20% deposit isn’t always a good idea

20% deposit isn’t always a good idea

A large deposit and a short repayment period may lower your interest rate. This combination can drive down the cost of borrowing dramatically. As much as we would love to avoid paying Lenders Mortgage Insurance (LMI), The majority of us who live in the real world,...
Tapping into your hidden wealth

Tapping into your hidden wealth

Are you watching others around you build their property portfolios and wondering, how do they do it? Put simply, if you own a property and it has increased in value, the amount of equity held in that property will have gone up too. The equity that you have in your...
Why choose a broker over the bank?

Why choose a broker over the bank?

When ready to make that big commitment of applying for a home loan, most people would head straight to the bank that they currently bank or are most familiar with. If this is your strategy, most finance experts warn you may not be getting the best deal or the one...
Accessing equity when you don’t need it

Accessing equity when you don’t need it

Time and again, I receive a frantic phone call from a client who has found a property, had their offer accepted, and needs to arrange finance in a hurry. This is usually not an issue – except when they also need to access the equity in another property to get the deal...