Loan Features

How Redraw Can Surprise You with Its Savings

While interest rates remain low, find out how to pay off your home loan faster using a redraw facility.

About lender’s mortgage insurance

You will only need mortgage insurance if you borrow more than 80% of the property value. Whether mortgage insurance is required depends on your lender.

Home loan features: what’s right for you?

Home loan features vary considerably from lender to lender. Some features – like an offset account, additional repayment facility, redraw facility and repayment holiday – can have great benefits. A broker can help you determine which features are right for you.

What is the comparison rate?

Understanding what a comparison rate is, is an important factor in making good borrowing decisions. Here is everything you need to know about comparison rates.

Understanding Lenders Mortgage Insurance

Lenders mortgage insurance is a tricky concept that not many fully comprehend. It is important to understand that LMI insures the lender, not you. Here is everything else you need to know about LMI

Can I use equity in my property to build wealth?

Equity can be used to finance property and other assets. You build equity with extra mortgage repayments & capital growth. Read on to find out how you can use the equity in your property to build wealth.