Why You Should Get a Pre-Approval
The Australian property market has certainly been ‘hot’ with properties being snapped up within hours and days on the market, and many people paying well over reserve prices at auctions. How can you put yourself
Genuine Savings & Your Home Loan – What You Need to Know
When applying for a home loan or mortgage for an investment property, you will need to show the bank that you have genuine savings. This means actual savings from your salary, or another form of
Fixed, Variable & Split Loans – Which is RIGHT for you?
Navigating the mortgage and home loan space can be a daunting task. Not only is it important to consider which lender is going to be right for you and how much you should borrow, but
How Does Your Credit Score Compare?
If you’re looking to buy your own home, purchase a residential investment property, or even refinance your existing loans, a great place to start is to check your credit score and work out where you
What Happens to My Mortgage During Divorce
A divorce can be an incredibly difficult and emotionally stressful process for anyone to go through. When you have to start to explore how you will unravel and separate your finances, this can be made
Australian Lenders Respond to COVID-19
There is no doubt that a great deal has changed over the last 3 months with the spread of COVID-19 across the globe. We’ve seen the COVID-19 case numbers breakthrough 500,000 worldwide with the majority
Australia’s Response to the Coronavirus
The Dow Jones has dropped a whopping 25% since the announcement of the Coronavirus, and the All Ordinaries, representing the Australian stock market, has declined a little over 26% since the peak. With mass hoarding
Afterpay and Your Credit Score
‘Buy now, pay later’ – sweeter sounding words have never been heard, until you miss a payment and it starts impacting your chances of getting a home loan or investment loan for your property. ZipPay
What Do APRA’s Moves Mean for Australian Expats
Property prices in most major capital cities in Australia have been on a steady decline since 2017, and as many Australian expats would have faced, it has been difficult to borrow enough capital to enter
Land Tax Changes for Queensland Property Investors
In welcome news for Australian expats who either own or are looking to invest in property in Queensland, the Queensland State Government has announced in the most recent Budget that Australian citizens and permanent residents
What the 2019 Election Means for Australian Expats
It was Bill Shorten’s and the Labor Party’s election to lose, and they’ve managed to achieve this with flying colours. Scott Morrison and the Coalition have managed to retain power and will lead Australia for
What To Do When The Bank Says No
The last few years have been particularly difficult for Australian expats and residents alike in obtaining financing, particularly for Australian property investors. With many Australian expats in particular being declined by their bank, or finding
What Does The Royal Commission Mean For Me
The Hayne report was handed down and released to the public on Monday afternoon of last week. Very few expected that brokers would bear the brunt of the sweeping recommendations made by Hayne, and that
Can Australian Expats Still Get a Home Loan? GalleryCan Australian Expats Still Get a Home Loan?
Aussie Expats, Australian Expat Mortgages, Australian Expats, Australian Expats in Singapore, First Home Buyers, Home Loan, Home Loans, Investment Savvy Mortgage Broker, Mortgage Broker, Mortgages, Property Investment
Can Australian Expats Still Get a Home Loan?
