How Home Buyers are Increasing Their Deposits

The Reserve Bank of Australia has recently released data that shows that first home buyers are trying to find a larger deposit for the purchase of their first property, which means that when they meet with their mortgage broker, they can either decide to look towards a smaller mortgage with lower … [Read more...]

Making the Most of Debt; It’s Not All Bad

The experiences learned from the global recession will be that many people will believe that any form of debt is bad for you. One of the difficulties is realising that some debt can be good for you is to balance your financial outlook as it’s easier if you understand the difference between good and … [Read more...]

Don’t Let Haste Cost You $89,000 on Your First Home

Mortgage brokers in Baldivis have seen a lot of first home loans lately, due to Baldivis experiencing what is being called a “first home buyer boom” by many. We love helping young couples buy their first homes, and have helped many ourselves. However, many in the business have noticed a trend toward … [Read more...]

RBA Suggests That Mortgage Rates Should be Under 6%

Anyone paying for a mortgage loan will have listened carefully to the RBA’s suggestion that anyone paying at interest rates over 6% on the loan for their home, is paying above the necessary rate. Furthermore, they suggest that homeowners with a mortgage loan go back to their bank so they can … [Read more...]

When is a Property Too Small to Become a Home?

Some banks and home loan providers may refuse to lend money on properties that they consider too small. They are concerned that you won’t be able to sell them in the future, if the need arises. Compact living in small studio apartments is popular for renting purposes but when does a property become … [Read more...]

How to Bounce Back from a Home Disaster

The last few years, mortgage brokers in the Rockingham, Kwinana and Cockburn areas have seen their share of home loans being refinanced because of damage from natural disasters, such as storms and bushfires. We have no control over when or where a natural disaster is going to happen but we can make … [Read more...]

Pros and Cons of Setting Up Your Own Self-Managed Super Fund (SMSF)

Many of our home loans in the Rockingham area are for people who have set up their own SMSF and are buying an investment property. Setting up your own SMSF sounds like a great idea at first but we recommend doing your due diligence and making sure that setting up your own SMSF is the right thing to … [Read more...]