Fixed vs Variable Home Loans: Which Option Is Right for You?
Fixed vs Variable Home Loans: Which Option Is Right for You? Choosing between a fixed or variable home loan is one of the most important decisions borrowers make, yet it’s rarely a one-size-fits-all answer. Each option comes with its own benefits and risks depending on your financial situation, goals, and tolerance for change. Understanding the […]
Investor Red Flags Lenders Look For When Assessing Loan Applications
Investor Red Flags Lenders Look For When Assessing Loan Applications When assessing property investor loan applications, lenders look beyond income and property value. Certain behaviours, structures, or patterns can raise concerns and reduce approval chances. Understanding the investor red flags lenders look for helps investors prepare stronger applications and avoid unnecessary scrutiny. Overextended Portfolios With […]
Why Property Investors Benefit From Using a Mortgage Broker
Why Property Investors Benefit From Using a Mortgage Broker Property investing is very different from buying a home to live in. Investors need flexibility, long-term strategy, and loan structures that support future growth. While some investors go directly to a bank, many experienced investors choose to work with a mortgage broker. Understanding why property investors […]
What Happens If You Can’t Repay a Guarantor Home Loan?
What Happens If You Can’t Repay a Guarantor Home Loan? Guarantor home loans are built on trust, but life doesn’t always go to plan. Job loss, illness, or unexpected financial pressure can make repayments difficult. Understanding what happens if you can’t repay a guarantor home loan helps both borrowers and guarantors prepare for worst-case scenarios […]
How Much Can a Guarantor Increase Your Borrowing Power?
How Much Can a Guarantor Increase Your Borrowing Power? One of the main reasons borrowers consider a guarantor loan is to increase borrowing power or enter the market sooner. While a guarantor can make a meaningful difference, the impact isn’t unlimited and depends on several factors. Understanding how much a guarantor can increase your borrowing […]
What Risks Do Guarantors Take On?
What Risks Do Guarantors Take On? Acting as a guarantor can be a generous way to help a family member buy a home, but it comes with real financial and legal responsibilities. Many guarantors underestimate their exposure or assume the risk is minimal. Understanding what risks guarantors take on can help families make informed decisions […]
Fixed vs Variable Home Loans: Frequently Asked Questions
Fixed vs Variable Home Loans: Frequently Asked Questions Choosing between a fixed and variable home loan is one of the most common — and most important — questions borrowers face. Below are the key questions we’re asked, answered clearly to help you decide what suits your situation best. What is the difference between a fixed […]
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 […]