40 Forty » loans

Refinance To Get A Better Deal

admin — Fri, 11 Sep 2015 01:24:26 +0000

There has never been a better time to review your current debts. Interest rates for new customers are at an all time low as banks fight hard to obtain your business.

On average, my clients refinance their home loan every 3-4 years to make sure they are getting the best loan possible. There are now more alternatives …Read More

5 tips to manage your mortgage

admin — Mon, 24 Aug 2015 09:57:16 +0000

Unless you win lotto, there’s no way of getting out of your mortgage. Here are 5 ways to make paying off your loan easier.

SET A BUDGET

Work out your expenses (fortnightly or monthly) and factor in your mortgage repayments. You might need to cut back on spending in certain areas to make sure your mortgage is …Read More

The importance of getting Pre-Approval

admin — Wed, 19 Aug 2015 00:23:28 +0000

Competition for a property can be fierce. Put yourself ahead of the pack with a pre-approved loan.

Sometimes referred to as an approval-inprinciple, pre-approval is a general indication of how much you’re able to borrow based on the information you provide to your lender.

Although subject to terms and conditions, a pre-approval basically gives you the green …Read More

Home Loan Options

admin — Tue, 11 Aug 2015 00:16:54 +0000

There are so many different home loan structures available, so how do you know which one is right for you?

Making yourself familiar with a few of the popular products available will give you a strong head start when discussing your loan options. Here are just a few of the product types you’re sure to come across.

Basic …Read More

Utilising your Equity

admin — Tue, 04 Aug 2015 06:31:24 +0000

The equity in your home could be the missing ingredient in purchasing your first investment property.

The idea of property investment is one that appeals to many Australians but is sadly often overlooked because of the misconception that it is only within the reach of the wealthy.

The reality is that with the right finance, planning and strategy, …Read More

Why should you use a Mortgage Broker?

admin — Wed, 29 Jul 2015 07:04:35 +0000

Purchasing a property will be one of your biggest financial decisions. Engage a Broker to ensure you get it right the first time.
With more than a thousand different home loans on the market, this overwhelming choice has led a strong increase in the popularity of using a Mortgage Broker. Within Australia, around 53% of residential …Read More

What does a Mortgage Broker do?

admin — Tue, 21 Jul 2015 09:41:05 +0000

SAVE TIME, STRESS AND SHOE LEATHER
Take the leg work out of financing your property by engaging a mortgage broker.

If you’re buying your first home or investment property – or looking to move to a bigger and better one – speaking to a mortgage broker is the first step. A broker will sit down with you, …Read More