Home Loans

How to Avoid Unnecessary Home Loan Fees

By |2019-10-19T02:45:23+00:00October 19th, 2019|Home Loans|

Outside of the interest rates, bank fees are the second largest cost for most home loans. These fees can either be for the establishment of your loan, ongoing recurring fees or fees for changes to loan products, redrawing or closing your loan facility. Discharge and fixed rate cancellation fees can stop the sale of properties,

How Perth Broker Mortgage Brokers Can Help You With Your Next Home Loan

By |2019-10-07T04:35:31+00:00October 7th, 2019|Home Loans|

So you’ve heard about that more Australians than ever are using mortgage brokers and this might be your first time, or time to find a new broker. You want to know how a mortgage broker can help you with your next home loan, and how Perth Broker especially can assist. Here’s some of the key

What Is An Offset Account?

By |2019-11-21T08:33:01+00:00July 19th, 2019|Home Loans|

An offset account is an account for your home loan which is usually our savings or transaction account. Based on your offset accounts savings, you will only be charged the interest depending on the difference between the total amount loaned and the offset amount. With this offset account affecting the total amount of interest,

What is a Reverse Mortgage?

By |2019-06-09T03:20:37+00:00May 21st, 2019|Home Loans|

A reverse mortgage is a type of home loan facility that allows you to borrow funds using the equity in your home as security. The loan can be taken as a lump sum, a regular income stream, a line of credit or a combination of these options. Interest is charged like any other home

5 Reasons You Should Get a Pre-Approval

By |2019-10-19T03:46:40+00:00May 19th, 2019|Home Loans|

A pre-approval (also referred by lenders as an approval in principal or conditional approval), gives you a formal indication from a lender that you’re able to borrow money to purchase a property up to a certain value based on the information provided. Pre-approvals are provided by applying for a loan where you haven’t yet found