by Anu Joshi | Aug 9, 2018 | Mortgage Brokers
According to a recent CoreLogic report, mortgage brokers settled about 57% of all residential loans in Australia in the April – June 2020 quarter. What’s more is that mortgage brokers usually earn a commission from the lender upon settlement of a home loan,...
by Anu Joshi | Aug 9, 2018 | Home Loans
Most mortgage lenders require that the borrower put their own cash into the property, starting at an ideal 20 per cent of the purchase price. This 20 per cent equity in the property makes the loan a low risk for the lender: with such a lump sum tied-up in the...
by Anu Joshi | Aug 9, 2018 | Refinancing
The ongoing reduction in interest rates is a boost to refinancing. According to research from finder.com.au, 35 per cent of all owner-occupied home loans financed each month are now refinanced, with the ratio expected to increase this year. Refinancing presents a...
by Anu Joshi | Aug 9, 2018 | Refinancing
The ongoing reduction in interest rates is a boost to refinancing. According to research from finder.com.au, 35 per cent of all owner-occupied home loans financed each month are now refinanced, with the ratio expected to increase this year. Refinancing presents a...
by Anu Joshi | Jul 11, 2018 | Home Loans
Buying a property is the biggest investment most of us will ever make. Yet, when it comes to home loans, most buyers focus solely on the cost of repayments. Many fail to take into account the (potentially extensive) fees and costs that accompany different types of...
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