As discussed in my recent article regarding Loan to Value Ratio (LVR), how much you can borrow is determined by two important factors: Your LVR and your Servicing Capacity. So this week I’m going to focus on the latter of these two. This is because when it comes to presenting a strong loan application itRead more
When you are going through a loan application process with your lender, you’ll notice that banks and other financial institutions like to use a variety of abbreviated terms to describe a range of important elements of the transaction. The LVR or Loan to Value Ratio on your application is definitely one of these as itRead more
Our Mortgage Brokers are often asked by prospective home buyers, “Exactly how much will it cost us in additional fees and charges to purchase our property?” And, perhaps a little frustratingly for some, the brokers’ answer will always be, “Well that depends upon your specific circumstances.” This is because when it comes to identifying andRead more
With the Real Estate Institute of Western Australia’s (REIWA) recent snapshot of the local real estate market for the month ending September 2017, there are some solid indicators that it’s a good time to buy property in Perth. *Combine this with the most recent Worldwide Cost of Living Report 2017, which places Perth as theRead more
As the saying goes, “All’s fair in love and war.” Whilst, I think its fine for the poets and playwrights to make this bold statement, how does this idea translate in the real world when your marriage or relationship breaks down and suddenly ends? Because we all know that what’s fair for one person, mayRead more
A Mortgage Perth Specialist has an intimate knowledge of the lending secrets of the banking industry (Which means they know all the tricks for getting you the best deal possible—including access to the specialist loan products that the public are often unaware of). A Mortgage Perth Professional is able to access specialist mortgage brokers’ networksRead more
Now that the financial year has drawn to a close, it’s the perfect time to take stock of where you are financially. Which means assessing your current financing structures, considering your options and making the necessary adjustments to ensure you’re on track and heading in the right direction towards your goals. So whether you’re lookingRead more
We’ve all experienced what is known as Bad Debt… the kind which costs you dearly in your hip pocket, yet never seems to move you forward with your wealth creation goals. So, if you have Bad Debt (and I’ll admit there have been times when I was younger that I have been in this situation)Read more
I’m a great believer in remaining open to new opportunities and taking advantage of them when they stack up… and this is definitely the case when it comes to refinancing your home loan. Now, there are many reasons why you may want to refinance your home loan. As a general rule, it makes sense toRead more
Experience has taught me that it is always wise to have a back-up plan just in case things change. And there’s one thing we know for sure, and that is that things will change at some stage. This is why I recommend clients have a plan in place for when interest rates move upwards, evenRead more