Fixed vs Variable Interest Rate Home Loans - June 2008
You’re buying your first home. You’re excited. You’re also feeling more than a little bit stressed with the never-ending supply of decisions to be made – Do you buy an existing home or build your own? What home features are most important to you? What neighbourhoods meet your needs? Exactly which house should you buy?... more
Home Loan Myths - May 2007
Debunking some common home loan myths…it may be easier than you think to get a loan!... more
How To Get A Better Mortgage Rate - May 2007
You spend a lot of time and trouble trying to find the perfect home; and while it may not be quite as much fun, you should expend as much or more energy on ensuring that you'll qualify for a great mortgage rate... more
If You Get Rejected... - May 2007
A home loan is a very important part of a person’s life usually and a part of their life that is fraught with not only a lot of financial stress in terms of figuring out how to deal with the loan but also a large amount of emotional stress from the events that frequently come along with a home loan... more
The Process of Getting a Loan - May 2007
There are many times in the life of a typical consumer when they feel the need to get some extra money. There are a number of different times when they decide to get this extra money in loan form and if you think about it one of the biggest loans a person is ever likely to take is a home loan... more
Home Loan Basics: Fixed Rates - April 2007
Home loans are amongst the large number of financial tools available to a person in their financial arsenal; an arsenal that really seems to grow by leaps and bounds every single day of the week... more
Home Loan Basics: Variable Rates - April 2007
There are many different kinds of home loans available for a person’s use but at the same time a person also needs to do research into the topic and find out which loan is the best for them... more
Refinances, Mortgages and Home Equity Loans - March 2007
As a consumer looking for deals in regards to home loans it is important that you are aware of the different options that are available to you... more
What You Should Know About Mortgage Brokers - Jan 2007
Mortgage brokers receive a commission from whichever lender a loan is settled with? In fact they often get two commissions depending on the lender... more
Variable, Fixed or Split Home Loans? - Jan 2007
It is difficult for the first home buyer to work out the best home loan for them. However lenders may make it easier for the new borrower, as variable loans are mainly what are on offer for the first home buyer... more
The Loan Pre-Approval Process - Jan 2007
Most lenders offer some type of loan pre-approval to existing customers and prospective borrowers. Loan pre-approval is simply written confirmation from the lender that it is prepared to lend you money... more
Negotiating Strategies When Buying Your Home - Jan 2007
Negotiating can really help you buy your home at a good price. The selling price may be set at the outset, but the buyer may be able to get the seller to reduce the price... more
Factors Affecting Interest Rates - Jan 2007
A basic understanding of the way interest rates work can assist you in making decisions as to what sort of loan you should apply for... more
Construction Loans Explained - Jan 2007
While building your new home, you do not need the entire amount of your loan drawn down at once. If you do, you will be making repayments on the total amount of the loan, rather than just on the amount you need or have used... more
Buying the Right Property for You - Jan 2007
Although you should find out from lenders or mortgage brokers roughly how much you can borrow before you start your property search, it is advisable for you to find the property you wish to purchase before applying for your home loan... more
Managing Your Debt - Jan 2007
You may have a mortgage, a car loan, and credit cards. This can add up to a lot of debt. Mismanagement of your debt can result in your credit being damaged, or you may even become bankrupt... more
What is a Mortgage? - Jan 2007
Originally a mortgage involved the transfer of a parcel of land from the mortgagor or owner to mortgagee or lender (such as a bank), for the purpose of securing the repayment of the debt owed by the owner to the lender... more
How to Avoid Repossession - Jan 2007
When considering taking out a personal loan to buy a car or other major purchase, you should be aware that if you fall behind on the repayments, there is a possibility that the lender could legally repossess the car or other item... more
Strategies for Paying Off Your Mortgage Faster - Jan 2007
You obviously want to pay off that mortgage as soon as you can, and own your home. It is also about building equity in your home that can serve you well in your retirement. Well, there is no one strategy to do this... more
First Home Owner Grant - Dec 2006
The First Home Owner Grant (FHOG) was introduced by the Commonwealth Government on the 1 July 2000 to offset the effect of the GST on first home buyers... more
How to Reduce Your Home Mortgage to 10 years or less - Dec 2006
How soon you can pay your loan depends on the amount of the loan, the interest rate, whether it is fixed or variable, your current repayments and your ability to pay more... more
Low Doc and No Doc Loans - What are they? - Dec 2006
Low documentation and no documentation home loans (‘low doc’ and ‘no doc’) are intended for people who would normally struggle to obtain a conventional loan, at least at a reasonable interest rate... more
Beware, Bankruptcy is Rising - Dec 2006
Bankruptcy is a legally declared inability or impairment of ability of an individual or organisation to pay their creditors, or to discharge their debts... more
Where do I start Finding a Home Loan? - Dec 2006
Finding the right home loan for you can be a tricky business. A good way to start is to find out how much you can borrow... more
Things to consider regarding your home loan - Feb 2006
Purchasing a home is a big investment and finding the right home loan is essential if you wish to keep your spending to a minimum. Mortgage loans and other related financial services come in a variety of packages nowadays... more
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