Jodie Humphries

How to beat the banks on mortgages?

Are you paying a substantial amount to the bank for your mortgage? There are a few ways you can pay less or finish it sooner. 

What is the average mortgage on a million-dollar home?

Before making plans to buy that million-dollar home, or refinance your current one, check what the average mortgage on a million-dollar home looks like. 

Is paying my mortgage off in full a good idea?

While becoming debt-free is wonderful, consider checking if paying down your mortgage is more suitable for your financial situation than investing the money elsewhere.

What you should know about construction loans?

Over 5000 Australians use construction loans to fund building a new home each year. If you’re planning to take this route, you’ll need a complete understanding of how these loans work.

What is a mortgage deposit bond?

If you don’t have enough cash available, you can pay the deposit on your home with a deposit bond, and pay the full amount on settlement of your purchase.

What does mortgage approval in principle mean?

A mortgage approval in principle isn’t the same as getting approved for a mortgage, but it can speed up buying a home. Find out how.

What you should know about borrowing money on your mortgage

If you’re looking to borrow additional money on your mortgage, you must consider a few things before applying for a top-up loan.

How do banks make money on mortgages?

Banks typically make money through the interest and fees they charge mortgage borrowers, which exceed the interest they pay on savings accounts.

How does taking a personal loan affect your credit score?

Applying for a personal loan can affect your credit score, as can not repaying it as per the loan terms. Understand how a personal loan affects your credit score 

How to prepare for a house valuation

If you are to sell or refinance your home or need the property’s value as part of a legal settlement, first thing that you need is to do a house valuation.