FAQ Lenders Mortgage Insurance
Frequently Asked Questions (FAQ) about Lenders Mortgage Insurance (LMI) 1. What is Lenders Mortgage Insurance (LMI)? Lenders Mortgage Insurance (LMI) is a one-off insurance premium that protects the lender—not the borrower—in case the borrower defaults on their home loan repayments. It is typically required when a homebuyer has a deposit of less than 20% of […]
Cashflow lending in business
Cash Flow Lending Options for Businesses: A Guide by a Finance Broker Managing cash flow effectively is crucial for any business, ensuring smooth operations and sustained growth. However, even the most successful businesses can face temporary cash shortages. This is where cash flow lending comes into play, providing businesses with quick access to working capital […]
Basics of Low Doc Loans
Basics of Low Doc Loans Low documentation (low doc) loans are designed for borrowers who cannot provide the full financial documents required for standard home loans. These loans are particularly useful for self-employed individuals, freelancers, and small business owners who may not have up-to-date tax returns but can demonstrate their income through alternative means. What […]
Benefits of investment properties
The Benefits of Buying an Investment Property in Australia: A Mortgage Broker’s Perspective Investing in property is a popular wealth-building strategy in Australia. With stable long-term growth and the potential for rental income, it can be an attractive option for both seasoned and first-time investors. As a mortgage broker, I often highlight the key benefits […]
FAQ Equipment Finance
Frequently Asked Questions: Equipment Finance As a finance broker, I’ve worked with countless businesses looking for ways to acquire essential equipment without straining their cash flow. Equipment finance is a smart solution for many businesses, enabling them to access the tools and machinery they need while preserving working capital. Below are some frequently asked questions […]
Benefits of Reviewing Your Mortgage
The Benefits of Reviewing Your Mortgage: Why a Regular Check-Up Can Save You Thousands As a finance broker, I often see homeowners treating their mortgage like a ‘set and forget’ arrangement. They lock in a home loan and never think about it again—until they’re forced to. But just like any financial commitment, your mortgage needs […]
Frequently Asked Questions About Invoice Finance SolutionsFAQ Invoice Finance
Invoice Finance: Frequently Asked Questions (FAQ) 1. What is Invoice Finance? Invoice finance, also known as accounts receivable financing or debtor finance, is a financial solution that allows businesses to access cash by leveraging their unpaid invoices. Instead of waiting for customers to pay, businesses receive up to 85-95% of the invoice value upfront from […]
Basic Mortgage Terms
Basic Mortgage Terms in Australia Thinking about buying a home in Australia? Understanding mortgage terms can make the process easier. Here’s a simple guide to help you with the basics. 1. Mortgage A loan used to buy a property. The lender provides money, and you pay it back with interest over time. 2. Loan-to-Value Ratio […]
Thinking of buying your home?
What You Need to Do Before Getting a Mortgage Buying a home is one of the most significant financial decisions you’ll make in your lifetime. Before you start house hunting, it’s essential to ensure your finances are in top shape to qualify for a mortgage with the best possible terms. As a mortgage broker, I’ve […]
Pay off the mortgage!
How to Pay Off Your Mortgage Sooner and Save Thousands Owning your home outright is a dream for many Australians, and paying off your mortgage earlier can lead to significant financial freedom. Not only can it reduce your overall interest costs, but it also provides peace of mind knowing you own your property debt-free. Here’s […]