Home Loans Articles

What is a good rental yield?

Understanding the rental yield for potential property investment opportunities is crucial. So, what exactly is rental yield, and how do investors determine what is considered ‘good’ or ‘bad’?

Can you get a home equity loan with low income?

A home equity loan allows you to borrow against the equity in your home. But you need to be earning enough to qualify for one, as lenders want to ensure you can comfortably repay the additional amount you borrow on top of your original mortgage.

What are capped rate home loans?

Capped rate home loans provide extra security of a variable interest rate without locking in a fixed rate. You can be rewarded by capped rate home loans if the variable rate is reduced so your repayments will be less money.

Guide to buying a rental property with a home equity loan

If you’re considering buying a rental property, you could use the equity in your own home to secure a loan. Learn more about how to plan before you do this.

Can you refinance a reverse mortgage to a conventional loan?

You likely can’t refinance a reverse mortgage to a conventional loan, but you could refinance your reverse mortgage to get more cash or save on interest.

Home Equity Loan: Advantages and Disadvantages

A home equity loan has its disadvantages and advantages. If you’re looking to borrow against your house, check the pros and cons of taking on a home equity loan before you go ahead.

First Home Owners Grant | First Home Buyers Grant

A state-wise guide to the First Home Owner Grant and stamp duty concessions available to first home buyers in Australia.

Should I continue repaying a mortgage if I am not on the title?

If you are a named owner listed on a mortgage, you are responsible for repaying it whether or not your name is on the title. Find out your responsibilities.

How does a lump sum payment on a home loan help you?

You’re probably keen to repay your home loan as quickly as possible. Find out how making a lump sum payment on a home loan can help you achieve that goal.

What happens after paying off your mortgage?

After years of discipline, your home loan is fully paid. What next? Let’s take a look at what to do after paying off the mortgage.

Moving in with a partner who has a mortgage

Moving in with your partner is a big decision. You’re both excited about the new experiences, but what should you know if you’re moving in with a partner who has a mortgage?

Can you use shares as equity for a home loan?

Your equity investments cannot be treated as security but could strengthen your case when applying for a home loan.

Understanding shared equity schemes

If you want to buy a house but are worried whether your savings and income will be sufficient, then a shared equity arrangement (SEA) could be helpful. Learn about the various SEA models and how they work.

Can you get a home loan with foreign income?

If the bulk of your income is in a foreign currency, whether you’re living in Australia or overseas, you may wonder how or if you can get a mortgage. Understand your options.

Understanding home equity loans

Home equity loans allow you to access the money you’ve paid into your home loan without selling your home.

Buy your first home with a low deposit and no LMI with these government-backed schemes

The Home Guarantee Scheme (HGS) is an initiative by the Australian government to help eligible first home buyers purchase a home sooner

Causes of inflation

One of the main reasons the Reserve Bank of Australia (RBA) raises interest rates is to bring down high inflation. But what exactly is inflation, what factors push it upwards, and how does raising interest rates push it back down?

What to expect on settlement day

A property sale is said to “settle” when the property changes hands from one owner to another. While the buyer and seller don’t usually need to do much on settlement day, it’s worth understanding the processes that the solicitors, conveyancers, real estate agents and mortgage lenders are taking care of behind the scenes.