In a recent statement, FBAA executive director, Peter White, released a statement questioning the motivations behind the decision of the big 4 banks, and others, to increase interest rates.
Category: Mortgage Broker
Get your first home sooner with stamp duty savings & a family pledge
From July 1 2017, Victorian eligible first home buyers in will no longer pay any stamp duty when they purchase new or existing properties under $600,000. Properties between $600,000 and $750,000 in Victoria will receive stamp duty concessions. This means first home buyers can save…
How to win home loan approval
Banks are tightening their lending criteria, which means it has become more important than ever to understand how to boost your chances of getting your home loan approved. As your mortgage broker it is our job to monitor the changing environment and understand how this…
Why use a broker for Investment Mortgage?
Property investment is considered as one of the most secured type of investments in Australia. Though, APRA (Australian Prudential Resources Authority), asked lenders to limit the amount of investment lending, it has still seen a lot of growth, due to the growth of rental market.…