Home Loans Articles
Relevant Home Loans articles and tips
Is it possible to borrow money from family for a mortgage?
If you’re struggling to put together a deposit worth thousands of dollars for a home loan, a family member could help by contributing a portion of the deposit. For instance, it’s not uncommon for parents to help their children get on the property ladder by giving them a lump sum amount to meet the minimum deposit criteria for a home loan. There are several other ways in which you can borrow money from your family for a mortgage.
Fixed Rate Home Loan (P&I) 2 Yrs (LVR ≤ 80%)
Lock in your rate for two years, and make extra repayments up to 12 months in advance without penalty (fees apply after this)
Understanding mortgage guarantor criteria
If you are looking for home loan guarantor information, this article will provide an overview of the things you must know before you apply for a guarantor mortgage.
Can you refinance a home loan without equity?
Having low equity in your home doesn’t mean that you can’t refinance your home loan at all. However, it does limit your options and adds to your costs. This means that you might have to pay for lenders mortgage insurance (LMI), regardless of whether you’ve paid it before.
How to start saving a house deposit this year
Could this be the year when you finally sign on the dotted line and become a home owner? To do that, you’ll need to save a deposit, which isn’t as easy as it sounds. But there are savings strategies to consider and support options available that may be able to help you make real progress towards your goal this year.
How to gain home loan approval in 2022
You’ve done the hard work of saving up for a deposit for a property, only to discover the work isn’t over come mortgage application time. There are a number of steps you may take to increase your likelihood for mortgage approval in 2022.
What's the minimum deposit for a home loan in Australia?
If you’re looking at taking out a home loan, you’ll need to have a deposit. The minimum amount you need for this deposit will depend on many things.
What is the average mortgage broker commission?
Are you buying a new home and need the help of a mortgage broker? You may want to know more about the commission and trail commission your broker may receive.
The real cost of buying a home that needs renovation
Purchasing a fixer-upper home could save you upfront costs but there are plenty of other things to consider, especially the cost of renovating your home.
Finalising your purchase after mortgage pre-approval
Getting a mortgage pre-approval is an important step in your home buying journey. Find out the next steps after getting a pre-approved mortgage.
Advantages and disadvantages of paying off your mortgage
You’re probably looking forward to the day when you no longer need to repay your mortgage. While you could pay it off early, you should also consider the pros and cons of paying off a mortgage.