Lenders Mortgage Insurance, what is it and do I need it?
Below is a fact sheet that explains lenders mortgage insurance (LMI) and provides answers to some commonly asked questions. What is lenders mortgage insurance? Lenders mortgage insurance (LMI) is one way to buy a home without having the 20 per cent deposit which is typically required by most banks and financial institutions. With LMI, lenders […]
Pre-approval before you purchase the perfect home or investment property
Purchasing your perfect home or investment property is an exciting and challenging journey, and usually is one of the largest investments in your life! It is therefore important to remain level headed throughout the excitement, to understand what you may be able to afford, and to engage with a professional to help you through the […]
Refinancing – 8 principles to help you meet your financial goals
There a range of factors you should consider when looking to refinance any loan. The first thing you need to ensure is that the refinance is not triggered by emotion or an impressive headline rate. The next step is to make sure you compare the exact circumstances of your existing facilities with the exact circumstances […]
Fixed Rates vs Variable Rates
With some 3 year fixed rates now below 4.00% why wouldn’t you fix your home loan? Historically this is the best that 3 year fixed rates have ever been and are currently lower than the majority of the variable rates on offer.* With this in mind, part of the decision to lock into a fixed […]