Older clients need finance?
2023.10.13
Increasing numbers of Australian homeowners are entering retirement with mortgage debt, with 54% of homeowners aged 55 to 64 having mortgage debt in the financial
Increasing numbers of Australian homeowners are entering retirement with mortgage debt, with 54% of homeowners aged 55 to 64 having mortgage debt in the financial
According to a recent report by CoreLogic, the combined value of Australian housing rebounded to $10 trillion at the end of August, with the median
When obtaining a home loan, whether it’s your first or a refinancing, lenders will want to determine your loan-to-value ratio (LVR). This significant figure determines
First, what is debt consolidation? To handle their debt effectively, many people adopt a financial approach of merging various debts into one loan with a
Although delinquency rates are still lower than pre-pandemic levels, the CEOs of the four major banks have expressed concern that arrears may increase in the
During the past week, the property market and the lack of affordable housing for younger buyers has been a major topic of discussion. In response,
To protect your investment portfolio from economic fluctuations, it’s important to choose the right property that fits your budget and minimizes cash flow risk. This
1. What is the lowest interest rate and max loan amount that I can get? The interest rate you are eligible for and the maximum
Refinancing your home loan can be a smart financial decision, especially when good offers are available. However, getting the best refinance deal requires careful consideration
Your credit score is a computer-generated evaluation of the risk you pose to a creditor, specifically in relation to your home loan application. It is
How much can I borrow? Borrow up to 90% of the property value if you’re an Australian earning income in a foreign currency. Borrow up
Why do I need to pay LMI? As a general rule, borrowers will need to pay LMI if they are borrowing more than 80% of
The process of obtaining a home loan can be a daunting task, especially for first-time homebuyers. However, with proper guidance and information, the process can
Equity release is a financial product that allows homeowners to access the equity they have built up in their property. This can be a useful
