Asking how long it takes to get a Home Loan approved is like asking how long a piece of string is. Every application is unique, so the time between your first contact with your bank or broker and approval can never be predetermined. There are, however, some things you...

The 2017 Budget had a strong focus on housing supply and affordability. This year, housing took a back seat with no new, direct measures for first homebuyers or renters. However, some of the changes will likely have an indirect effect on both the...

Know your goal Understanding your financial objectives is key to finding the right investment property. The actual property itself is rarely the end goal when it comes to investing – the financial elements should be your key focus. First, decide what your investment...

Breaking up is hard to do. On top of the emotional impact, there are practical ramifications as well. When there’s a separation or divorce, debts you’ve accrued during the relationship unfortunately don’t go away. The longer a couple is together, the harder it can be...

1. Additional cost There are 4 types of extra cost to any purchase: Government: Stamp Duty, Transfer and Mortgage Registration fees. Legal: Conveyancing, council and water rates (calculated pro rata) need to be subtracted from the deposit. Conveyancing is the transfer...

Deciding where to go for your Home Loan is one of the most important decisions you’ll make. While many prospective property owners will choose to use a mainstream lender, non-bank lenders also have their advantages. Non Bank Lender provide extra Home Loan options....

Ready to buy a property? You’ll need to show the seller you have enough money. For most people, this will mean getting a loan, and the first step to getting one is obtaining pre-approval for it. Pre-approval – also known as conditional approval or approval in...

It’s one of the less glamorous home loan features, but the redraw facility deserves a second look. Here’s why: The redraw facility explained A home loan redraw facility lets you make additional repayments to reduce your variable rate home loan balance and save on...

The real estate market can be tough for young adults, but as a parent you may be able to lend a helping hand. We tell you how. Parent-to-child loan A parent-to-child loan is when a parent lends their child money. This is a formal, legally binding arrangement,...

Home Loan application and my credit file  What affects my credit file? Each time you apply for Home Loan, Car Loan, Personal Loan, Credit Card or any other type of credit, an enquiry will be recorded on your credit file. From 12 March 2014 comprehensive credit...