What is Lenders Mortgage Insurance (LMI) & How to Avoid It
As a first home buyer, you’ve probably come across the term “Lenders Mortgage Insurance (LMI).” But what is Lenders Mortgage Insurance (LMI) & how can you avoid it? In this post, we’ll explain everything you need to know about LMI, why it can cost you thousands of dollars, and most importantly, strategies on how to […]
The Top 3 Questions First Home Buyers Ask (And The Answer To Them)
Discover the top 3 questions first home buyers have, including how much they can borrow, available government grants, and the step-by-step home buying process. Learn from experts at 360 Mortgage Solutions to get answers and confidently start your journey to homeownership
Understanding Lender Pre-Approval: The Essential First Step for First Home Buyers
Learn why lender pre-approval is crucial for first home buyers. Discover how the pre-approval process works, what documents are needed, and when to apply to improve your chances of securing your dream home.
Unveiling the Surprising Truth: High Interest Rates on Self-Managed Super Fund Loans
In recent times, there has been a startling revelation in the financial sector that has left many investors taken aback. Some major banks are charging interest rates above 10% on self-managed super fund (SMSF) loans. This has significant implications for those who have opted for such loans, as it could potentially mean paying much more […]
Buying off the plan
Buying off the plan comes with it’s risks, this week I take you through a recent client experience as they were looking at the pros and cons to signing their dream home off the plan…
What you need to know about credit cards
For a lot of people, a credit card is a normal, everyday part of life but what so many people don’t know (and what the banks don’t want you to know) is using your credit card can at times put you further and further behind financially, and, it could also be impacting your borrowing power! […]
Fixed vs Variable: Should You Fix Your Home Loan Now?
It’s the age old question…. Fixed Vs Variable. For the entirety of my banking career, I’ve witnessed interest rates steadily decrease, making borrowing cheaper for homeowners. However, we’re now seeing signs of change, with fixed interest rates already rising since December 2021. The most common thing I hear from clients lately is: “I have to […]