9 things to prepare before buying a home If you want your property purchase to be as stress-free and successful as possible, it’s important to follow a methodical process that begins even before you start looking at online listings. The first thing you should do...
Your quick guide to guarantor home loans One of the hardest parts of buying a property can be saving the deposit. A guarantor home loan could give buyers the chance to enter the market years ahead of schedule by using a guarantor (generally a parent or close relative)...
Government opens up more housing assistance places Another 50,000 places have been made available for the federal government’s Home Guarantee Scheme (HGS) for the period 1 July 2024 to 30 June 2025. The HGS includes the First Home Guarantee, which gives eligible...
Understanding Australia’s Major Banks’ Anti-Scam Platform Since 2023, twenty banks – including the big four, have signed up to a “near real-time reporting” system that is designed to reduce scam activity. The Fraud Reporting Exchange (FRX) gives the...
7 steps to increase your borrowing power Borrowing power can vary significantly from individual to individual, based on their financial circumstances and choice of lender. That’s why two friends who appear to have a similar profile can be approved for very different...
How redraw facilities and offset accounts can save you money Understanding Offset Accounts and Redraw Facilities When managing a home loan, offset accounts and redraw facilities are two popular options that can help you reduce the interest charged by applying extra...
