What to consider when buying a second property

Buying your own home remains the great Australian dream – and purchasing a second property may help you take your wealth further. Whether you’re building your property investment portfolio, buying a holiday house or supporting a family member, there are plenty of...
How redraw works and why it’s a handy loan feature

How redraw works and why it’s a handy loan feature

It’s one of the less glamorous home loan features, but the redraw facility deserves a second look. Here’s why: The redraw facility explained: A redraw facility lets you make additional repayments to reduce your variable rate home loan balance and save on interest. If...
Fixed, Variable, Split – Find the right fit for you

Fixed, Variable, Split – Find the right fit for you

In Australia, there are a number of ways to structure your home loan repayments. Finding the best option may save you time and money on your mortgage. Here is some information to help you choose the repayment structure that works best for you. Variable rate loans...
Four must-haves for your next property inspection

Four must-haves for your next property inspection

You’re walking down the street when you see it – the perfect house. It’s charming, quaint and, okay, maybe a bit small, but you’re sure you could extend it later. But before you sign on the dotted line, consider whether your dreams will hold up under a little...
Genuine Savings

Genuine Savings

“Genuine savings” is a hurdle that often confronts first home buyers. It is a mandatory policy that many Australian lenders have when clients are looking to borrow over 85% of the purchase price. It is in place to slow the number of first home buyers applying for...