Is It Better to Have A 10, 20 or 30 Year Mortgage?

Is It Better to Have A 10, 20 or 30 Year Mortgage?

One of the biggest expenses you’ll incur when buying a home is the interest on your home loan. Yet when applying for a loan, the focus is often on the monthly repayment amount and how it fits within your budget. This makes perfect sense because home loan...
What Happens at Your First Mortgage Broker Meeting?

What Happens at Your First Mortgage Broker Meeting?

When you meet with a mortgage broker for the first time, you’ll discover you have an ally in the search to find the best home loan that suits your needs. So what information will your broker need from you and is there any paperwork you need to supply? What to...
How to Finance an Investment Property

How to Finance an Investment Property

Using the equity in your existing home is a common way Australians fund the purchase of their first, second or third investment properties. The advantage of using equity is that it can take the place of a deposit. If you have enough equity in your home, you might not...
Bridging Loans: How Do They Work?

Bridging Loans: How Do They Work?

The purpose of a bridging loan is to provide you with a short-term financing option for transitioning between the purchase of a new home and the sale of your existing one. To understand how this type of loan works, it helps to think of it as an interest-only loan with...