Home Loan Articles
Can I Refinance My Home Loan During The Coronavirus Outbreak?
It’s not just about health, the economy will suffer Governments around the world have been in a position to choose between the economy and health. Unfortunately, many have prioritised the economy and as a result, more drastic actions will need to be taken later. This...
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Coronavirus Mortgage Relief Options In Australia
What is financial hardship? With the global coronavirus pandemic, banks and lenders are stepping up to assist customers who are affected financially. If you have a home loan, struggling to make repayments for a specific period of time is considered to be financial hardship. How...
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Can Afterpay Affect Your Home Loan Application?
Buy now pay later services like Afterpay and ZipPay are raising questions with lenders about a borrower’s ability to repay their home loan. It gives the impression that borrowers do not have sufficient amounts of cash on standby and are living paycheque to paycheque. Banks...
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How Are First Home Buyers Bridging The Deposit Gap?
Seven in ten recent first home buyers (FHB) did not fund 100% of the deposits from their savings, according to The Genworth First Home Buyer Sentiment Report. To bridge the deposit gap, both recent first home buyers and prospective first home buyers are increasingly looking...
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Moving House: Sell Then Buy Or Get A Bridging Loan?
Whether you’re upsizing, downsizing or just moving to a home in a new location, no doubt things have changed since buying your last home. There are a number of home loan options available when you’re moving on to your next property so how do you get from one home to the...
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3 Reasons Why You’re A Mortgage Prisoner
If you’ve been knocked back for a home loan refinance recently, you could be a mortgage prisoner. Banks have been slowly turning the screw on borrowing power and living expenses over the past year and many would-be refinancers are finding their properties are coming...
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Ask Our Brokers A Question After Hours
Need a home loan but not sure where to start? Have a question about the home buying process? Maybe you just want to get an idea if you qualify. At Home Loan Experts, we understand that you have busy lives so you’re not always able to call our 1300 889 743 number during...
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How Do Sharia Compliant Home Loans Work?
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...
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Can Santa Get Approved For A Home Loan?
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! How Does St Nick Make Money Anyway? (Proving Your Income) Banks can be really tough...
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First Home Saver Account Is Gone
As of 1 July this year, the First Home Saver Account (FHSA) is no longer available to hopeful first home buyers. The account provided savers with tax breaks and co-contributions from the government. It sounded pretty good but by the time it was scrapped, there was only around...
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