Comparison rates explained
Understanding Comparison Rates: How to Find the Best Home Loan Deal Why Comparison Rates Matter When searching for the best mortgage deal, you might come across an ad claiming “3.6% INTEREST!”, only to find a “7.8% comparison rate” listed below. What does this mean? A comparison rate is designed to help buyers see the true […]
How lenders assess applications
How Lenders Assess Your Home Loan Application What Do Banks Look For When You Apply for a Mortgage? Applying for a home loan can feel overwhelming—especially if you’re unsure what lenders are looking for. Understanding the key factors can help you prepare and improve your chances of approval. The 5 Key Factors Lenders Consider 1. […]
What counts as genuine savings for home loans?
Can You Get a Home Loan Without Genuine Savings? What Are Genuine Savings & Why Do Lenders Require Them? When applying for a home loan, particularly one covering more than 80% of a property’s value, lenders typically require borrowers to demonstrate genuine savings. Genuine savings show your ability to manage finances responsibly—proving you can consistently […]
Who is involved when buying property?
Who’s Involved in Your Property Purchase? A Guide to Your Home-Buying Support Network Navigating the Home-Buying Process Purchasing a property is an exciting yet nerve-wracking experience, which is why it’s crucial to have a strong support network to guide you. Understanding the key players in your home-buying journey ensures a smoother process and helps you […]
Exit costs when refinancing
Exit Costs When Refinancing: What You Need to Know Thinking About Refinancing? Don’t Forget the Exit Costs Refinancing can save you thousands over the life of your loan—but it’s not free. Before you switch lenders, it’s important to understand the exit costs involved so you can make an informed decision. What Are Exit Costs? Exit […]
Case study: How to avoid settlement penalties
How to Avoid Settlement Penalties – A Case Study Unexpected Settlement Delays Can Be Costly Buying a home is an exciting milestone, but unexpected delays before settlement can lead to costly penalties. Understanding how to navigate these challenges can save you thousands and ensure a smooth property purchase. A Real-Life Example – Avoiding Settlement Penalties […]
How to Negotiate the Best Property Price in Australia: A Step-by-Step Guide
Article by Stanislav Tarasenko | Updated: 4 June 2025 Negotiating the ideal price on a property is not about fooling or deceiving the seller. It is about planning, strategy, and understanding the market. In an environment where every dollar is valuable, you can negotiate a better price and that alone could make the difference […]
Explainer: fixed-rate loans
Fixed vs Variable Home Loans in 2025 – Which One’s Right for You? Understanding Your Interest Rate Options When buying a property, one of the most important decisions you’ll make is whether to choose a fixed-rate or variable-rate home loan. Each option has its pros and cons, and the right choice depends on your financial […]
Can your profession save you on your home loan?
Exclusive Home Loan Discounts for Professionals Did you know your profession could help you save thousands on your home loan? Lenders view some careers as low-risk, meaning professionals in these fields may qualify for special mortgage discounts—from waived Lender’s Mortgage Insurance (LMI) to lower interest rates. Who Benefits Most? Doctors Get the Best Deals Medical […]
Explainer: interest-only loans
Is an Interest-Only Loan Right for You? Pros, Cons, and Key Considerations Understanding Interest-Only Loans An interest-only loan allows borrowers to make lower repayments for a set period, covering only the interest without paying down the principal. While this can provide financial flexibility, it also comes with important risks. These loans can be particularly attractive […]