Lenders Mortgage Insurance can be a necessary evil when it comes to purchasing a home without the full 20% deposit, but it certainly has it benefits. Having said that, depending on the industry you work in, you may be entitled to a ‘Professional Package’ which means your Lenders Mortgage Insurance fee is waived as well as other discounts.
Finding the right loan is more than finding the cheapest interest rate, sometimes, looking only at the interest rate can cost you your dream home, for example…
If you don’t already have one, you might like to consider getting an Offset account. It’s is an easy way for you to save money on your Home Loan, and shave years off the 30 year term. (more…)
I remember when I got my first Credit Card and my sister was explaining to me that I would get up to 55 days interest free when I make a purchase.
Late last year we needed a new car, we had a make do car that was starting to cost more than it was worth and we decided it was time to bite the bullet and purchase a new, reliable car.
Being in the finance industry I am used to writing loans and not being the customer, so this was a great experience for a change. (more…)
Your Credit Score tells a potential Bank or Lender what kind of borrower you are, so it is imperative, if you have a low Credit Score you look to increase it as best you can and here are some ways you can do that;