Entries by Tracie

How to help your kids own a home

The real estate market can be tough for young adults, but as a parent you may be able to lend a helping hand. We tell you how. 1.Parent-to-child loan A parent-to-child loan is when a parent lends their child money. This is a formal, legally binding arrangement, administered by an independent third party. At the […]

Understanding Which Home Loan Features Are Right For You

Buying a home is probably one of life’s most important milestones, so getting the right home loan tailored to your specific needs and circumstances is essential. When it comes to home loans, there are many factors to consider besides interest rates. Choosing the right home loan could not only provide flexibility as your financial situation […]

A simple guide to small business loans

Most small businesses use finance when they’re starting out. Access to finance can also help you manage your cash flow, cover unexpected expenses and purchase the equipment you need to grow. Different loans are designed for different circumstances so it’s important to find one that meets your needs in a cost-effective way. To help you […]

How asset finance can help your business grow

As a business owner, it’s likely you have no shortage of competing demands on your capital. In your quest for growth, you might want to hire additional staff, move to bigger premises, increase production capacity, diversify your product range or spend more on marketing. Using traditional loans or cash to pay for new equipment and […]

Credit report changes: don’t be caught out

If you applied for a home loan in the current financial environment , your lender would probably assess your application in the context of both your credit score and your credit history – on top of your income, assets, liabilities and living expenses. Your credit score is a number calculated by a credit-reporting agency, which compares […]

Is one phone call really all it takes to secure a lower interest rate?

With official interest rates trending downward, shrewd mortgage holders may take the opportunity to call their lender to ask for a better deal. But when even a small interest rate reduction means potential savings of thousands of dollars, is a simple phone call really enough to get you there? In 2019, ‘your interest rate should […]

White-label loans … and why you might want one!

A white-label loan is essentially a home-branded loan, much like the home-branded products you see in the supermarket aisles. Like these products, white-label loans aim to deliver many of the same great features as bank-branded home loans, but for a lower cost to you the customer.  A trend seen in supermarkets over recent years has […]

Sadhana Gopi Reddy Joins Cornerstone

We are delighted to welcome to Sadhana Gopi Reddy as a broker with Cornerstone Home Loans. She has recently relocated from Melbourne to Brisbane and has made the move to join our award winning team. Sadhana comes to us with an extensive background in business and administration and places a strong emphasis on building an […]

4 steps to home loan pre-approval

Ready to buy a property? You’ll need to show the seller you have enough money. For most people, this will mean getting a loan, and the first step to getting one is obtaining pre-approval for it. Pre-approval – also known as conditional approval or approval in principle – is an indication from a lender as […]

5 Questions for First Home Buyers

Are you, or someone you know, interested in becoming a first home buyer?  There are a few things to consider before diving in.  Here are 5 questions potential first home buyer’s should ask themselves … Is it the right time? Moving house can be stressful and time-consuming, so consider whether it’s suitable right now. Will […]