Reverse Mortgages: Frequently Asked Questions
Reverse Mortgages: Frequently Asked Questions Reverse mortgages are often talked about but not always well understood. They can be helpful in the right circumstances, but they’re not for everyone. Below are some of the most common questions people ask when trying to understand how reverse mortgages work and when they may be useful. What is […]
How to Break Away From Costly Bank Loyalty
How to Break Away From Costly Bank Loyalty Staying loyal to your bank often feels like the responsible thing to do. You opened your accounts there, took out your mortgage there, and have stayed put because everything “works”. But if you’ve never reviewed your home loan, that loyalty could be costing you more than you […]
Pre-approval – Tips and Tricks
Tips and Tricks to Strengthen Your Finances Before Pre-Approval If you’re thinking about buying your first home, getting pre-approval is a major milestone. But before you apply, there’s a lot you can do behind the scenes to improve your chances of a smoother process and better outcome. Pre-approval isn’t just about income — lenders look […]
Bank Loyalty? why you need to explore your options!
Why Bank Loyalty Means Nothing — And How Refinancing Can Work in Your Favour Many homeowners stick with the same bank for years out of loyalty. You opened your first account there, your mortgage has always been with them, and it feels easier to stay put than question it. But here’s the uncomfortable truth: when […]
10 Tips to Help with Refinancing
10 Practical Tips for Reviewing Your Home Loan Regularly Your home loan is likely one of the biggest financial commitments you will ever make. Despite this, many homeowners set up their loan and then leave it untouched for years, assuming it will continue to meet their needs. At The Finance Brokers, we regularly see clients […]
What’s the Risk With Pre-Approval? (Q&A)
What’s the Risk With Pre-Approval? (Q&A) Pre-approval is a helpful step in the buying process — but it’s also one of the most misunderstood. To help set clear expectations, we’ve answered the most common questions buyers ask about the risks of pre-approval and how to manage them. Is pre-approval a guarantee that my loan will […]
Getting Mortgage Ready
Getting Mortgage Ready: What to Do Before You Apply Getting a mortgage doesn’t start when you find a property — it starts well before that. Being “mortgage ready” means your finances, documents, and expectations are aligned so that when the time comes, the process is smoother, faster, and far less stressful. Whether you’re buying your […]
Borrowing capacity; Tips and Tricks
Borrowing Capacity Tips and Tricks: How to Unlock More When Refinancing If you’ve ever wondered how lenders decide how much you can borrow — or felt frustrated that your borrowing capacity isn’t where you expected it to be — you’re not alone. Borrowing capacity isn’t a fixed number. It changes over time, and in many […]
Reverse Mortgage vs Selling Your Home: A Discussion Worth Having
Reverse Mortgage vs Selling Your Home: A Discussion Worth Having When homeowners later in life need access to money, the conversation often jumps straight to one option: selling the home. For some people, selling makes sense. For others, it creates stress, disruption, and a loss they’re not ready for. This is where reverse mortgages often […]
Avoiding mortgage traps
Avoiding the Common Mortgage Traps When Buying Your First Home Buying your first home is an exciting milestone, but it’s also where many people unknowingly fall into mortgage traps that can cost them money, flexibility, and peace of mind. Most first-home buyers don’t make mistakes because they’re careless — they make them because they’re navigating […]