How Do Lenders Assess Investment Loans Banks have tightened up on investment loans in 2019, and with all the different lending options that are still available to a multitude of different investors, it’s really important to understand, the differences between different banks and products and how they affect your portfolio on an ongoing basis. Watch this video to understand how banks assess investment ...
The Most Expensive Mistake Home Buyers Make and How To Avoid It
How To Avoid The Most Expensive Mistake Home Buyers Make So you’ve spent hours researching homes on the internet, inspected what feels like a million houses and organised various building reports, contract reviews and your mortgage pre-approval. Buying a house is usually stressful enough without having to trawl through the sales contract. But because vendors and agents will normally try to pressure you ...
What Is A Comparison Rate? How the Fine Print is Costing YOU
What Is A Comparison Rate? How The Fine Print Is Costing You Thousands With interest rates hovering around all-time lows, more and more property investors and homeowners are considering refinancing for a better interest rate and a better deal. And many lenders are happy to oblige by serving up the so-called, “lowest interest rates around!” Of course, the low interest rate environment does present great ...
New Rules On Investment & Interest Only Loans
Important Changes To Interest Only Loans & Investment Lending Interest only loans and investment lending have been a hot topic lately especially after the Australian Prudential Regulation Authority (APRA) issued guidelines and rule changes regarding lending practices in March 2017. Things changed rapidly in the mortgage industry following these announcements. In fact, I’ve noticed a bigger change in ...