LMI waiver for professionals | Is your job on the list?
If you work in medical, legal or accounting professions you could find yourself eligible to buy a property sooner—with a LMI waiver for professionals.
If you work in medical, legal or accounting professions you could find yourself eligible to buy a property sooner—with a LMI waiver for professionals.
The minimum credit score for home loans is not actually a thing. But a high credit score can improve your chances of a home loan application approval.
Self employed home loans often get branded as difficult and time-consuming. It does not have to be this way.
Could you buy with a smaller deposit and avoid LMI? Check if you are in one of the occupations favoured for a lenders mortgage insurance waiver.
Bridging loans can suit homeowners who do not wish sell prior to finding their next home. This way they can avoid the inconvenience of renting or having to buy “subject to sale”—which could possibly deter sellers.
Your home loan LVR goes a long way to in determining your home loan interest rate.
I We explore four ways you can prompt a review of your LVR—and interest rate.
How much deposit do you need for a house? I explain the numbers because I get that it is HARD to save money for a house deposit.
It might surprise you to learn lenders mortgage insurance protects the lender, not the borrower. It sounds unfair, but it is a way for borrowers with smaller deposits to access low deposit home loans.
Given interest only home loans could cost more over the loan term—are they still worth it? Do they have a place? The answer is a resounding—Yes.
Borrowers refinance home loans for more reasons than interest rates alone. I explore the many reasons for refinancing including how a lower interest rate could prove costly in the long run if you are not careful.