Differences between investment and owner occupied loans
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 Cashflow Lending
Cash Flow Lending FAQ: 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 FAQ guide explores cash flow lending options to help businesses access working capital without substantial collateral. Frequently Asked […]
FAQ Paying off the Mortgage
FAQs: Paying Off Your Mortgage Sooner 1. Why should I pay off my mortgage early? Paying off your mortgage early can save you thousands of dollars in interest and provide financial freedom. It also gives you peace of mind knowing that you own your property debt-free. 2. How can I make extra repayments? You can […]
Fixing bad credit
Fixing Bad Credit: A Guide for Australians A bad credit rating can make it challenging to secure loans, credit cards, or even rental properties. However, Australians facing poor credit scores can take proactive steps to improve their financial standing and regain access to better borrowing opportunities. What Is a Credit Rating? A credit rating, or […]
Basics of Invoice Finance
Invoice Finance: Frequently Asked Questions (FAQ) 1. What is Invoice Finance? Invoice finance helps businesses get cash quickly by using unpaid invoices. Instead of waiting weeks or months for customers to pay, businesses can receive most of the invoice amount upfront from a finance provider. When the customer pays, the remaining balance is given to […]
Things that can hurt your mortgage changes
What Can Impact 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 understand what factors can impact your ability to secure a mortgage with the best possible terms. As a mortgage broker, I’ve seen firsthand how various […]
Basics; Loan Application
What Information Do We Need for Your Loan Application? Applying for a loan, whether for a home, investment, business, or personal use, requires careful preparation. As finance brokers in Australia, we help clients navigate this process by ensuring they provide the necessary information for a successful application. Below, we outline the key details you need […]
Proven Strategies for Fixing Bad Credit TodayNovated Leases
Novated Leases in Australia: A Guide by a Finance Broker Purchasing a car is an exciting milestone, but for many Australians, financing a vehicle through a novated lease offers significant financial and tax benefits. As a finance broker, I help clients understand the complexities of novated leasing to ensure they make informed decisions. Here, we […]
Why the ATO is not a great lender
How Businesses Can Finance Their Tax Debts: A Guide for Business Owners Every business, at some point, may face challenges in meeting its tax obligations. Whether due to fluctuating cash flow, unexpected expenses, or economic downturns, falling behind on tax payments can lead to serious consequences, including penalties, interest charges, and even legal action. Fortunately, […]
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 […]