Ways to cut your expenses and increase your savings
On top of a budget, a savings plan, and strategies such as a high-interest savings account, an effective way to save is to reduce or eliminate expenses.
What is Non-Genuine Savings with Rental History?
deposit held for at least 3 months in a bank account, accumulated over a minimum of 3 months. This is referred to as genuine savings.
Why it’s a good idea to get a pre-approval
Pre-approval confirms you’re eligible to apply for a home loan up to a certain amount. Essentially, the lender checks your financial circumstances to decide
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