Why Do Banks Stress Test Your Ability To Repay?
Home Loan Connexion
by Tracy Kearey
9M ago
Serviceability stress tests are conducted by banks as part of the home loan application process. Basically the current interest rate of a mortgage is loaded up with an additional 2.5% […] The post Why Do Banks Stress Test Your Ability To Repay? appeared first on Mortgage Advice Bureau ..read more
Visit website
Always Factor in the Land-to-Asset Ratio When Buying
Home Loan Connexion
by Tracy Kearey
11M ago
Purchasing property can be an exciting but daunting experience, especially if you’re a first time buyer. People often focus emotionally on the house without understanding that the real value is […] The post Always Factor in the Land-to-Asset Ratio When Buying appeared first on Mortgage Advice Bureau ..read more
Visit website
Here’s Why Property Investors Need a Savings Buffer
Home Loan Connexion
by Tracy Kearey
1y ago
Buying an investment property is not a set and forget proposition. In addition to the standard ongoing expenses of loan repayments, rates, body corporate, property management fees etc. landlords need […] The post Here’s Why Property Investors Need a Savings Buffer appeared first on Mortgage Advice Bureau ..read more
Visit website
Five Ways to Fund Your Home Renovation Project
Home Loan Connexion
by Tracy Kearey
1y ago
Considering transforming your home from ‘ordinary’ to ‘brilliant’, but lack the funds to support your makeover? Never fear, in this article, Mortgage Broker – TRACY KEAREY, has rounded up five […] The post Five Ways to Fund Your Home Renovation Project appeared first on Mortgage Advice Bureau ..read more
Visit website
What Does a Loan to Value Ratio Mean For YOU?
Home Loan Connexion
by Mortgage Advice Bureau
1y ago
The mortgage industry is a wide, wondrous world with a language all of its own. One of the many acronyms bandied about is ‘LVR’, which stands for ‘Loan to Value […] The post What Does a Loan to Value Ratio Mean For YOU? appeared first on Mortgage Advice Bureau ..read more
Visit website
Interest Rates – What Does a Comparison Rate Mean?
Home Loan Connexion
by Mortgage Advice Bureau
1y ago
Comparing apples with oranges doesn’t make sense. To make finding the right loan easier, and to make advertised rates as transparent as possible, there are comparison rates. Okay, you’re over […] The post Interest Rates – What Does a Comparison Rate Mean? appeared first on Mortgage Advice Bureau ..read more
Visit website
The Cooling Property Market Choice – to Buy or Rent?
Home Loan Connexion
by Mortgage Advice Bureau
1y ago
As property cools, rents remain red hot and rising. Find out where it makes sense to buy and what indicators to watch. It’s the ultimate property conundrum – buy or […] The post The Cooling Property Market Choice – to Buy or Rent? appeared first on Mortgage Advice Bureau ..read more
Visit website
Will You Have to Pay Lenders Mortgage Insurance (LMI)?
Home Loan Connexion
by Mortgage Advice Bureau
1y ago
Lenders mortgage insurance (LMI) is required when the value of a loan is more than 80% of a property’s purchase price, or property valuation if refinancing. In very basic terms, […] The post Will You Have to Pay Lenders Mortgage Insurance (LMI)? appeared first on Mortgage Advice Bureau ..read more
Visit website
Why Your Borrowing Power is Disappearing
Home Loan Connexion
by Mortgage Advice Bureau
1y ago
Interest rates have increased which means your ability to borrow has taken a hit. Buying the home of your dreams has certainly become more difficult than it was a year […] The post Why Your Borrowing Power is Disappearing appeared first on Mortgage Advice Bureau ..read more
Visit website
Property Investment and Capital Gains Tax Explained
Home Loan Connexion
by Mortgage Advice Bureau
1y ago
Around 30 per cent of Australian’s own one or more investment properties. Not everyone buys to hold, so when selling an investment property there are financial considerations that need to […] The post Property Investment and Capital Gains Tax Explained appeared first on Mortgage Advice Bureau ..read more
Visit website

Follow Home Loan Connexion on FeedSpot

Continue with Google
Continue with Apple
OR