Unfortunately, many borrowers put refinancing a loan in the too hard basket because they think it involves a lot of fees, effort and time. And In some rare cases, this may be true, however, we have a lot of clients come to us and achieve significant savings by refinancing. With our guidance and . . .
Providing successful home loans when other lenders say it’s not possible
When someone tells you it can’t be done, it is more a reflection of their limitations, not yours. This is a true story of how ‘it CAN be Done.’ Josie and Jim thought there was NO WAY they could get a mortgage, given their low deposit funds and not having their financials up to date. They joined a . . .
Everything you need to know when refinancing in 2021
Unlock Equity, Refinance & SAVE! Did you know, if your property has increased in value, the amount of equity held in that property will have gone up too? You can then refinance your mortgage to access that increased equity, which can then be used to cover the deposit and all costs on . . .
Is it worth breaking a fixed rate home loan to refinance for a lower interest rate?
Many people are asking us this exact question these days. With interest rates at an all-time low, and household expenses at an all-time high, refinancing to a lower interest rate looks like a great way to save on your monthly budget and it absolutely can be. But you do need to weigh up the costs of . . .
Why have banks increased interest rates, when the RBA cash rate hasn’t changed?
We’ve had a lot of clients ask us recently, “why are interest rates being increased by banks, when the Reserve Bank of Australia (RBA) hasn’t had a rate increase?” To explain we need to give you a quick run down on a few things. How does the Reserve bank affect interest rates? The Australian Federal . . .