You’re looking to upgrade to a bigger or more modern home but how do you decide whether it’s worth renovating or buying a new one instead? This question becomes even more difficult if you love the area you live in. Both options come with their own set of advantages and drawbacks and we’ve outlined some of them here for you to consider.
Pre-approval—also known as conditional approval or approval in principle—is one of the best ways to find out how much you can borrow and if your financial situation meets the lenders credit policy before making an offer on a property.
Investment in the share market has become high risk. It is in this type of economic climate that the Australian residential property market has historically performed well. With interest rates at an all-time low, if you have been thinking of purchasing a home or investment property, now just might be the perfect time.
Investment in the share market has become high risk. It is in this type of economic climate that the Australian residential property market has historically performed well. With interest rates at an all-time low, if you have been thinking of purchasing a home or investment property, now just might be the perfect time.
5-Step Home Loan Approval Process – emoney Home Loans Read More »
Follow these 8 practical tips to make your home loan application process quicker and easier. Speak to your emoney lending specialist for more information.
There seems to be a lot of confusion about how lenders set their rates. The cash rate does have an impact but it is not the only factor taken into account.
What is LVR and can it affect how much I can borrow? Read More »
There seems to be a lot of confusion about how lenders set their rates. The cash rate does have an impact but it is not the only factor taken into account.
Interest-only home loans predominantly benefit property investors and are not recommended for owner-occupiers because they do not allow you to build equity in your property.
Are you saving to buy a house, go on holiday or something else? Setting and sticking to a budget can help you reach your goals quicker.
Interest rates are at an all-time low and changes to lending policy have increased borrowing power. So, would you be better off buying than renting a home in 2020?
