APRA’s Rate Update: 6 Tips to Maintain your Borrowing Capacity
APRA, the regulatory body that supervises the banks of Australia issued a requirement for banks to increase their assessment rates by 0.5%. Borrowing capacity is expected to decrease by 5% because of the recent APRA’s rate update.
Employment Types and How They Affect Your Loan Application
You may be a permanent or casual employee, work multiple jobs or be paid based on commissions and so on. How does your employment type affect your loan application with the banks?
7 Tips to Reduce Loan Costs and Save
Loans are part of our lives, be it a home loan, car loan or a business loan. Here are some useful tips on what you can do to reduce the costs of your loan!
Should you apply for a mortgage repayment holiday?
A mortgage repayment holiday is becoming increasingly popular. Read this article and what the video below to find out what a mortgage repayment holiday really is and its pros and cons.
How to secure a better rate from your lender
Mortgage broker Marissa Schulze has never seen this sort of buyer demand in her long banking career, with property values and rentals soaring across the market.
Improving your Borrowing Capacity
Improving your borrowing capacity is improving the amount of money a bank or financial institution will lend to you based on your current financial position.
Loan Features: Which Ones Are Suitable For You?
With so many different lenders and loan features to choose from, finding the right loan and finance structure can often be confusing and overwhelming!
Protect Your Credit Rating – Covid-19
How to protect your credit rating? It’s important during these times to know how your credit score might be impacted by any missed or late payments!
How to negotiate a better interest rate!
There is no better moment than the present! Now is the perfect time to negotiate a better interest rate and save money on your loan!
Tax Implications of Government Relief Packages – Covid-19
There are a number of Government relief packages available for individuals, property owners and business owners during Covid-19, but what might be the tax or finance implications?