So, you’re thinking of buying your first residential investment property? There are a few things to consider before making the move. Here are our top 10 tips for avoiding potential difficulties and ensuring success. Know your goal Understanding your financial objectives is key to finding the right investment property. The actual property itself is rarely […]
It’s all too easy to rack up debt – credit cards, HECS, car loans – and may seem all too hard to pay it off. Debt can also have a big impact on how much money you can borrow for a home loan, so reducing your debt is essential when you set out to buy […]
In Australia, there are a number of ways to structure your home loan repayments. Finding the best option may save you time and money on your mortgage. Here is some information to help you choose the repayment structure that works best for you. Variable rate loans Variable interest rate loans are all about flexibility. Essentially, […]
Wondering how to pay off your home loan sooner? We look at some things you could do. Australian home loan interest rates remain at historic lows, and the opportunities for paying off a mortgage early are better than ever. Used in conjunction with low rates, here are some extra steps that can speed up loan […]
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 […]
What is refinancing? Refinancing is the process of replacing an existing loan with a new one. When it comes to home loans, it means your existing home loan is paid off and replaced with a new one. This is different from a second mortgage, where you draw on the equity you have built up in […]
Taking care of basic maintenance tasks before you sell your home is a no-brainer, but a quick and not-too-costly renovation can add a lot of appeal for potential buyers, and may boost the final sale price. 1.Basics first Fix those little faults that you no longer notice – leaky taps, rusty gutters, broken window catches. […]
Getting a foot in the door of your dream home might be getting harder, but talking to a mortgage broker could get you the keys more quickly. