Complete Information on Getting a Loan

Unless you’ve been through the car loan process, you may have no idea how to get a car loan, which may result in you paying extra fees and getting stuck with a higher interest rate than you...

Cross collateralization is the process of using ...

Figuring out how to buy a house as a first time home buyer can seem overwhelming and confusing, but by talking to the right people, and understanding both the processes and Government incentives avail...

A balloon payment is common for car and equipment finance.  It is a large payment due at the end of the loan term.  People are usually happy with balloon payments because they are likely to trade-in...

There is a lot of misunderstanding around how a guarantor works, however guarantor loans are being used more than ever. According to Finder.com.au, approximately 33% of all first home buyers...

Instead of earning interest on money in a savings account, it could be in your best interest to put your savings into an offset account.  Here’s a simple example showing how an offset account works...

How does a Mortgage Broker get paid? Because a Mortgage Broker essentially does the job of a banker, lenders are happy to pay a commission in exchange for a successful loan application – ...

How much deposit will you need as a first time buyer? Throughout Australia it is usual that you will need an absolute minimum of 5% deposit + costs (usually about $3,000 for a first home buye...

Use this article as a starting point, however it is designed to give you a good idea of how much deposit you'll need to buy a house in Queensland in most cases. Most people will usually need...

Housing affordability in Brisbane is a hot topic of late, with prices at an all-time high and first home buyers requiring using their parents’ assistance more than ever before. Here’s the figures....

Mortgage Broker vs Bank, which one should you use and why?  Whilst both a Mortgage Broker and a Bank have similar roles, (as explained ...

Stamp duty in QLD is a charge which is applied by the state government on transactions relating to the transfer of land or property. It is paid upfront and needs to be budgeted for in additio...

There’s a few different opinions on the costs of buying a house in Queensland, so I’ve put together this article to give you an accurate breakdown of the various costs. I’ve based all r...

The range of home loans available in this day and age is truly staggering, and the different types of home loans available to consumers can be really confusing. This article is designed to, ...

There are multiple ways to navigate the home buying process; but, the most common and simple way looks a little like this: ...

Getting a home loan can be very confusing, especially if it is your first time, and as such, I have written this article to break the process down into many simple steps. Whilst the process ...

When we apply for a home loan, our lender of choice will factor into their system numerous things in order to determine the risk of giving you the home loan. There is no guaranteed formula t...

A Mortgage Broker is an intermediary between a borrower, and a bank or other lender. A Mortgage or Finance Broker will check your situation against the policies of multiple banks/lenders...

Lenders Mortgage Insurance (LMI) in Australia is a type of insurance that allows consumers to purchase a home with less than 20% deposit. All major banks throughout Australia currently require you to...

Why was my personal loan declined? Personal loans can be declined for myriad reasons. The most common ones I see are: ...