The Loan Finder gave me the head start I needed to find out what my best home loan options were. It’s the fast way to do the research from your armchair at home, when you have the time, not just when the banks are open! ..
The State Government of Victoria has just announced that the $7,000 first home owner’s grant (FHOG) for established properties will come to an end on 30 June 2013. In the same breath, they have brought forward to 1 July 2013, a further 10% discount on Stamp Duty for first homes valued at up to $60..
After trawling Google for hours to find the right loan for my first home I came across your website. It was easy to use and I found plenty of information to learn about loans. The broker who followed up my enquiry did a great job and I am satisfied now that I have the best loan for my own circumstan..
First home buyers are rushing back in the market – in increased numbers! New figures show a large increase in first home buyer activity in July as rents keep rising, interest rates fall and better value buying create a compelling environment for young people to purchase. Interest rates play an imp..
Australia’s banks could be set to lift rates out of cycle with the Reserve Bank in the not-too-distant future, one economist has claimed. NAB’s chief economist Alan Oster said funding costs are starting to rise once more, which could force Australia’s banks to move their rates well above the o..
If you are buying your first home, you may be eligible for the First Home Owner Grant (FHOG). The FHOG was introduced by the Federal Government to assist first home buyers by offsetting the impact of the Goods and Services Tax (GST) introduced in June 2000. When you apply for a home loan, as part of..
The better prepared you are for your loan application, the quicker you will get an answer from your lender. Complete documentation also helps in getting a Yes, instead of a No. So, here’s a list of the must have: Identification: A certified copy of a photo ID document such as a Driver’s Licen..
Home loan glossary This glossary is supplied to help you understand the “jargon” often used in the banking/lending industry. Home loan term(s) Description Application fee A fee paid by a borrower for setting up a loan. Approval in principle (or pre approval) Initial approval process which..
A drop in fixed rates by a number of banks and lenders has increased the number of borrowers who are fixing their home loans If you decide to do the same, make sure you are fixing for all the right reasons not just the lure of a cheap rate. Be fully informed of the implications of locking into a fix..