What are owner-occupied home loans?
While the investment property market in Australia is on the rise, there are still plenty of Aussie home buyers looking for a house they can move straight into and make their home. When carrying out your home loan calculations make sure you look at owner-occupied home loans.
Could you be eligible for a low doc home loan?
If your financial situation is best described as “complicated” you may find it difficult to secure a standard home loan with most lenders. Even if it is through no fault of your own, such as losing your job or a failed business venture, lenders have certain lending criteria they uphold for their protection and for yours.
Three mistakes home buyers make
Steady house prices and low interest rates are encouraging would-be buyers into the property market.
Should you buy a property with friends?
With the house prices on the rise, many Australians are turning to sharing a mortgage in an effort to get on the property ladder. For many, it’s a boost onto the property ladder, opening up a wider housing market and reducing the initial financial burden, but it’s important to beat in mind that there are some risks which could leave you caught out.
Should first home buyers access their super for a new home?
While cutting down on everyday spending can make saving up for a home deposit easier, it's easy to wonder if there's a better solution as house prices climb. For instance, should first home buyers tap into their super savings in order to get their foot on the real estate ladder?
Prevent your mortgage from limiting your lifestyle
The great Australian dream of owning a home can quickly turn into a nightmare if your new home sucks up your entire income, leaving little left over for a comfortable lifestyle.