Why postcodes count

Why postcodes count

We all have suburbs we don’t like and wouldn’t want to buy a home in, but did you know that lenders have their own postcode dislikes?  There are certain suburbs where lenders impose tough lending restrictions, making it harder for you to apply for a home loan. Known...
7 Genius money saving hacks that really work

7 Genius money saving hacks that really work

Imagine if you could save $80 each week. Then imagine this balloons to $350 by the end of the month. Before you know it, a year has gone by and your bank account is healthier to the tune of $4,200. Sound good? Now let’s make it happen. Here are 7 practical...
Warning: unsecured debt can bite

Warning: unsecured debt can bite

You might not realise it, but any unsecured debt you have can reduce your ability to borrow for a home loan. Unsecured debt refers to any type of debt that doesn’t need any form of security to back the loan. Credit cards are a popular example, with Australians...
Understanding refinancing

Understanding refinancing

Refinancing happens when a home loan borrower moves to a new loan, which then replaces the original one. Refinancing can be internal with your current lender or your new loan can be with another institution.Typically a borrower refinances for three reasons: to move to...