Home Loans

With some lenders, the answer is a resounding YES but with others, it makes no difference whatsoever. But why is this significant? Let’s assume that we have two lenders – one of whom looks at someone with a company car and acknowledges that this improves your financial position so they are happy to increase your […]

A pre-approval is quite simply an indication from a lender that they would be prepared to lend money to a borrower based on the information that they have been provided with and subject to certain conditions. Pre-approvals can range from being a piece of paper that has very little value to just stopping short of […]

A common problem that I come across with people that have borrowed money to buy an investment property and also have a home loan is the way that they view these debts. There is a big difference between the interest on tax deductible and non tax deductible debt in that the first (which is generally […]

Changing the way that you repay your home loan can make a difference to how quickly your loan is repaid. Most people are paid weekly or fortnightly and budget accordingly. The amount required to be set aside for electricity, phone bills and council rates – to name a few – are converted back to a […]

Just how you manage your debt is no secret thanks to credit history files, so it pays to keep your file in shipshape order if you want success in buying property. Have you ever borrowed money for a car, owned a credit card, or forgot to pay your phone bill on time? Were you aware […]