They say all good things come to an end, and that includes your ultra-low fixed-rate home loan period. So, what can you do to ensure a smooth transition?
Some of Australia’s biggest banks have tightened their mortgage lending criteria, meaning you might not be able to borrow as much from them. How might this affect your next purchase?
So, you’ve booked a meeting or call in with your bank or broker! Here are my key pointers for how to be prepared and to make the most of the initial meeting before going to see your bank or broker to seek finance.
Many borrowers are complaining that banks are slow to process pre-approvals. Why is this happening? Is there anything you can do to speed up your pre-approval?
Parental guarantees are one way that mums and dads can help their children purchase a property as Kate Hill from Adviseable and Tina Howes from Smartmove Professional Mortgage Advisors discuss in their latest Property Finance Explained series.