Select Lenders Now Taking into Account 90% of Income for Australians Living and Working Abroad to Secure Finances
Good news for Australian permanent residents and Australian citizens living and working overseas earning overseas income. Certain lenders in Australia are currently relaxing their loan requirements to make it easier for applicants to borrow more and help secure their finances whilst living abroad. Select Australian lenders are taking into account 90% of the applicant’s income, […]
Everything You Need to Know About Credit Laws in Australia
What are the Credit Laws in Australia? The amended Privacy Regulation Act commenced on 12 March 2014 and includes details of how financial institutions can collect, use and disclose your financial information to credit-reporting bodies. This means that your financial institution is legally allowed to share your credit liability information and your repayment history by […]
How Do I Make the Transition from Homeowner to Investor?
Are you looking to increase your wealth or add an extra source of income? The chances are, like most Australians, you’re looking to invest in property. If you are, it is important to understand and feel confident about your decision. Here are some tips that will assist you in making the transition from homeowner to […]
When is the Right Time to See a Mortgage Broker?
If you’re shopping for a home loan, it’s important that you seek the assistance of a mortgage broker before you start anything. The reason is that they’ll provide you with a number of advantages you otherwise won’t enjoy if you did things on your own. These include: 1. Matching loans based on your needs and circumstances. […]
What are the Benefits of Pre-Approval for Your Home Loan?
When you’re shopping for a property, you may be tempted to look at property listings right away. However, before jumping head first into shopping for your new property, it is advisable to seek assistance from a mortgage broker to have your loan pre-approved beforehand. Here are some of the reasons why: 1. It helps you understand […]