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Interest rates are a major factor in each repayment and the total cost over the life of a loan, so staying on top of your current rate, as well as interest trends across the market, is essential. By keeping track of interest rates, borrowers can make informed decisions about choosing a first-time home loan or […]

Considering transforming your home from ‘banal’ to ‘brilliant’, but lack the funds to support your makeover? Never fear, we’ve rounded up five home renovation finance options that could help turn your dream into reality. 1. Equity Release / Top Up Home Loan An equity release or top up loan is one of the most common

When taking the plunge into the world of home loans and property investment, the challenge often lies in knowing which expert to approach for help. Finance brokers and financial planners, although similar in their professional outlook, cater to different financial endeavours. What Does a Finance Broker Do? Brokers that deal in home loans must be

Every home loan application is unique, so the time between your first contact with your broker and approval can never be predetermined. If an application is not completed correctly, you risk delays in approval, or even being declined by potential lenders. There are, however, some things you can do to help the process move quicker.

Preparing a detailed business plan will inform the lender about your business proposal so that it can assess your application as favourably as possible. 1. Know your numbers To inspire confidence in you as a borrower, it’s important you are familiar with your key financial figures, even if you don’t prepare your own financial statements.