Welcome to
our BLOG

How Much Should I Borrow?

How Much Should I Borrow? – A Guide for Property Buyers

When purchasing a property, one of the biggest decisions you’ll face is determining how much to borrow. While some buyers aim to maximise their borrowing capacity, others might find themselves in a position where they don’t need to stretch their finances to the limit. At Blambles Finance Group, we often encounter clients who have the capacity to purchase with cash or without the need for debt, but still wonder whether taking out a mortgage is the right move.

Read more

Offset v Redraw

Offset Account vs Redraw Feature: Which is Better for You?

If you’re a homeowner in Australia, you’ve likely come across the terms “offset account” and “redraw facility” while exploring ways to manage your mortgage. Both are powerful tools for reducing the interest you pay on your loan, but they operate differently and suit different financial strategies. Let’s dive into the benefits of an offset account compared to a redraw feature so you can make an informed choice.

Read more

Benefits of an Offset Account

Understanding the Costs and Benefits of an Offset Account

An offset account is a popular financial tool for Australian homeowners. It’s a simple yet powerful way to reduce the amount of interest you pay on your home loan while keeping your savings accessible. But like any financial product, it comes with both costs and benefits. Here, we’ll break it all down in a way that’s easy to understand, so you can decide if an offset account is the right fit for your financial goals.

Read more

How do Commercial lo doc loan applications work?

 

A common challenge for business owners when seeking finance is the need to have current (latest) financials, with the current year, not more than 18 months old (generally).
Having current financials certainly gives borrowers the widest selection of lender options available and therefore the best chance of securing the most competitive finance terms available. Read more

What is a lease doc loan?

 

 

A lease doc loan is a simplified loan application process some banks use to assess commercial investment property finance deals.

It is not available for residential property loans.

If a deal meets the lease doc policy, then this can substantially reduce the amount of paper work required as compared to a standard / full doc commercial / business loan application.

Read more

BLAMBLES

Please contact us to discuss your financial requirements or to sign up to our newsletter.