Benefits of setting up a Self-Managed Super Fund (SMSF)
Self-Managed Super Funds (SMSFs) have become a popular choice for Australians looking to take full control of their retirement savings. Unlike traditional retail or industry funds, SMSFs offer a range of benefits, if you’re looking to invest in property, reduce tax, or take full control of your retirement strategy. However, they also come with responsibilities […]
Is the ‘Help to Buy Scheme’ right for you?
If you’re trying to break into the property market but find the upfront costs a bit daunting, the ‘Help to Buy Scheme’ might be worth considering. It’s a government-backed, shared equity program that can make buying your first home more affordable. But, like any major financial decision, it comes with its pros and cons. Here’s […]
How to consolidate debt and save on your home loan
In Australia, a healthy level of debt is considered a good thing. Managed well it can help you achieve financial and personal goals, like home ownership or a new car. However, when your debt gets out of hand and you find yourself juggling multiple cards and loans, it can be exhausting. If this sounds familiar, there […]
Types of Loans
Fixed Rate Home Loan Key Benefits Protects borrowers in a rising interest rate environment. Enables borrowers to budget for the future with confidence. Principal reductions may be made up to an allowable limit (before break costs apply). Interest in Advance option available for investment loans only. Break Costs What are break costs? When a bank […]
Tip for First Home Buyer: Bank viewing your risk profile
Ensure all current commitments/bills are paid on time When the lender is considering your application, they are assessing your risk profile and part of this is your willingness to repay. Showing that you can pay things like your rent, or any other bills you receive, on time assures the bank that you have a low-risk […]
Tips for First Home Buyers
Do not change jobs at or just before applying for a home loan While some things are out of your control, showing that you have been in same place of employment (and even residence) for a long period of time shows commitment. If you are thinking of applying for a home loan, now is not […]
Types of Loans
Fixed Rate Home Loan Key Benefits Protects borrowers in a rising interest rate environment. Enables borrowers to budget for the future with confidence. Principal reductions may be made up to an allowable limit (before break costs apply). Interest in Advance option available for investment loans only. Break Costs What are break costs? When a bank […]
Tips for First Home Buyers
Do not change jobs at or just before applying for a home loan While some things are out of your control, showing that you have been in same place of employment (and even residence) for a long period of time shows commitment. If you are thinking of applying for a home loan, now is not […]
Save for your Home Loan deposit the Trusted way
Saving a deposit for a first home loan can be a real challenge, especially if you haven’t had to exercise such financial discipline before. Indeed, it may well be the biggest obstacle for many when they decide to become a property owner for the first time. That is why it is important to set in […]
Tips for borrowers planning to start a family
Having a baby is one of the most wonderful experiences in life, but it can also be stressful. You don’t want to be worrying about how you’re going to juggle your finances once your baby arrives. The time to start planning is when you decide to become, or find out that you’re going to be, […]