Some lenders will require a deposit of as little as five per cent of the purchase price. Of course, there is a catch.
If your debt is getting out of hand, we’ve got a five-step plan for you to consider that might just help to get you back in the black.
There are two features of a home loan that can be used to reduce interest payments – either a line of credit or an offset account. Mathematically they are exactly the same, but which one you prefer is simply a matter of choice.
With home loan rates at record lows and property prices still growing in many parts of Australia, it’s likely if you own a home that your equity in it is growing.
Australians have shown they have a great passion for renovating and that’s why TV shows like “The Block” are so popular. While we can’t advise you on interior design (!) we are qualified to help you think through how to finance your renovations.