Are you dreaming of someday owning a home of your own? If you’ve never bought a property before, there are some questions you should answer before you actually get down to buying one. Here are 5 questions that can help you plan out how to buy a property in Australia. What...

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