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Learn more about how to manage your personal finances with RateCity's home loan articles, including how-to-guides on comparing home loan interest rates, fees, features and other benefits.

Vidhu Bajaj

Personal Finance Writer

What is the difference between owner-occupied and investor home loans?

If you're planning to buy a house, you'll most likely apply for a mortgage to pay for it. However, whether you apply for an owner-occupied or investor home loan will depend upon the purpose for which you're going to use the property. As the name implies, an owner-occupied home loan is for individuals who wish to purchase a house to live in. On the other hand, an investor loan is for people who plan to buy a house and use it to earn rental income.

Home Loans

16 Dec, 2021

5 min read

What is the difference between owner-occupied and investor home loans?

Vidhu Bajaj

Personal Finance Writer

What is the difference between joint tenants and tenants in common?

Increasing property prices have made it even more challenging to buy a house. To get around this hurdle, some friends or relatives are choosing to buy a house together by pooling their resources and taking out a joint mortgage.

Home Loans

13 Dec, 2021

4 min read

What is the difference between joint tenants and tenants in common?

Georgia Brown

Personal Finance Editor

Could lotto and gambling affect your home loan?

What might seem to you like a harmless punt on a Friday night could have the potential to significantly impact your home loan.

Home Loans

11 Dec, 2021

5 min read

Could lotto and gambling affect your home loan?

Alex Ritchie

Personal Finance Editor

How to fund your home improvements with equity

Are you considering making home improvements and renovating your property? You may want to consider how you can make use of your home’s equity to finance these plans.

Home Loans

02 Dec, 2021

5 min read

How to fund your home improvements with equity

Jodie Humphries

Personal Finance Editor

How to beat the banks on mortgages?

Are you paying a substantial amount to the bank for your mortgage? There are a few ways you can pay less or finish it sooner.

Home Loans

24 Nov, 2021

4 min read

Jodie Humphries

Personal Finance Editor

Is paying my mortgage off in full a good idea?

While becoming debt-free is wonderful, consider checking if paying down your mortgage is more suitable for your financial situation than investing the money elsewhere.

Home Loans

19 Nov, 2021

3 min read

Is paying my mortgage off in full a good idea?

Vidhu Bajaj

Personal Finance Writer

What’s the difference between genuine savings and non-genuine savings?

It’s likely that you already know you need to provide a deposit to qualify for a home loan. That’s not all your lender will require however. Many lenders also want to see how you saved that deposit, especially if you wish to borrow more than 80 per cent of the property’s price. While it may seem unnecessary, your ability to save money can tell a lender a lot about your credibility as a borrower.

Home Loans

19 Nov, 2021

4 min read

What’s the difference between genuine savings and non-genuine savings?

Jodie Humphries

Personal Finance Editor

What you should know about construction loans?

Over 5000 Australians use construction loans to fund building a new home each year. If you’re planning to take this route, you’ll need a complete understanding of how these loans work.

Home Loans

19 Nov, 2021

4 min read

What you should know about construction loans?

Jodie Humphries

Personal Finance Editor

What is a mortgage deposit bond?

If you don’t have enough cash available, you can pay the deposit on your home with a deposit bond, and pay the full amount on settlement of your purchase.

Home Loans

19 Nov, 2021

4 min read