We are often asked by Australian across the globe one very common question – “I’m an Australian expat, can I still get a home loan or investment property loan in Australia..? With all of the
Help! My Interest-Only Loan Period is Ending
There has been a great deal of media coverage about the alarming number of interest-only loans in the market place as well as the fear that many mortgage holders may face difficulty making repayments if
Top 8 Questions to Ask Your Lender
Whether you’re an Australian expat looking to purchase an investment property back home, or you’re an Australian resident looking to buy your first home, there is a lot you need to know about the features
7 Ways a Mortgage Broker Can Help You
A common question that we often come across is this: “Why should I use a mortgage broker instead of my local bank..?” There are many answers to the question depending on your own circumstances and
What You Need to Know About Construction Loans
A construction loan could help you build the home of your dreams, or expand your investment property portfolio, and in Australia there is no shortage of choice. In this week’s article we’ll explain everything you
Break Costs – What You Need To Know
A break cost is a penalty that is payable by customers who close down a fixed-rate home loan before its expiry. It’s important to recognise that this break cost is only payable on fixed interest
Loan Strategies for Expecting Parents
If you’re an expecting parent with a little one on the way, firstly congratulations! We know it can be an incredibly exciting and emotional time for parents-to-be, and even daunting when you’re figuring out how
Which Debt Should I Pay Off First
Debt can be an incredibly powerful tool when understood and managed properly. One of the common questions we’re asked by our clients is, “which of my debts should I be paying off first..?”. It’s not
Loan Types for Aussie Expats
We are constantly bombarded by news headlines and myths that spread like wildfire when it comes to borrowing as an Australian expat. Whether you’re seeking to buy your future home, purchase your first investment property
Should Aussie Expats Buy Property in Trust
One of the most common questions our Aussie expat clients ask us is whether or not they should buy an investment property inside a Trust instead of in their own name. This week we look
Gearing Strategies for Australian Expats
When it comes to designing your Australian property investment and gearing strategy, one of the key elements that you need to consider is the overall cash flow. Are you looking for your property investment to
How To Avoid Debt Pollution
One of the most important elements of getting your own loan structuring right is to avoid debt pollution. Simply put, this occurs when the purpose of your debt is not clear from a tax perspective
CASE STUDY – Aussie Expat Refinance & Purchase
In this week’s blog we wanted to share a case study to highlight a typical client of ours’ and how we were able to help. We have changed the names and personal details of our
Is a Rate Rise Likely In Australia..?
The Governor of the Reserve Bank of Australia (RBA), Dr Philip Lowe, has confirmed that an interest rate hike would be unlikely in the short term, with inflation unlikely to hit the desired target of
How To Improve Your Credit Score
If you’re been trying to refinance, secure a new loan or even a credit card and been unsuccessful, chances are this may be due to your credit score. Let’s start with the basics of what
New Year’s Resolutions To Slash Your Mortgage
2017 has passed and we’ve survived a full year of Trump, Australia entered the 21st century and allowed same-sex couples to marry and North Korea continues to add tension with the threat of a nuclear
How a Mortgage Broker Can Save You Time
“Your greatest resource is your time” - Brian Tracy You’ve found your dream home or your new investment property and now it’s time to arrange the finance. While it’s generally not the most exciting step
Multi-Currency Loans – Dangers for Aussie Expats
You’ve packed your bags, bought your airline tickets, and prepared the family for your relocation to Singapore to join the approximately 1.2 million other Aussie Expats around the world. All of a sudden you’re now
Pay Off Your Home Loan Faster
While home ownership rates in Australia have declined over recent years as prices have risen, particularly in Sydney and Melbourne, there are still approximately 60+% that own their own home, with 31% owning their own
Top 5 Mistakes Aussie Expats Make With Finance
“Never invest in a business you can’t understand” - Warren Buffett The same words of wisdom apply to any asset class, and as Australian expats one of the most widely understood (or at least perceived
Lenders Pulling Out Of Investment Loans
Heritage Bank has just announced that they will no longer be offering investment property loans for both Australian residents and Australian expats. This is due to the fact that they would breach APRA’s lending growth
Refinancing – When to Consider It
With the Reserve Bank of Australia (RBA) keeping cash rates at record lows throughout 2017, it may be wise to consider reviewing your home or investment property loans. Below we’ve highlighted some of the more
Property Valuations vs Appraisals – Different?
As a current or aspiring property investor, it’s important to be aware of the key differences between property valuations and appraisals. If you’re in the property market, chances are you’ve heard these terms discussed before.
RBA August 2017 Decision Update
The Reserve Bank of Australia (RBA) met this month and decided to keep rates on hold at the historically record low rate of 1.5%. What is this decision based on and what does this mean
Property Financing for Australian Expats
If you’re currently an Australian expat living and working abroad, we have good news! It’s still possible to secure attractive financing for your investment property back home in Australia. Whether you’re looking to invest, refinance
New Financial Year – New Financial You
The 2016/17 financial year is behind us and we now enter the new tax year. A chance to reflect on the financial new year’s resolutions that we set at the start of the year and
From Little Things Big Savings Grow
“Great things are done by a series of small things brought together.” Vincent Van Gogh “Millionaire tells millennials: if you want a house, stop buying avocado” – The Guardian “How can Gen Y actually get