Jodie Humphries

Can I get a second mortgage for a rental property?

If you’ve owned your home for long enough, you’re likely to have built some equity in it, giving you several options for financing your second home or rental property. For instance, you can leverage your home equity by refinancing your home loan for a higher amount, or take out a second mortgage using the same property as collateral. 

How to calculate the loan-to-value ratio for your home loan 

Understanding your loan-to-value ratio (LVR) is and how it impacts your mortgage is crucial to ensure you can stay on top of your home loan. Learn more about LVR and how to measure it. 

Can you change your mortgage broker, and is it a good idea?

Many Aussies have used a mortgage broker to help them get a home loan and guide them through the process. In doing so, some have had great experiences where they continue to use that broker for refinancing or purchasing an additional property. Others have not had great experiences, which have made them ask if they can switch mortgage brokers. 

Should I combine my first and second mortgages?

If you’ve taken out two mortgages on your property, you may want to look for ways to consolidate the first and second mortgage as this could help you save on interest.

Chattel mortgage vs hire purchase: how do they compare?

Choosing between a chattel mortgage or hire purchase arrangement requires deciding whether to buy a car for business purposes or simply leasing it for a fixed term.

How long does a valuation report take?

If you’re buying or selling a house, you may want to know how much the property is worth. A valuation report helps you get a number based on a professional evaluation. 

What is the difference between a real estate appraisal and evaluation?

There is a difference between an appraisal and an evaluation in real estate. You may need either when buying or selling a house, so find out what they mean.

What is the price of a unit of gas in Australia?

Gas prices in Australia are affected by several factors, including network and costs and transportation. The price you pay for gas can depend on where you live and how many people in your region opt for a gas connection.

How to sell your car

Whether upgrading or changing to a new set of wheels, how should you prepare for the sale of a car, and should you sell your car to a dealer? 

Why you should track the average energy price across Australia

Tracking and comparing energy prices can help you lower your energy expenses and decide if you need to switch to another retailer.