by Will | Mar 30, 2023 | Uncategorized
What is Lenders Mortgage Insurance? Lenders Mortgage Insurance (or LMI) is an insurance policy that is paid for by the borrower but obtained by the lender to protect the lender against any losses that may occur where: · the borrower defaults on their loan; · the...
by Will | Mar 28, 2023 | Uncategorized
Where an existing borrower has access to savings after they have purchased a property or accumulate a surplus each month (“excess funds”), these excess funds may be used to reduce the total interest cost on their home loan. This can be achieved by being able to...
by Will | Mar 26, 2023 | Uncategorized
As the cost of living in Australia continues to rise, many homeowners are facing the expiration of their ultra-low fixed rate mortgages in 2023. For those who fail to take action, they may be in for a shock as they are moved onto their lender’s standard variable...
by Will | Mar 23, 2023 | Uncategorized
If you’re in the market for some new wheels, it’s worthwhile sorting out your finance before you walk into a dealership. Here are some of the things to think about: Car dealer financing: Using the dealer’s financing options is often appealing because it is a one-stop...
by Will | Mar 23, 2023 | Uncategorized
The real cost of buy now, pay later More than 2 million Australians are making use of buy now, pay later (BNPL) services through retailers online and in-store. Whilst these services are making it easier for Australians to buy stuff, there are hidden and lasting costs...
