Use this handy mortgage document checklist to prepare the right documents, so your Mortgage Broker can help find the right home loan and loan structure that suits you, and make your home loan application process quick and easy. Requirements vary between lenders, so check with your loan specialist or broker to confirm the exact documentation needed. If you work for a company and not self-employed you’ll ...
5 Things To Remember When Doing Your Next House Inspection
You’ve just got your pre-approval and know how much you can afford to spend. After spending half a day on the real estate websites, you’ve finally got a shortlist of properties you like. Before rushing to your first house inspection, there are a few more things you need to think through. Every state has disclosure laws that require the vendor to tell you some of the potential pitfalls of the property. ...
Banks Passing on The Reserve Bank of Australia’s (RBA) Rate Cut
RBA has decided to lower the cash rate by 25 basis points to 1.75 per cent, effective today 4 May 2016. The four big banks have all quickly responded to RBA’s rate cut decision and dropped their interest rates. Commonwealth Bank will reduce their Standard Variable Rate (SVR) by 25 basis points to 5.35% per annum for Owner Occupied Home Loans, and to 5.62% per annum for Standard Variable ...
Buying Your Second Property
Whether you’re thinking of getting into property investment or purchasing a holiday house, you need to do some serious homework before making the move. The process of purchasing a second property is similar to getting your first home but if you’re thinking of building a property portfolio or if the holiday house is part of your retirement plan, then there’s more things to consider. CASH FLOW To many ...