Lenders Mortgage Insurance

The Truth About Being A Home Loan Guarantor

personOtto Dargan access_timeJanuary 1, 2017

If you’re a mum or dad, chances are that you’re watching property prices going up across the country and worrying a lot about your kids buying a home of their own one day. You may have thought about helping your child out by acting as a guarantor on their home loan but you’ve...

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Major Bank Cuts Lending To 33 Postcodes

personOtto Dargan access_timeOctober 16, 2016

In a surprise move on Friday, National Australia Bank (NAB) announced that it was expanding its restricted postcode list to include many more inner city and regional areas. The bank will now restrict lending in these areas by requiring people to have a larger deposit or more...

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4 Ways To Slash Your Home Loan Rate

personOtto Dargan access_timeAugust 28, 2016

4 Ways To Slash Your Home Loan Rate (And Save Thousands) People love a good bargain when it comes to clothes and gadgets but what about your home loan? Even with a tiny 0.30% discount you can save more than $30,000 in repayments! Do we have your attention now? Good! 4 magic...

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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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Is Your Property Located In One Of These Risky Suburbs?

personOtto Dargan access_timeSeptember 30, 2015

Did you hear? Your suburb may be on a list of high risk postcodes as identified by one of the Australia’s biggest banks! National Australia Bank (NAB) has identified 40 suburbs where “significant deterioration in credit risk has been observed” and a further 43 suburbs...

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Why Do Mining Engineers Get Special Home Loan Discounts?

personOtto Dargan access_timeSeptember 29, 2015

Whether you’re a mining engineer, surveyor or geologist, Australians know that you’re one of the backbones of our nation’s economy and you work bloody hard to keep it that way. With well over 400 mining, energy and resources projects either underway or planned for the near...

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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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7 Essential Tips For First Home Buyers

personOtto Dargan access_timeAugust 16, 2015

Is now the right time to buy a property? In reality, it’s impossible to predict what the Australian property market will do so perhaps a better question to ask is whether you’re ready for a home loan. For example, how much money do you need to purchase the property, how...

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Why Should Lawyers Use A Mortgage Broker?

personOtto Dargan access_timeJuly 22, 2015

As a lawyer, do you know much about what mortgage brokers do? You should! They’re professionals that know how to save lawyers, solicitors and barristers thousands of dollars on their home loan. The reason is that banks consider legal professionals to be low risk borrowers...

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4 Things You Should Know About Lenders Mortgage Insurance

personOtto Dargan access_timeJuly 16, 2015

You may have heard of Lenders Mortgage Insurance (LMI) before but what does it mean when it comes to getting a home loan? Well, not only can it cost you thousands of dollars upfront but it can actually stop you from borrowing altogether! First introduced in Australia in 1965,...

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