by staxhomeloans | Jun 8, 2016 | Blog
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...
by staxhomeloans | May 31, 2016 | Blog
“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...
by staxhomeloans | Mar 31, 2016 | Blog
Lenders mortgage insurance or “LMI” is an insurance policy that the borrower must take out if they are borrowing over 80% of the properties value. The policy protects the lender (not the borrower) in the event the lender has to sell the property and there is a...
by staxhomeloans | Aug 5, 2015 | Uncategorized
There has been a lot of talk over the last few weeks about changes to investment loans. I wanted to give you a brief snapshot as to what’s happening and what it means for you; The government through APRA (Australian Prudential Regulation Authority), who are the...
