Offset Account: You Could Cut Years Off Your Mortgage
Looking for ways to pay off your mortgage in record time? Whether you’re a seasoned investor or buying your first home, an offset account can help you reduce interest payments, save on tax and pay your mortgage off years ahead of schedule. What is an offset account? With an offset account (also called an offset loan, interest offset account, mortgage offset […]
Tips to Lower Your Mortgage: Redraw Explained
During your home loan research, you may have come across a home loan that offers a redraw facility. It’s one of the less glamorous home loan features, however this option deserves a second look. Here’s why: The redraw facility explained If you have made additional repayments to reduce your variable rate home loan balance over […]
Save Money the Easy Way with a Home Loan Review
Do you know that a simple phone call or email could save you thousands of dollars on your home loan? It’s that easy, however many Australians aren’t aware of this. We often meet with clients who have been sitting on potential savings simply because they have not reviewed their home loan regularly. An increasingly competitive […]
Bad Credit Holding You Back? Homeowner Solutions!
Do you have a client who needs a finance solution for a time in their life when credit impairment is affecting their options? We may be able to provide a solution through one of our panel lenders, Pepper Money. “Many people with credit impairment can be reluctant to apply for a home loan, concerned about […]
Refinancing Your Home When You’re Over 50: What You Need to Know
Did you know that refinancing your existing home loan may become a little more complicated once you’re over the age of 50? Lenders will in some cases reduce the maximum loan term to match your anticipated remaining working life (usually to age 65). Monthly repayments on a standard loan are usually calculated over a 30-year […]