Learn how to get mortgage approval and buy a home

We’re constantly updating our website with the latest news, articles and advice to keep you informed about the latest industry developments.

Our articles combine both recent bank and lending information, as well as articles about saving for a home loan, moving house and getting approval.

Our popular articles on home equity loans

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What is LVR?

How does it affect your loan application?

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What are genuine savings?

Do you need genuine savings to get approved?

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How to value a property

Find out how to value properties like a professional!

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Bank policy

Are you eligible for a home loan?

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How reliable is your pre-approval?

Why on the spot approvals don’t count.

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Construction loan tips

Use this guide to avoid the common pitfalls.

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The loan application process

How do I apply for a home loan?

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The home buying process

The ultimate guide to buying a home.

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After you have been pre-approved

What are the next steps to home ownership?

  • Jackie

    Hi, do you have an article on the recent rate cut that dropped the official cash rate to 1.5% and how this can affect bank rates?

  • Hi Jackie,

    Here’s the article with all you need to know regarding the impact of the recent official cash rate cut: https://www.homeloanexperts.com.au/blog/news/rba-cuts-rate/

  • dutton

    Do you have a things-to-do list or a bunch of tips for before we apply for a home loan so we can get by the process more easily when we actually do?

  • Hello dutton, we have a page on preparing to apply for a loan where we’ve collected some great info about this, mainly through experience on dealing with our numerous clients over the years. You can check it out here:
    https://www.homeloanexperts.com.au/home-loan-articles/preparing-to-apply/

  • Cropper

    Hello. I want to borrow 85% LVR to buy a 12-bedroom boarding house and also refinance an existing mortgage to release home as security. Can you help?

  • Hi Cropper,

    Unfortunately, this is not going to happen as for a boarding house such as that, it’s likely that you’ll get a max LVR of 60% to 70% with a commercial loan. If you want to discuss this with one of our mortgage brokers then please call us on 1300 889 743.

  • mimi

    I’d like to put myself on my partner’s property title and loan so will I need to prove that I’ve been with him for 2 years to get this approved?

  • No, you don’t need to prove that you’ve been in a relationship with him for 2 years for the loan to be approved. You may need to prove that only in the court of law if you separate and wish to have your assets split.

  • Potter

    What do you mean by a ‘borrower of convenience’?

  • Hi Potter.
    A borrower of convenience is defined as a borrower that’s added to the loan application to provide serviceability and/or security but doesn’t receive a tangible benefit from the loan transaction. It’s not acceptable for a person to be joined in a loan simply to provide income support for servicing, or to provide added security for another party to purchase a property. The exception to this is with guarantor home loan applications.