Educational Blog

We as homebuyers who have relied upon mortgages to help purchase property are always looking for ways to minimise our monthly repayments. The common strategy is refinancing to cheaper loans, however lesser known options are to utilise offset accounts and redraw facilities which can either fully remove, or minimise the interest charged to borrowers.

Soaring house prices over 2021 have reduced housing affordability for many homebuyers, especially younger first-home buyers. Saving up a 20% deposit is difficult at current prices, causing many to purchase property with a low deposit, leading to a downward spiral as the lenders charge LMI fees, further increasing the cost of purchasing.

Stamp Duty (Land Transfer Duty) is a tax charged by the state government upon the purchase of property. The amount charged to the buyer depends on the contract price.

Looking to buy around Melbourne or anywhere in Australia? Then this is a must read, learn about Lenders Mortgage Insurance, what it is and how you can avoid it. From your trusted mortgage brokers.

A guarantor home loan is a potential strategy for new home buyers (not just first homeowners) which reduces the upfront financial strain of purchasing property and can reduce the monthly repayments of borrowers.

Over the weekend, the Australian Government announced its economic support package to help Australians who are under financial stress as a result of the Coronavirus.

As Movember comes to an end The Chiefs have managed to help raise some SERIOUS money with our team Securinvest raising a total of $1,320 so far.

If we were to ask you what your goals are for this year, or the next three years, or the next ten years, what would you say?

As a broker, our job is to help you find one loan out of the hundreds available that suits your individual needs. What’s more, we’ll help manage the whole process for you. We’ll assist you with the paperwork and manage the application process right through to approval.

Sometimes the best way to get an understanding of home loans, how it all works and how to choose the right one, is to speak to a broker.