Jun 27

What Is A Home Loan Guarantor?


A third-party to a home loan is called a guarantor, which helps you get a loan by offering additional security support. Generally, guarantors are limited to spouses or immediate family members. A home loan guarantor can be your helping hand to buying your dream home. Many lenders will allow you to obtain a home loan given that your spouse or family member will help you buy by providing additional security support.Continue reading

Jun 26

The Step-By-Step Guide To Refinancing


Refinancing refers to the process of paying out your current home loan, either with your existing lender or through a different lender. You can get a lower interest rate and reduce your monthly repayments or you could fix your rate for certain period and have the security of fixed monthly repayments. If you would like to refinance your loan, below is a step-by-step guide.Continue reading

Jun 21

How to save money with a redraw facility


Are you looking to save money by reducing the balance of your home loan? A redraw facility is a useful tool that could help you pay off your mortgage sooner if used wisely. A redraw facility is offered by a large percentage of home loans– so how does it work, and how can it help save you money? Continue reading

May 11

How Do You Refinance Your Home Loan


Refinancing your home loan can help you achieve important goals. It can be a great way to access home equity to invest in other areas such as investment property, shares, or managed funds. Refinancing can offer you the chance to take advantage of more flexible features if your circumstances have changed, or if you’ve had your home loan for a few years.Continue reading

May 09

3 Common Myths About Refinancing That You Need To Be Aware Of


Do you think that refinancing is too hard? Have you checked your mortgage recently? Whether you’re looking to lower your monthly repayments, restructure your loan, or access more flexible options, refinancing may be a viable option.

With the general perception being that it’s complicated, expensive, and best left in the too-hard basket, there are many myths surrounding refinancing and here are three common myths about refinancing that you need to be aware of.Continue reading

May 08

What Is A Cash Flow Positive Property


Have you heard the term “cash flow positive” and weren’t exactly sure what it means? In a nutshell, cash flow positive property is whereby the rental income exceeds the expenses of the property. Let’s say for example that you’re making a thousand dollars a month and your bills were roughly seven hundred dollars, then that means that you would be getting around about three hundred dollars’ cash flow positive from your property every month.  Continue reading

1 2 3 9