by Elise Vine | Jun 2, 2022 | Blog
What is an offset facility? There are many types of home loans and then there are variations within the loan types. A home loan is also called a mortgage and is effectively a loan that is secured against a property. You can have multiple home loans secured...
by Elise Vine | Mar 23, 2022 | Blog
How do you work out property value? The only time you really know the value of a property is when a willing buyer makes an offer that the vendor (current owner) is willing to accept. How does a vendor know what to accept? We all like to think that our home is...
by Elise Vine | Mar 16, 2022 | Blog
How do I know when should I fix my loan, and for how long? Let’s start by understanding some loan terminology. Fixed rate / Fixed Home Loan Interest paid on a mortgage can be either a fixed rate or a floating rate, which means it either stays...
by Elise Vine | Mar 9, 2022 | Blog
So how do you actually go about getting a loan? Banks and lenders require a lot of information about you and your financial commitments and these days due to the CCCFA you need to provide a lot more evidence. If you need money for buying a house, a car,...
by Elise Vine | Mar 2, 2022 | Blog
What do banks consider as Income when it comes to offering you a home loan? We have talked about the banks looking at how you spend your money when they assess your loan application… and of course the banks look at your income also. It is easy for wage and...