What factors can affect your mortgage rate?

You may have seen mortgage interest rates advertised on lenders websites or sites like RateCity and wondered how they are set and how you can get a better deal.

Loans for first home buyers without any down payment: How they work 

Are you trying to buy your first property with no deposit? It may be possible, but it’s worth exploring all the available options. 

How to get pre-approval for a home loan as a first-time buyer?

While planning to buy your first home, it’s good to understand how much you’re eligible to borrow. Learn more about the process of getting pre-approval on your home loan. 

How will a recession affect my superannuation?

In a recession, super fund balances may reduce due to investments making a loss and early withdrawal of super benefits by eligible members. Find out what may happen to your super funds in a recession.

How can you get a home loan on a low income? 

Even if you’re on a low income, you can still fulfil your dream of owning a home and getting a home loan. Getting home loan approval with a low income and bad credit may just take a little extra effort. 

How long does a home loan pre-approval last?

A great way to speed up the home buying process is by getting pre-approval, but you may wonder how long does a home loan pre-approval last? Can it be extended if needed? Find out.

What do I need to do after closing my home loan?

If you’ve repaid your home loan in full, you will go through the process of discharging or closing the loan. This process involves updating your home’s title and securing your sole ownership. It’s also a good time to examine your finances.

What are the various home loan prepayment advantages and considerations?

Paying off your mortgage faster and owning your home free and clear is a tremendous achievement. There are both benefits and drawbacks to closing your home loan early that are worth considering.

Can I request an early release of super for mortgage payments?

You can apply for early release of super for mortgage repayments in limited circumstances. Check how much you can withdraw if you’re eligible and how to apply.

How can I secure a home loan with bad credit?

Having a bad credit score shouldn’t prevent you from applying for a home loan. However, credit issues do affect the type of home loan you can get.