Parent Assist Home Loan
Did you know parental assistance for your first home loan, can come in forms other than a cash gift, informal loan or a full loan guarantee? Yesterday, in Part 1 of our “Types of Parental Assistance” series we looked at the…
Did you know parental assistance for your first home loan, can come in forms other than a cash gift, informal loan or a full loan guarantee? Yesterday, in Part 1 of our “Types of Parental Assistance” series we looked at the…
Have you ever had a conversation with your parents regarding assistance for your first home purchase? Whilst it is not that uncommon for parents to gift their children large sums of money for the purpose of funding their first home…
How much of a deposit do I need to buy my first home? While it does vary from lender to lender, generally speaking, when buying your first home the minimum deposit (% of the property purchase price) is: 5% if…
If you are reading this blog and you have saved a deposit, I firstly want to start off by congratulating you. It is no easy feat to save a deposit in this low interest rate environment that we are currently live…
Recently we announced that we have partnered with Mortgage Australia Group (MAG) to provide first home buyers with a comprehensive mortgage broking service no matter where they are located in Australia. FHBA co-founder Taj Singh explained one of the key…
When you begin your search for a home loan there is a lot to take into consideration. It is not just as simple as just finding the cheapest home loan rate (although a low interest rate is one of the…
Auction Clearance Rates on the Rise The auction clearance rate rose to a new yearly high of 78% during the August 13th – 14th weekend according to CoreLogic RP Data (based on preliminary results). That is the highest clearance rate since June 2015, with commentators…
Etienne Rizzo, the Director of FHBA Services Community member Deposit Assure, explores how parents can help their children achieve the Great Australia Dream of home ownership. The article was originally written for parents, baby boomers & retirees. Disclaimer: Please note…
FHBA Mortgage Broker Ray Simpson from Sydney provides an exclusive insight into how the banks maximise their profits at the expense of borrowers! Disclaimer: Please note our website, including this article, is in no shape or form designed to replace the…
So you think you’re ready to get your first home loan and you’ve heard (perhaps from a friend or a family member) that you should talk to a mortgage broker about financing your first home loan? Well you have heard right. A mortgage…