What if you don’t have a 20% home loan deposit?
One way to buy a home without having the full 20% deposit is by paying loan mortgage insurance (LMI). With LMI, you are able to borrow a high percentage
Top 7 Things Every First Home Buyer Needs To Know
Buying your first home? Here are 7 things you need to know. TIP #1: Bigger deposit, better position While some lenders can offer low-deposit loans for less than 5 percent of the purchase price, saving around 20 percent can offer you big benefits: Access to a wider pool of lenders and products You need to […]
6 Steps To Build That Home Loan Deposit When You Are Our Own Boss
When you’re self-employed you know only too well, your income can vary each month and that makes saving up for a home pretty tough going. If you really want to show potential lenders you’re a good candidate for a home loan, having a history of steady, regular savings is a really great place to start. Here are six ways […]
10 Steps To Buying Your First Home
Buying a home is both a wonderful and scary experience. You get excited going to open homes and visiting new suburbs and soon feel frustrated when it comes to organising the finances. Much of this confusion is not knowing enough about the different steps to buying your first home and what’s needed for each stage. […]
Put Yourself in a Strong Position to Buy a Home in 2019
The time between making the decision to buy a home and the turning of the key in your new front door can feel like a long stretch, but there are steps you can take right now to put yourself in a strong position when it comes to buying. The key is to consult with a […]
Smart Ways for First Home Buyers to Increase their Borrowing Capacity
Whether you’re beginning to save for your first home or are already looking through the market, it’s important that you keep your finances in mind throughout the process. First Home Buyers should think of two things, how much deposit you need to save and have and how much you can borrow. To buy a […]