Stop Paying Someone Else’s Rent

Right now is one of the best times to be a homeowner!

Interest rates are still at record lows with most lenders offering home loans with interest rates below 4% p.a. There’s also a number of different incentives for first home buyers (depending on where you live) which could go towards those “hidden fees” that all add up such as building and pest inspection, conveyancing and legal and loan application fees to name a few. When purchasing a property around $500,000 you can expect to pay anywhere up to $20,000 on top of this.  Check out the State Revenue Office Victoria website for more information.

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Self Employed and Struggling to Get a Home Loan? An Alt Doc Loan Might Help.

 

If you’re self-employed or you own your own business, you’ll know all about the challenges of admin – keeping your accounts, finances and income flow all on track.
It’s not easy. The last thing you need is a ‘no’ on your home loan application because of the paperwork.
But here’s some good news. There are alternatives. Here are four steps that anyone who’s self-employed can take to help get a home loan sorted.

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Is Bad Credit a Total Barrier to a Home Loan? Find Out Where You Stand.

 

Finances can spiral out of control for many reasons – redundancy, divorce, illness. Sometimes just the pressures of daily life can see you accidentally forget to make a bill payment. It’s things like these that can land you with a bad credit rating which can stick around even when you’ve sorted through everything and paid all the overdue bills. So, just when you think you’re in the clear, others might not see it like that.

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