FAQ; Loan Application
FAQ: What Banks Look for in Your Loan Application Applying for a loan, whether for a home, investment, business, or personal use, requires careful preparation. Banks assess various factors to determine whether you meet their lending criteria. Below are some frequently asked questions (FAQs) regarding what banks specifically look for when reviewing a loan application. […]
Need car finance?
Tips and Tricks for Car Finance in Australia As a finance broker, I’m here to make car finance simple for you. Whether you’re buying your first car, upgrading, or seeking the best financing option, we can help. Get in touch today, and let’s find the perfect solution for your needs! 1. Understand Your Car Finance […]
Tips to avoid LMI
Tips to Avoid Lenders Mortgage Insurance (LMI) Lenders Mortgage Insurance (LMI) is an added cost that many homebuyers want to avoid. Here are some effective strategies to help you eliminate or reduce LMI when securing a home loan. 1. Save a Larger Deposit The most straightforward way to avoid LMI is by saving at least […]
Help with cashflow lending
Tips and Tricks for Cash Flow Lending Managing cash flow is essential for keeping your business running smoothly. If you need extra cash to cover shortfalls, cash flow lending can provide funding without requiring a lot of collateral. Here are some tips and tricks to help you make the most of cash flow lending. Tips […]
Questions about mortgages
FAQs About Mortgages in Australia: Everything You Need to Know Thinking about buying a home or investment property in Australia? If so, you’ve probably got a ton of questions about mortgages. As a finance broker, I hear these questions all the time, so I’ve put together this handy guide to help you navigate the mortgage […]
Risks of invoice finance
How to Use Invoice Finance Step 1: Determine If Invoice Finance is Right for You Invoice finance is best for businesses that: Have unpaid invoices with long payment terms (30-90 days). Need quick access to cash for operations or growth. Have customers with a strong payment history. Step 2: Choose the Right Type of Invoice […]
Tips to get mortgage fit
Tips for Improving Your Borrowing Ability 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 take proactive steps to improve your ability to secure a mortgage with the best possible terms. As a mortgage broker, I’ve seen firsthand how small […]
Working with a finance broker
How a Finance Broker Can Help You Secure the Best Deal Navigating the world of finance can be complex, especially when it comes to securing loans or structuring your financial future. Whether you’re a first-time homebuyer, a business owner seeking funding, or an investor looking for the right lending solutions, working with a finance broker […]
Need a Review of Your Financing Options?Need a review?
Understanding Offset Accounts and Redraw Facilities 1. How an Offset Account Can Save You Money An offset account is a transaction account linked to your home loan. The balance in this account offsets your loan amount, reducing the interest charged. The more money you keep in your offset, the less interest you pay. Example: If […]
FAQ Credit Rating
Improving Bad Credit: FAQ for Australians A poor credit rating can create obstacles in securing loans, credit cards, or rental properties. However, Australians with low credit scores can take proactive steps to enhance their financial standing and regain access to better borrowing opportunities. Frequently Asked Questions What is a Credit Rating? A credit rating, or […]