First Home Buyers Guide to Home Loans
For first home buyers the home loan lending market can be daughtning to say the least, even to some 2nd or 3rd home buyers the prospect of organising finance to purchase a home can be overwhelming. Today, with so many lenders and loans to choose from first home owners have a myriad of mortgage options to choose from. We have a number of articles online to help you in your search for the home loan that is best suited to you.
First home buyer's loans reviewed - Getting into the property market - The increasing cost of real estate across Australia is making it increasingly difficult for first home buyers to get into the property market. With this in mind, home lenders have come up with more innovative loan options in order to help first home buyers get into the property market. Here we look at some of the first home buyer loans available today that are helping more Australians get into their first home.
Is a 100% home loan a good thing for you? - There are a number of things to consider before you take out a 100% or 105% home loan. Borrowing 100% or 105% of the homes value can be a great way to get in your first home. But there is a downside, generally the interest rate is considerably higher than what it would be if you had a larger deposit. Here we look at 100% and 105% home loans and how they can benefit you and also some of the pitfalls of taking out such a loan.
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Top 10 Tips To Making Your Home Loan More Manageable - It can be tricky to manage your finances, but when it comes to home loans there are some simple things you can do that could save you large amounts of dollars in the long term. Here we look at the top 10 tips to managing your home loan repayments.
Unlock the value of your home with a reverse mortgage - Over the past few years, the market in reverse mortgages has been steadily increasing in Australia. However, while reverse mortgages have become increasingly popular, few really understand what they are. Here we take a look at reverse mortgages, including their benefits and potential risks.
Choosing the right mortgage broker in Perth - With Perth experiencing a property boom thanks to the continuing strength in the resources sector, the competition among mortgage brokers in Perth is high. For the Perth homebuyer, this is great news because the increased competition means that you will have a far better choice when choosing a mortgage broker to help you get the best possible home loan deal. Here we provide some tips on finding the right Perth mortgage broker.
Stamp duty calculator online - Most states in Australia charge some form of stamp duty on real estate. And to make matters even more complicated for the property buyer, this differs in each state. Find out how much stamp duty you will need to pay in different states using our stamp duty calculators.
Interest only home loans lower repayments to suit investors - Interest only home loans are popular among property investors because they allow the investor to make lower monthly repayments on the home loan. This is because unlike other home loans, repayments are made on the interest portion of the loan only. Here we take a look at interest only home loans.