Author: Otto Dargan
Pension Age: A Win For Older Borrowers
In 2010, the National Consumer Credit Protection Act came into effect. Although it was intended to protect borrowers from irresponsible lending practices, the unintended victims were older borrowers. You see, the new legislation requires banks to prove that you can afford...
Read morefolderCategory: Home Loan Articles, Investment Loans, News
bookmarkTags: Government, Home, Home Loan, Investment, Investment Strategy, Investors, Lenders, Loan, Mortgage, News, Over 55, Property Investment
Why Lying On Your Mortgage Application Is A Bad Idea
Something we see more of than we should are home loan applications where someone has withheld information or deliberately tried to mislead the lender. This is a sure-fire way to get your application declined and get an unwanted enquiry on your credit file. Don’t make...
Read morefolderCategory: News
bookmarkTags: Credit Checks, Debts, Home Loan, Mortgage
HLE Cares – May ’14 Update
HLE Cares is a social initiative started by Home Loan Experts in early 2014 with the aim of helping the less fortunate in Nepal. Our objectives are to: Provide better educational facilities for local students Sponsor education and shelter for children whose parents cannot...
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Why Do Foreigners Like Australian Mortgages?
Do you qualify? If you’ve just arrived in Australia or have been living here for a number of years on a working visa you may be wondering if you are eligible for a home loan. In the infographic above, we’ve laid out the facts and dispelled the myths about...
Read morefolderCategory: Infographics
bookmarkTags: 457 Visa, First home Buyer, Government, Home Loan, Loan, Mortgage, Mortgage Broker, Non-Resident
15 Easy Steps To Buying A Property
1. Have you saved a deposit? The most that banks can lend to you for a home loan is 95% which means you will need to save up 5% before you apply for a home loan. An additional 5% will be needed to cover purchase costs such as stamp duty 2. Have you spoken to a mortgage...
Read morefolderCategory: Infographics
bookmarkTags: First home Buyer, First Home Owners Grant, Home, Home Loan, Property Investment
Australian Vs Foreign Mortgages
We often hear non-residents claim that home loans in Australia take longer to process due to our elaborate verification processes. Understandably, home loan application processes are different in every country due to specific rules and regulations. However, they do share...
Read morefolderCategory: Home Loan Articles, Overseas Borrowers
bookmarkTags: Banks, Government, Home Loan, Investment, Mortgage, Property Investment
Can You Use Your Super As A Deposit?
Should Australians be allowed to dip into their superannuation for the deposit on their first home? Treasurer Joe Hockey recently floated this idea when speaking with Sunrise‘s David Koch last Friday and it has since roused the ire of members of the Labor Party and former...
Read morefolderCategory: News
bookmarkTags: Banks, Debts, Deposit, First home Buyer, Government, Home Loan, Lenders, Loan, Mortgage, News, Self Employed
There’s Always Hope With An Expert
The challenges, roadblocks and obstacles of life will always be there but some people are born to win! Hear the amazing story of Richard and Nina, a couple struggling with personal debt who were finally able to fulfill their dream of owning a home after putting their trust...
Read morefolderCategory: Home Loan Articles, News
bookmarkTags: First home Buyer, Home Loan
How Much Does It Cost To Buy A Home?
Awareness is key! If you’re planning to buy your first home, it’s important to be aware of the fees that you’ll be expected to pay in order to reach settlement. Find out more by using our calculators: LMI calculator: Find out how to save thousands...
Read morefolderCategory: Home Loan Articles, Lenders Mortgage Insurance
bookmarkTags: First home Buyer, First Home Owners Grant, Home Loan, Lenders Mortgage Insurance, Stamp Duty
folderCategory: Home Loan Articles, No Deposit Home Loans
bookmarkTags: First home Buyer, First Home Owners Grant, Home, Home Loan, Mortgage