What are the different types of home loans?

Finding the right home loan can be a lot like finding a romantic partner. There’s many to choose from, but few to match your needs. Some will reject you, some you’ll dump after a while and some you’ll be stuck with for over 20 years.

Should you take out a 40-year home loan?

If you’ve recently taken out a home loan with a 25 to 30-year term, paying it off may seem like an impossible task. Imagine then, tacking on an extra ten to fifteen years to the loan term.

Banks vs credit unions vs non-banks: what’s the difference?

Not all banks are created equal. There can be a distinct difference between banking with a big four behemoth like CommBank compared to, say, an online-only non-bank lender, or a not-for-profit community bank in a surfing village.

What are low doc home loans?

Not everyone can get a regular home loan. For some, ‘low doc home loans’ are the best available option.

How to get a home loan for an apartment

Most people dream of buying their own home one day on a big block of land. But as property prices and the demand for inner-city housing rise, more people are choosing the apartment life, which raises the question: is it harder to get a mortgage for an apartment than a house?

How you can buy a house with a low income

Think your income is too low to ever own a home? Think again! With a bit of discipline and care, you can be approved for a low income home loan.

How to improve your chances of getting a home loan

Gone are the days of carelessly stamping home loan application forms without the forensic scrutiny of expenses. Now, banks want to know exactly what you’re spending your money on – right down to your daily morning latte.