If you have selected a Fixed Rate home loan, the fixed rate that will apply will be the advertised rate on the date of settlement

A loan pre-approval is written confirmation that a lender has reviewed you and your current financial position and is prepared to lend you money up to the pre-approved loan amount.

Off the Plan property is a property that has not yet been fully constructed. Some developers offer the chance for buyers / property investors to purchase a property before work has started.

An auction is conducted in public on a date set by the vendor. If you intend to make a bid, you or your representative will have to attend the auction to make an offer. You will win the auction if you’ve offered the highest bid above the vendor’s reserve price. If all bids are under the vendor’s asking price, the property is “passed in” and the auction is finished. Private negotiations will then usually take place with the auction’s highest bidders.

Under the Evidence (miscellaneous provisions) Act 1958, there are many people who may witness the signing of a statutory declaration in Victoria

Click here to see some of our Panel Lenders’ most competitive fixed rate loans. The best rate from our lender panel this month is: 2 year fixed rate 3.69% – NAB – First Home Buyers Special (Interest rates are for Loan sizes over $250,000. LVR and other conditions may apply) Email us if you would […]

Offset accounts: Use them to save you money…

There are so many things in life to think about these days! Insurance however is not always top of mind.

A guarantor promises to make the payments or reimburse any shortfall in the event that the original borrower does not pay and/or the property is sold at a loss.

It is possible to arrange with your lender to only pay the calculated interest on your loan each month, without any requirement to pay down the principle amount owing on your loan.