- Home
- Home Loans
- Articles
Home Loans Articles
Learn more about how to manage your personal finances with RateCity's home loan articles, including how-to-guides on comparing home loan interest rates, fees, features and other benefits.
Alex Ritchie
Personal Finance Editor
What is the smallest home loan you can get?
If you’re shopping around for a home loan, you may be surprised to learn that borrowing a small amount can be just as challenging as trying to take out a massive mortgage. This is because mortgage lenders typically have minimum amounts they are willing to lend.
Home Loans
25 Jul, 2024
4 min read
Mark Bristow
Personal Finance Editor
Can you make an offer without pre-approval?
You can make an offer to buy a property by private treaty without having pre-approval from a mortgage lender. However, nothing is final until the contracts are exchanged and signed, so you could miss out on your dream property if you can’t get your home loan organised and approved fast enough.
Home Loans
22 Jul, 2024
5 min read
Mark Bristow
Personal Finance Editor
Owner occupied home loan tax deductions: What's available?
If you’re buying a house to live in or already own an owner-occupied home, you may not be eligible for any tax deductions. However, if you’re earning an income by renting out your investment property, or are using part of your home for running a business, you may be able to claim a tax deduction for some of the costs you incur.
Home Loans
19 Jul, 2024
4 min read
Vidhu Bajaj
Personal Finance Writer
Is home loan interest tax deductible?
Own a property you rent out, either partially or as a whole? You may be able to claim a tax deduction for interest on your home loan when you file your tax return.
Home Loans
13 Jun, 2024
4 min read
Mark Bristow
Personal Finance Editor
What is Lender's Mortgage Insurance?
Lenders Mortgage Insurance (LMI) is an insurance policy that protects your lender if you default on your mortgage. The cost of LMI can be significant, and may affect your home loan budget when buying a property or refinancing a mortgage.
Home Loans
18 Mar, 2024
4 min read
Mark Bristow
Personal Finance Editor
How do you avoid Lender's Mortgage Insurance?
Lenders Mortgage Insurance (LMI) can make a big impact on your mortgage budget if you plan to borrow with a low deposit. Whilethere are several options available to avoid LMI, some may better suit some borrowers more than others.
Home Loans
18 Mar, 2024
6 min read
Alex Ritchie
Personal Finance Editor
Big banks vs small banks for mortgages
Choosing your mortgage provider can sometimes involve as much research as locating your ideal property. After all, you wouldn’t purchase the first property you saw without looking inside, so why would you treat your mortgage this way?
Home Loans
05 Mar, 2024
6 min read
Mark Bristow
Personal Finance Editor
How to get a home loan: a step-by-step guide to applying for a home loan
Getting your first home loan doesn’t have to be as intimidating as it sounds. With just a little preparation, you can confidently calculate how much you can afford to borrow, what support you may be able to get, and how to make an application that’s more likely to be approved by the bank.
Home Loans
29 Feb, 2024
11 min read
Mark Bristow
Personal Finance Editor
How to get started in property investing
Owning an investment property could potentially offer a path to building wealth and ensuring a more comfortable retirement. However, not all borrowers will successfully invest in property, with many selling within the first five years and giving up on their property dreams.
Home Loans
21 Dec, 2023
5 min read
Alex Ritchie
Personal Finance Editor
Can foreigners buy property in Australia? Everything you need to know
Yes, foreign residents can buy property in Australia. However, there are generally more hoops to jump through than if you were a citizen or permanent resident looking to buy.
Home Loans
19 Dec, 2023
5 min read
Mark Bristow
Personal Finance Editor
Can you change your home loan to an investment loan?
Mortgage lenders offer different types of home loans to owner occupiers and to property investors. Buying a home to live in is different from buying an investment property, and comes with a different type of risk for the lender.
Home Loans
15 Dec, 2023
4 min read
Vidhu Bajaj
Personal Finance Writer
Should you get home loan pre-approval before looking for a property?
Plan wisely and learn the benefits of getting a home loan pre-approval before searching for a property.
Home Loans
04 Dec, 2023
5 min read
Trending articles
Alex Ritchie
Personal Finance Editor
25 Jul, 2024
What is the smallest home loan you can get?
Mark Bristow
Personal Finance Editor
22 Jul, 2024
Can you make an offer without pre-approval?
Mark Bristow
Personal Finance Editor
19 Jul, 2024
Owner occupied home loan tax deductions: What's available?
Popular searches
Best mortgages
>Fixed rate home loans
>Low interest home loans
>Variable rate home loans
>SMSF home loans
>Interest only home loans
>Investor home loans
>First mortgages
>Construction home loans
>Bridging home loans
>Low deposit home loans
>Home loan refinance calculator
>Related calculators
Home loan repayment calculator
>Borrowing power calculator
>Refinance calculator
>Stamp duty calculator
>Lender mortgage insurance (LMI) calculator
>
Find a local mortgage broker
Get expert home loan advice and assistance with your mortgage application.
