Home Loans

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.

Mark Bristow -

18 Mar, 2024 -

6 min read

Home Loans

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.

Mark Bristow -

18 Mar, 2024 -

4 min read

Home Loans

Because Lender's Mortgage Insurance (LMI) can be a significant extra expense when purchasing a property, it's important to include it in your budget when calculating whether you can afford a home loan, to avoid finding yourself in financial stress at the very start of a 30-year mortgage term.

Mark Bristow -

21 Nov, 2017 -

3 min read

Personal Loans

Buying a home is a huge financial decision and needs careful consideration and planning. Getting a personal loan for your house deposit may be possible, but is likely to add complexity.

Jodie Humphries -

17 Dec, 2020 -

3 min read

Home Loans

Many mortgage lenders have been gradually pulling their cashbacks from the market due to increasing refinancing activity and more intensive competition. But there are still cashback deals available for refinancers and first home buyers to compare, as well as other competitive incentives. 

Mark Bristow -

14 Feb, 2024 -

4 min read

Home Loans

This month, there are 28 lenders offering cashback deals for both refinancers and new buyers. These deals range from $2,000 to $10,000, depending on the size of your home loan.

Alex Ritchie -

02 May, 2023 -

4 min read

Home Loans

Going, going, gone! There are even less cashback deals on offer for home loan customers, with only 12 lenders offering deals in August - down from 35 in March 2023. 

Alex Ritchie -

01 Aug, 2023 -

5 min read

Home Loans

Engineers are highly respected professionals and therefore can be eligible for special discounted interest rates. Check your eligibility for an engineer mortgage loan discount.

Jodie Humphries -

16 Oct, 2020 -

7 min read

Home Loans

Serving or retired defence workers can check their eligibility to get a military home loan and the provisions of defence service home loan schemes.

Jodie Humphries -

30 Oct, 2020 -

8 min read

Home Loans

If you’re a teacher planning to buy your first home, you can save thousands with the right home loan. Depending on your income and employment type, you may be eligible for special offers on home loans for teachers, including waived LMI when borrowing up to 85 per cent of the property price.

Jodie Humphries -

22 Oct, 2020 -

10 min read