Mum and Daughter purchasing a home with the help of the Home Guarantee Scheme

Under the Home Guarantee Scheme, they don’t have to pay loan mortgage insurance even if they only have a 5% deposit.
First Home Buyers Schemes & Grants for 2023-2024

The Home Guarantee Scheme (HGS) is a government initiative designed to support first-home buyers and single parents in buying their homes sooner. The scheme is administered by the National Housing Finance and Investment Corporation (NHFIC). There are two guarantees available under the Home Guarantee Scheme – First Home Guarantee and Family Home Guarantee.
How to prepare for rising interest rates?

With the rise in the cash rate, the big four banks passed the .25% rise to its borrowers. So what should you be doing today to help you ride through the future rate rises expected this 2022?
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.
How to avoid paying Lenders’ Mortgage Insurance (LMI)?

LMI is an insurance policy that the bank takes out to protect itself against the risk that you (the borrower) will default on your loan repayment
How Do Lenders Assess Your Home Loan Application?

When lenders assess a home loan application, they are always assessing their risk. The lower the risk, the more comfortable they are at giving you the loan.
Ultimate tips for First Home Buyers in their 50s

Now more than ever is it important for those wishing to purchase their first home to speak to a broker a year ahead to prepare them for the tumultuous journey ahead
Home Loans for Doctors – Up to 90% LVR with No LMI

Doctors are fortunate they get these incentives that are unavailable to regular borrowers. How much can a medical practitioner save when buying a property?
Home Loan Schemes and Grants for First Home Buyers Over 50

the government has introduced grants and schemes that will allow first home buyers, older borrowers included, to purchase a home with as little as a 5% deposit.
Are 40s and 50s too old to buy a house?

IS 50 YEARS OLD TOO OLD TO BUY A HOUSE?
They’ve always wanted to buy a home and have spoken to two brokers before they approached Maverick Finance about their chances of getting a home loan. When we understood their financial situation, we came up with a strategy.