How important it is to only work with a seasoned builder in your project?
How important it is to only work with a seasoned builder in your project?
Learn how we can help you achieve your ultimate dream house through owner builder loan. Start your journey today!
Owner Builder Loans 2021 So What has changed in 2021? Well, one thing that hasn’t is lenders caution around who is applying and do they possess the skills and knowledge needed to be successful. TALK TO ONE OF OUR AGENTS NOW! Nobody wants a half-built home with dreams and finances in tatters. With the recent pandemic followed…
Planning to buy your first home anytime soon? This article is right for you.
Getting a home loan at this high time of uncertainties may sound counterintuitive, but it is actually quite the opposite. While most industries suffered a huge blow following the Covid-19 pandemic, a very few industries remained relatively resilient. Data revealed that while the recent pandemic has left many industries shaken-even pushing some businesses to close…
If you’re having troubles in your home loan repayment due to the pandemic, read this:
With many Australian homeowners struggling with their home loan repayments as a direct effect of the Covid-19 pandemic, the Government has beefed up its efforts to provide support to those in dire needs. The Covid-19 pandemic has undoubtedly shaken global economies in a magnitude that has never been seen before. Its impact has dwarfed that…
How low-interest rates affect you? Here’s an explanation of why you should care.
While loan offerings from banks become more accessible now that interest rates have reached an all-time low, experts believe getting that first home loan may not be the wisest thing to do–at least for the time being. Amid this time of high uncertainty brought about by the Covid-19 pandemic, the Australian government has issued a…
Things to Expect After Lodging Your Owner Builder Loans Application?
Often people applying for owner builder loans are only concerned about the needed preparations, such as sourcing a property/land and the potential build cost before placing their loan applications. But what happens after that if something is left unchecked, which sometimes can cause more problems if not inconveniences in securing finance? Just a quick background,…
Not sure if you qualify for owner builder loans? Start here:
Owner-builder loans are loan products specifically designed to borrowers planning to build their own house. Unlike any other types of loans, these loans have specific requirements that every potential borrower needs to prepare. Building your own house or doing major renovations can be both stressful and overwhelming. Without any idea of this process, hiccups along…
Learn how to use the most common calculators for your home loans applications. Start here:
Knowing how to use the most frequently used home loan calculators will not only make one’s mortgage application an easy one, but it can also increase the likelihood of approval. Since there are several types of calculators that you can use online, knowing which ones to use and how to actually use them is a…
Here’s how to fast track your owner builder loans application process.
If you are building your own dream house or an apartment complex but need some funds, then owner builder loans are the best loan products for you. Getting your application for these loan products approved can be challenging to many people. Among all loan products in the market, lenders pay extra attention to this loan…
Home Loans Repayment Options Amid The Recent Massive Floods
Homeowners with existing home loans who were badly hit by the recent massive floodings in some parts of the country are encouraged to seek help sooner than later. In the recent weeks, large parts of New South Wales and Queensland have been ravaged by deluge with intensity last seen for decades. These floods badly affected…
Did you know that you can still qualify for a home loan despite having a low credit score?
Finding yourself in a bad financial situation should not hinder people from applying for any types of loans. For example, guaranteed approval loans for bad credit applications are still available for individuals who have an unattractive credit history. Over the past years, millions of households in Australia alone have found themselves in bad financial situations…
Planning for a home construction project anytime soon? See if you qualify for a construction loan from this article.
Building your own dream house is a mixed feeling of excitement and stress. Unless you have plenty of cash at your disposal, looking for the best home construction loans is another thing that you need to look into. With all the different loan products out there in the market, finding the right one to meet…
Want to kickstart your home loans application today? Follow these 9 key steps for higher chance of approval.
READ MORE: What are First Home Owners Grant? READ MORE: RBA Retains Lowest Cash Rate In Recent Update ### Darin Hindmarsh is the founder and CEO of Intellichoice Finance, a broking firm based in Brisbane. He’s been providing financial and broking services in the past 18 years. Hindmarsh is also finalist in the 2020 Australian Mortgage…
First Time Home Buyers: Is It Wise To Get That Home Loan Now?
Getting a home loan at this high time of uncertainties may sound counterintuitive, but it is actually quite the opposite. While most industries suffered a huge blow following the Covid-19 pandemic, a very few industries remained relatively resilient. Data revealed that while the recent pandemic has left many industries shaken-even pushing some businesses to close…
Australia’s reserve bank has held the cash rate for the past quarter at 0.1% and March has been left the same as the previous 4 …
Australia’s reserve bank has held the cash rate for the past quarter at 0.1% and March has been left the same as the previous 4 months. According to the statement released Tuesday, March 2, RBA Governor Philip Lowe noted that the bank remains committed to implement various parameters in ensuring the continuity of fiscal recovery….
