For most of us, our mortgage is by far the biggest financial decision we will ever make and the biggest loan we will ever take out. Our home is also, for most of us, by far the most valuable asset we will ever own. Refinancing your mortgage — changing the terms of the loan — is a popular decision for many people. In 2020, around 8% of all Australian mortgages were refinanced. There are many reasons to do this, but there are also difficulties involved and it may not always be the best decision.Continue Reading
Personal loans are an extremely popular way to borrow money and fund purchases. In 2019 alone, 8 million Australians used this method, which shows how easy and accessible it is. Of course, as with all financial decisions, you should take some time to assess your personal situation and work out whether a personal loan is the best option for you. These loans can be a great choice in a number of situations, but at other times you may wish to consider a different route.Continue Reading
The process of refinancing can be fraught with difficulty and potential problems. You can choose to either refinance directly through your original mortgage lender or go through the process with the help of a broker. We think it’s almost always best to work with a broker, and in this article, we’ll explain why. We’ll also cover some of the main reasons to refinance your home, and look at some general tips.
Commercial loans allow business owners to take steps forward and grow their enterprise without the need for raising the money upfront. The right loan can be a valuable helping hand to achieving goals and generating much more revenue in the long-term. In this article, we’ll look into some of the main reasons to get a commercial loan and how to do it right.Continue Reading
Bankers and brokers are both important players when it comes to getting a mortgage. If you’re new to the process, they may appear to play a similar role, but there are several crucial differences. In this article, we’ll look at the main differences between mortgage brokers and mortgage bankers, and why working with a broker is a good idea.Continue Reading
Buying an investment property can be tough. Many people choose to get an investment home with a mortgage as opposed to buying it outright. This can be a smart financial decision, but it comes with a range of challenges compared to a more traditional mortgage. In this article we’ll look at some of the reasons to buy an investment property in Mackay, some potential problems to look out for, and why using a broker can help.Continue Reading
In places like Mackay, with its thriving mining industry and all the associated jobs, finding equipment for work is a common challenge. This can range from vehicles to industry-specific tools. Buying this equipment is necessary to do your job properly, but it can be a big obstacle, especially when you’re just starting out and might be short on cash. In this article, we’ll take a look at the different options and hopefully help you decide which is best for you.
While it might seem daunting, it’s perfectly possible to get a mortgage as a self-employed person in Mackay (or anywhere in Australia). It’s best to be as diligent as possible when preparing for a mortgage application as a self-employed person, and this article will cover the main bits of information you need to get a strong start.
As an aspiring homeowner, you may have heard a lot about 'fixed interest rates' vs 'variable interest rates' when it comes to mortgages. In this article, we'll take a look at both types of interest rates and when you should consider each one.Continue Reading