Non-Bank Lenders

Bank vs Non-Bank Lenders What is a non-bank lender? Non-bank lenders are lenders who; Do not hold an Australian Banking Licence Aren't an authorised deposit-taking institution (ADI) Not a mutual i.e. they are not a bank, a building society or a credit union. A true non-bank lender is one who sources their own funding and [...]

Top Tips for Investment Properties

Top Tips for Investment Properties: 1. Know your numbers What is your taxable income? What are your expenses? What is the expected rental income? How much are you looking at spending? 2. What is your borrowing capacity? Engage the services of a mortgage broker to understand your borrowing capacity 3. Get pre-approved Once you have [...]

Top Tips for First Home Buyers

Top Tips: 1. Know what you can afford There is no point in overextending yourself. Make sure that your loan repayment is within your means. Knowing what you are currently paying in rent and saving can help. 2. How much can you contribute? Obviously, the more that you can contribute, the better. But how much [...]