Here, you’ll find valuable insights, industry updates, and expert tips tailored for mortgage brokers. This will help you stay informed about the latest trends, regulatory changes, and best practices to help you thrive in the competitive mortgage industry.
Lenders Mortgage Insurance (LMI) is a significant cost for many borrowers with less than a 20% deposit, but what if you could avoid paying it altogether? For eligible buyers, LMI exemptions or waivers can save tens of thousands of dollars,…
For many Australians, buying a home is one of the most significant financial steps they’ll ever take. But if you don’t have a 20% deposit saved, you might encounter something called Lenders Mortgage Insurance (LMI). So, what is LMI, and…
For healthcare professionals in Australia, buying a home can be more accessible than you think. Many banks and lenders recognize the financial stability of medical professionals and offer Lenders Mortgage Insurance (LMI) waivers, saving you thousands of dollars on upfront…
Your credit score plays a crucial role in determining your eligibility for loans—whether it’s a home loan, car loan, or personal loan. For first-home buyers and anyone looking to secure financing, improving your credit score can mean better loan terms,…
Buying your first home can feel overwhelming, especially when you hear that you need a large deposit—sometimes as much as 20% of the property price. But what if saving that much feels impossible? The good news is that yes, you…
If you’re a first-home buyer in Western Australia, you might be wondering, “How much deposit do I really need?” While the common belief is that you need a 20% deposit to buy a home, the reality is far more flexible.…
When buying your first home in Western Australia, stamp duty (or transfer duty) is one of the biggest upfront costs. Thankfully, WA offers generous exemptions and concessions specifically for first-home buyers, significantly reducing this financial burden. Here’s your detailed guide…
Buying your first home in Western Australia is an exciting step, but it can also feel overwhelming. The good news? First-home buyer grants in WA for 2025 can make the process more affordable. Here’s your ultimate guide to understanding these…
If you’ve noticed your redraw amount shrinking or disappearing altogether, you’re not alone. Many Australian borrowers with a redraw facility experience this and wonder, “Why is my redraw amount reducing?” This article explores the main reasons behind changes to redraw…
Paying off your home loan is a major milestone, but many borrowers with a redraw facility find themselves asking, “What happens to my redraw funds once the loan is fully paid off?” The answer often depends on your lender, loan…
Stay up to date with the latest industry news, tips & updates by following us on social media.
Powered by KX AI
