Residential

Refinancing a loan can take advantage of lower interest rates to bring down the overall cost of servicing a loan. But it’s not always the best, or the only, option. There are many different factors borrowers need to consider when thinking about refinancing a loan. The first step is to speak to an expert about…

While managing your own investment property can seem like a simple way to keep more of the rent flowing towards the mortgage, there’s a little more to it than making sure the house is standing and collecting the money. Managing your investment property appears pretty straightforward: you find a tenant, they pay rent and you…

There is more to selling your home than putting up a ‘For Sale’ sign on your front lawn. Here are the first things you should check off your list to help you get the largest return from your investment and to ensure the process runs as smoothly as possible. Choose a quality agent Asking family…

How do you match a loan and lender to your needs? Rather than running around finding out the details of each and every lender and loan, draw on the expertise of a Finance Manager. One of the benefits of working with a finance manager is the extensive menu of loan options they have at their…

When you’re trying to secure finance for an investment property, it’s important to keep a few simple rules in mind to make sure you get the best deal possible and will be able to afford the repayments, come what may. If you’re thinking about purchasing an investment property, it’s important to manage the risks adequately.…

Does your business need refinancing or restructuring? As this tale of a business with urgent liquidity problems shows, having a credit adviser managing the project can be the key to success. When a cotton grower in central Australia lost his financier during a period of aggressive expansion, he was facing a liquidity crisis and approached…

Pest inspections are an essential part of the home-buying process. Mortgage and Finance Help spoke to Justin Hammerschmidt, an Inspector at Sydney PrePurchase, about what pest inspectors are looking for and how to interpret their reports. Q What pest inspections need to be carried out prior to purchase? A pest inspection, officially known as a…

A line of credit can be a very appealing idea, with immediate access to the limit of a mortgage and no extra approvals necessary. Used wisely, it can make investment and purchase of commercial equipment simple, but it can also spell disaster for the unprepared.  A line of credit (LOC), also called a home equity…

Young couple Sam and Kate were keen to start paying off their own home rather than paying rent but had no savings. Here’s how they bought their first property.  Sam and Kate Bowen were wondering why they were paying off their landlord’s mortgage instead of their own, but they didn’t have the savings or financial…

If you have a stable income but don’t have the cash for a deposit, an expert can help find a way to turn your dreams into reality. Robert and Brooke had a good, solid income but they didn’t have a sufficient deposit to be able to buy a property. They had been knocked back after…