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Let’s help you understand more about Home Guarantee Schemes! The Home Guarantee Scheme (HGS), is an Australian Government initiative to help you buy or build your home sooner. We’re proud to continue supporting this initiative. First Home Guarantee Under the expanded Home Guarantee Scheme, the Government is now releasing 35,000 First Home Guarantee places each year to […]

Lenders are being more selective when it comes to certain suburbs. Here’s why. We all have suburbs we wouldn’t want to buy a home in, but did you know that lenders have their own views too?  There are certain suburbs where lenders impose lending restrictions, making it harder for you to apply for a home

The days of questioning if a mortgage broker was recommending you a loan because it was the best for you are over, thanks to Best Interests Duty Law (BID). From 1 January 2021, Best Interests Duty laws came into effect for mortgage brokers and financial advisers. These new regulations have changed the way that Australians search for

FASTRefi or Rapid Refinance is a unique refinance process that uses title insurance underwritten by First Title to allow lenders to payout a borrower’s loan account within days, as opposed to the standard refinance process which takes weeks to complete. This process allows some solicitors such as MSA National and FMS (First Mortgage Services) to use

Construction home loans If you’re building a new home or renovating an existing home, it is important to engage Finance and Mortgage Brokers who understands the in’s and outs of construction loans and process. How it works The Bank will hold the amount required for construction at settlement to make progress payments to your builder at

What is a bridging loan? If you’re looking to move houses, then you’ve probably heard of the term “bridging finance”. We break down what a bridging loan is, and how a bridging loan works. A bridging loan is when you require finance to purchase a second property with the intention of selling the existing one.

It’s often said that Australians are more likely to divorce their spouse than switch banks. But with plenty of competition in the home loan sector, refinancing can be a good move. There are a number of reasons why you might want to refinance: What’s my rate? Finding out your interest rate can be as simple as

TODAY’S MORTGAGE MARKET IS VERY COMPETITIVE, SO IF YOU’VE PUT YOUR MORTGAGE ON ‘AUTO-PILOT’ YOU COULD BE PAYING MORE INTEREST THAN YOU SHOULD BE. If you’re looking to save money and pay off your home loan sooner then it makes good financial sense to review your home loan to see whether refinancing could be right

If you’re looking at buying your first home, chances are you’ve heard the phrase ‘Lenders Mortgage Insurance’ thrown around, or maybe even the acronym ‘LMI’, but how many of us know exactly what this means? If you’re anything like most first-time home buyers, you may be totally worried and even may be confused about this

Preparing for a residential property valuation can make the process smoother for yourself and the valuer. Here are nine top tips to help you prepare for your valuation: Tidy! Just as if you were having a guest over, the same goes for a valuation – it doesn’t hurt to tidy, declutter, repair and finish any