In todays complicated home loan lending world there are six keys to your home loan interest rate . They are; Whether the purpose of the loan is for owner occupier or investment property. With most lenders, borrowers with an investment loan will pay a higher rate that an owner occupier loan. The size of the loan, or […]
Divorce and Separation Finance
Want to Retain the Family Home but don’t know if you can afford to? Unfortunately life doesn’t always go as planned. Sometimes we have to deal with situations that are not always pleasant or emotionally easy. Divorce and separation is one such event. Making decisions about who retains the family home and other property can be difficult. […]
How to pay off your mortgage faster
Buy an Investment Property
One consequence of the current APRA crackdown on investment property loans is that some lenders have reduced the amount they will lend on investment properties to 80% of the property value. Is this an issue? My short answer would be no, it doesn’t make much difference. The reason I say this is that most people […]