Residential 17 Aug 2020 Can my parents provide a family guarantee to avoid paying LMI What is a family guarantee? A family guarantee is typically a means by which parents can support their child in getting onto the property ladder by using the equity in their home to reduce the size of a cash deposit and / or avoid the… Campbell Gordon
Residential 11 Aug 2020 How to avoid paying Lenders Mortgage Insurance What is Lenders Mortgage Insurance ("LMI")? Lenders Mortgage Insurance or LMI is a one-off insurance premium payable when you take out a new loan. The LMI premium is added onto your home loan and payable over the loan term. Read on to find out how… Campbell Gordon
Residential 14 May 2020 Thinking of major renovations or a new build? What is a construction loan? A construction loan is a loan from a bank which allows you to either build a new home or complete a major renovation on an existing home. The main differences between an ordinary home loan and a construction loan are,… Campbell Gordon
Residential 14 May 2020 Should I pay a rate lock fee for my fixed rate loan? What is a fixed rate lock? When taking out a fixed rate loan, it is important to understand that the fixed interest rate is set on the day of drawdown / settlement, not necessarily the advertised rate when you apply for the loan. In some… Campbell Gordon
Residential 24 May 2019 APRA releases shackles on mortgage prisoners Read on to understand what a relaxation in lending standards could do for new and existing borrowers. After the tightening of lending standards over the past 12 months, it looks like things are loosening which will provide a big boost for, potential borrowers looking to… Campbell Gordon
Residential Should I fix the interest rate on my home loan? Blambles FInance answers this for you in the blog. 28 Nov 2018 Should I fix the interest rate on my home loan? A question that I’m continuously asked by my clients is, “Should I fix the interest on my home loan?”. And fair enough too — if there are ways to save… Campbell Gordon
Residential 19 Oct 2018 My number one tip for buying your first home by private treaty Campbell Gordon
Residential 11 Sep 2018 Homebuyers and investors ask: “Is this as good as it gets?…” Every time the news comes on lately, the story for homebuyers and investors seems to worsen; stories of banks ripping customers off and of tighter lending controls installed as a result of investigations into banking practices. Tightened lending controls mean most people can’t borrow as… Campbell Gordon
Residential 03 Jun 2018 Why use a mortgage broker? I was recently asked by a prospective customer why they should use a mortgage broker rather than going direct to the bank. Here are 15 reasons WHY: Availability Being self-employed, I don’t work bank hours. Within reason, I make myself available as required after hours… Campbell Gordon
Equipment, Residential 09 May 2018 Federal Budget 2018 Its an exciting day for accountants around the country following the Federal Budget Wow – what an exciting day for accountants and finance journalists today who are recovering after spending last night sifting through Federal Budget papers. Ok, so the Federal Government handed down the… Campbell Gordon
