Home loans are complicated because they require a safety net and work as a cushion for the lenders as well as borrowers, protecting them from unexpected financial changes. The serviceability buffer is one of those safety nets used with the help of a finance broker in Brisbane to protect both the lenders as well as… Continue reading What Is Serviceability Buffer?
Month: April 2024
How To Build Equity in Your Home?
Many homeowners are unaware that their monthly mortgage payments can help them build assets in the form of home equity. Home equity refers to the amount of your home you have as opposed to the amount you still owe. The equity you have in your home keeps growing with time as you pay off your… Continue reading How To Build Equity in Your Home?
Is Becoming A Loan Guarantor For A Family Or Friend A Wise Decision?
Family and friends can be an important part of your life as they help you through your ups and downs by guiding you with the knowledge and experience they have, and you do the same for them. There can be one of the days when your family or friends may ask you to be a… Continue reading Is Becoming A Loan Guarantor For A Family Or Friend A Wise Decision?
Mistakes To Avoid While Investing In A Property
Purchasing an investment property is a huge step towards the future. Many people seek to indulge themselves in purchasing an investment property, as taking the right approach can ensure several benefits for you. These benefits include a comfortable retirement with an opportunity to invest in many investment properties, resulting in increased assets as well as… Continue reading Mistakes To Avoid While Investing In A Property
Steps You Need To Take When Selling Your Home
Both buying and selling a property is a time-consuming task and requires planning in advance. When you have to buy a house, you need to consider various options before opting for home loans. You need to formulate plans and budget, contact a finance broker, and many more. Similarly, when it comes to selling the house,… Continue reading Steps You Need To Take When Selling Your Home
What Counts As Genuine & Non-Genuine Savings For Home Loans?
When applying for a home loan, you need to show your lender that you have savings and have the ability to manage and save money efficiently. For approving your home loan, lenders, banks and financial institutes check your savings. These savings should be genuine. Savings can be termed as genuine and non-genuine; these will be… Continue reading What Counts As Genuine & Non-Genuine Savings For Home Loans?
Factors To Consider To Get High ROI On Investment Property
What is ROI? ROI refers to Return On Investment, a metric used to evaluate the profit earned from an investment. It compares the amount of investment you have paid for with the help of a finance broker in Brisbane and the amount of money you earned from it. The evaluation helps you to evaluate the… Continue reading Factors To Consider To Get High ROI On Investment Property
Discover Paradise: The Top 10 Premium Central Coast Suburbs
Everybody dreams of having a heavenly paradise that they can call home. Although it seems to be achievable, it is hard to get your hands on one such property that not only offers you the finest lifestyle, but also improves your living standards without costing too much. The best finance broker in Brisbane has laid… Continue reading Discover Paradise: The Top 10 Premium Central Coast Suburbs
How can you prepare to refinance your home loan?
People consider various financing options to purchase their home as it helps them buy the property without paying the cost upfront. But sometimes, after getting the financing deal, you can find a better deal. What to do in such a situation? You can opt for refinancing. It refers to replacing your current mortgage with a… Continue reading How can you prepare to refinance your home loan?