Despite some rapid increases in listings of properties in Australia the clearance rate has jumped to near 85% which is substanti…
Despite some rapid increases in listings of properties in Australia the clearance rate has actually jumped to near 85% which is substantial given the concerns around the effect of pandemic would have on residential real estate. According to an analysis from Core Logic, a total of 1287 houses were auctioned off last week which is…
Getting your Bad Credit Car Loans Guaranteed Approval
Applying for bad credit car loans guaranteed approval can be exhausting for many people. Regardless of your financial situation, applying for any loan can become a stressful process if you’re not doing it correctly the first time. Even people with good intentions can fall into financial traps at some point in their lives. Some are able to…
How to Get Car Loans with Bad Credit in 2020
Individuals interested in applying for car loans with bad credit are sometimes discouraged by their negative credit history. Apparently there are roughly 1.1 million households in Australia that are in mortgage stress or on the brink of default. A report from the Digital Finance Analytics noted that at least 1.1 million borrowers in Australia are likely to default their…
A Beginner’s Guide To Owner Builder Loans
Applying for owner builder loans for the first time can be stressful if you are clueless of the things to expect. This is because lenders can be very particular in approving applications for these loans. But with proper guidance from lenders and brokers, this can become a very rewarding experience. Applying for these types of loans can…
Top Things to Avoid in Property Valuation
The method of evaluating the value of a property is not always perfect. For those who do a self valuation on their properties, it is possible that you may not arrive with an accurate value. Common Mistakes in Self Home Valuation 1. Comparing With Properties for Sale in the Market In this situation, the value…
How to Avail the Cheapest Car Loans in Australia
Securing a car loan is not as difficult as you think it is. Finding the cheapest car loans is the challenge that you should be up to for you to be able to secure the best possible option when it comes to car financing. Purchasing a car without doing research on the financing options that you can…
Property Valuation: What Is Your Homes Worth?
Property valuation is the key to determine if the house you intend to sell or the home you intend to buy is indeed a good buy and within the current prices in the market. What is the Value of a Property? An estimate on the value of the property you are selling or buying is…
Owner Occupied Home Loans: What You Need To Know
There are different types of home loans. Distinct terms and conditions apply in particular mortgages making it different from one another. The process of applying and getting a mortgage approved also differs and depends on how will you use your property purchase. Will it be an investment or are you planning to make a home…
Which Banks in Australia Offers 95% LVR Home Loans?
Buying a home, through a loan in Australia has now become easier, even in the prime locations and cities of the continent. Cost of purchasing a home in main Australian cities such as Melbourne, Sydney, Brisbane, Canberra, and Perth have decreased since the beginning of 2019 up to March of this year. It is still…
What Should You Avoid When Looking for Bad Credit Car Loans?
Bad credit car loans are your best option in securing car finance with bad credit history at tow. Getting approved for car financing does not only give you access to an automobile, but it also gives you the opportunity to improve your credit score. Buying a second-hand car would be ideal if you want to…
Why Mortgage Brokers are Crucial in Home Loan Refinance
Home loan refinance is the recourse for many mortgage holders lately, as interest rates have continued to rise in recent months. The mortgage market is experiencing a ‘refinancing tsunami’, with over two-thirds of holders planning to seek a rate review or to go ahead and refinance in 2025. Should home loan refinance clients work with…
Should I Pay Off my Credit Card or Personal Loan First?
Most Australians either have a credit card, a personal loan or both. If you have several accounts and loans to pay off, it can really be overwhelming. For some Aussies, carrying too much credit card debt and having loans becomes a dilemma, placing them in a stressful situation. If you are torn between repaying your…
All About Prefab Homes Australia
In the world of construction, there’s a term that’s been gaining momentum in Australia in recent years: prefab. Prefab is short for prefabrication and is an innovative but old-school construction method that has become as relevant now as ever. Prefab is being touted as one of the best solutions in the ever-growing housing concern across…
Home Loan Interest Rates Impacting Divorced Clients
Divorce is undoubtedly one of life’s most challenging experiences, and when it intersects with financial responsibilities such as home loan repayments, the situation can become even more complex. In Australia, where property ownership is a significant investment, the impact of divorce on home loan repayments is an important but oftentimes missed conversation. Here’s everything you…
Sydney Rentals Increasingly Unaffordable
Australia’s rental sector is surging in costs and is set to worsen, supercharged by overseas migration, inflation, and chronic supply shortage. Rental prices are up 30% over three years after the pandemic, and it’s an impossible situation in major cities like Sydney. This means renters will either place more monthly repayments to rent or move…
What is the Help to Buy Scheme?
The Albanese Labor Government has announced a new type of homebuyer scheme, the Help to Buy Scheme that will assist eligible Australians in entering the property market more swiftly. Since property prices are at an all-time high, there are only select homebuyers who will be eligible for the program even though most need the leg…
When Will Mortgage Rates Go Down? Australia Projections
Another cash rate increase – the Reserve Bank of Australia has once again implemented a cash rate hike that has now brought it up to 4.35%. This is the thirteenth cash rate increase since April 2022. But wait, experts warn that mortgage holders should prepare for one more rate rise this year especially if inflation…
Mortgage House for Sale: What is the Process?
Do you own a house and would want to sell it but it happens to be under mortgage? Most houses in Australia, almost two-thirds of the population, own a home through a mortgage. After paying for your mortgage owned home for quite some time, you have finally decided to sell your property? Is this possible…
Top 9 Tips for Self-Employed Mortgage Borrowers in Australia
Borrowing to avail a home is common in Australia. This is also possible for Australian citizens living and working abroad. However, the process is daunting compared to applying for regular home loans. To increase your chances of getting a home loan approved, even while living abroad, here are some tips you can follow for a…
How Does Migration Impact Housing Supply? 3 Things to Know
Many folks say that overseas migration plays a big role in our housing market. Even when things like high interest rates, not-so-happy consumers, and expensive houses make the housing market problematic, home prices and rents are still increasing. It has been tougher to find empty homes in cities and regional areas because there are more…
How Australian Expats Can Still Get a Home Loan?
Some Australians living or working overseas still longs to go back to their homeland and build their dream home. You may not need it for now, but eventually, in the future, you will long to have your own home back in Australia. However, purchasing a home in cash is not easy. It has become a…