Lending criteria and you: how your job affects a loan

Whether you’re in the market for a new vehicle, need to pay for your wedding or are planning on purchasing property, it’s important to note that your job plays a significant role in your chances of being approved for a loan. 

Can I extend my car loan term?

Sometimes your original car loan is no longer financially suitable. In this case you may need to consider extending your car loan term. Let's explore the pros and cons of refinancing to extend your car loan term.

Big bank predicts further 21% growth in Sydney house prices

One of Australia’s biggest banks, NAB, has revealed a new 2021 property growth forecast for Sydney, lifting its previous May estimate of 17% to 21.6%.

What is a line of credit?

There are more ways to access credit than the standard personal loan with a set term. A line of credit may offer an alternative to borrowers looking to get cash without traditional restrictions.

Can you get a home loan without a deposit?

There may be options to get a home loan with zero deposit or even borrow 100% of a home loan without a guarantor. Let’s explore how to get a home loan with little to no deposit.

Household impacts of COVID-19: ABS

New survey results from the ABS into the household impacts of COVID-19 show how Aussies expected their household income to change over the next 12 months, and how they plan to save and/or spend these funds

Calculating your home loan based on rental payments

Your rental payments, or lack of, make up a key component of how a lender will assess your borrowing power for your home loan. Let’s explore how you may be able to determine how much you can borrow for a home loan based on your rental payments and current living situation.

Home equity loan guidelines

If you’ve been paying off your mortgage for a little while you’ll start to build up a bit of equity, particularly if the housing market in your area is seeing property values increase. However, home equity loans aren’t a one-size-fits-all financing option. Let’s explore some of the basic guidelines so you can deepen your understanding of home equity loans.

Can you get pre-approved for a home loan online?

The process of getting pre-approval can be an exciting, yet time consuming affair. Would-be borrowers may be hoping to streamline the process by avoiding going into a branch to apply for a mortgage.

Australia’s new lowest rate green construction loan

Online lender, loans.com.au, has today reduced interest rates on energy-efficient ‘green’ homes to 2.08%. This is now the lowest rate on a green construction loan in the market.