How does home loan pre-approval work?

Buying a home is an exciting time in one’s life, and why shouldn’t it be? You’re making what’s likely to be the biggest purchase in your entire life, and it’s somewhere you could be living for decades to come.

Easy guide to home loan guarantors

Having a guarantor on your home loan application can give you the edge you need to seal the lender’s approval, but there are some things to keep in mind.

How do reverse mortgages work?

Imagine a home loan that actually gives you money and doesn’t require you to make any immediate repayments. Sounds too good to be true right?

Use a mortgage broker or go direct?

Australia’s home loan market is huge, with $28.4 billion in new residential loans approved in July 2019 alone, according to ABS housing stats.

Should you fix your home loan interest rate?

To fix or not to fix? That is the home loan question plaguing borrowers now that home loan rates at historic lows. So is now the time to “lock it in, Eddie”?

What is a bridging loan?

Buying before selling. It’s a risky thing to do but bridging loans can help you, ahem, bridge the gap between buying your new property and selling your old one.

What is a line of credit home loan?

What if your home loan also came with a credit card? Well in some cases they sort of do, as that’s basically what a line of credit is.