Mortgage

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Bank Valuations: What’s the Deal?

Have you finally found the house you’ve been dreaming of? Or are you selling your home to move on to the next adventure, whether that’s downsizing, upsizing, or relocating? Before the bank hands over a loan to help you buy a place or help a buyer buy yours, they’ll want to know one thing—what’s the…

Reverse Mortgage Guide: Unlock Your Home’s Equity

Did you know your home could do much more for you in retirement than just giving you a roof over your head?  With a reverse mortgage, you can tap into the equity in your home—the portion of its value you’ve paid off over the years—to fund your lifestyle, cover unexpected expenses, or enjoy greater financial…

What is Mortgage Protection Insurance?

You’ve just signed the papers for your dream home. You’re picturing family dinners in the kitchen, lazy Sundays in the backyard, and the joy of finally calling this space your own.  But then a nagging thought creeps in…what happens if life takes an unexpected turn—an illness, an accident, or worse? How would your family keep…

What Is Equity, and How Can It Transform Your Finances?

Your home is more than just the place you live; it’s a goldmine quietly increasing in value. Property equity is a powerful asset that can offer you financial security and unlock exciting opportunities in ways you might not have imagined. What is equity, how does it work, and how can you leverage it to your…

What Are Some Examples of Fringe Benefits?

Imagine scrolling through a seemingly endless list of job postings, your eyes almost glazing over from the repetitiveness of them all. Each one is offering the same thing- a decent salary and standard holiday time.  But suddenly, one stands out from the pack! It’s offering much more. A laundry list of perks- accommodation, a company…

Security for a Business Loan: A Guide to Business Financing With Security

Securing the right financing can pave the way for the growth and stability of your business. A secured business loan could be your key to success if you’re considering expansion, refinancing, or managing everyday business expenses.  This guide will demystify how to receive financing with security to help unlock your business’s potential and propel you…

What is Loan to Value Ratio (LVR)?

Are you ready to purchase your first home? It seems many fellow Australians are taking the plunge. According to a recent Mozo survey of the 10.3 million properties in Australia, and six million have a mortgage. While it’s exciting, the prospect of taking out a home loan can be intimidating. However, learning a few simple…

What is lenders mortgage insurance (LMI)?

If you are in the process of buying a property, you may have heard that Lenders Mortgage Insurance (LMI) may be required if you are planning on taking out a home loan with your bank. However, if this is your first time buying a home, you may be wondering what LMI is? An LMI meaning…