As a prospective homeowner, you may have heard of people accessing a redraw facility on their home loan. But what is a redraw on a home loan? And is it something that you should consider taking advantage of? We’ve compiled a guide on redraw facilities so that you can consider if it is a financial …
When buying a home, it’s important to consider that you will have additional expenses on top of the cost of the actual property. Stamp duty and property taxes are a reality of buying real estate in Queensland, and should be budgeted for early in your purchasing process, to avoid any financial hiccups once you’ve found …
Understanding Queensland’s stamp duty & property taxes Read More »
The loan features you have on your current mortgage may no longer be suitable, and could actually be preventing you from achieving financial freedom. By choosing to refinance, you can potentially access a better interest rate and save tens of thousands of dollars over the life of your loan. You can also consolidate debt, or …
Being a first-time buyer can feel daunting, but understanding the process of getting a mortgage in Australia can help you to feel at ease during this milestone. We’ve compiled this guide to help you to understand how to get a mortgage, and the various steps along the way in your journey to home ownership. How …
Prospective home buyers eager to get into the market to take advantage of generous government incentives headed by the $25,000 HomeBuilder grant need to be cautious to avoid falling into a poor investment trap, says a Queensland broker. Borro™ Owner Cara Giovinazzo said even though the HomeBuilder grant boosts the construction sector and enables people to achieve …
