Using Equity buying an Investment property If you have enough equity in your home, you may be able to use it to buy an investment property and even to build a property portfolio. Equity is the difference between the current…
HOME LOANS FOR REGISTERED NURSES In recent months, there has been a sudden uproar in the number of registered nurses we have helped secure a home loans. This is due to a change in policy that previously was only offered…
RENTVESTING: the new strategy for your investments! As property prices continue to skyrocket, buying in a centrally located or popular area is basically out of reach for the average working millennial. As an alternative, many opt to rent rather than…
NEW GOVERNMENT SCHEMES! Over the weekend, the federal government announced that from 1 July 2021, not only will there be some positive changes to some of the current plans/schemes, but also an introduction of a brand-new scheme allowing divorced or…
Refinance and SAVE! When it comes to mortgages, either for your own home or an investment property, what most Australians don’t do is consider refinancing their mortgages. Refinancing a mortgage loan basically means revising and financing the loan again with…
Top ways to cut your expenses and increase your savings Is the key to saving a home deposit as simple as giving up smashed avo toast for breakfast? Well not quite, but spending less does make a difference. On top…
Knowing what a property is worth is central to avoiding paying too much for it. Set a benchmark Comparing nearby properties that have sold recently is the best way to assess an acceptable price for the property you are looking…
These are loans that are used to secure an investment property. Because the property will not be the principal place of residence for the borrower, interests’ rates are slightly expensive than owner occupied loans. APRA recently introduced new lending restrictions…
In mortgage lending, the term "owner-occupied" means a residence primarily used by its buyer. Mortgage lenders tend to give generally favorable loan interest rates and lending terms for primary residence mortgages. Because your primary residence will be owned and occupied…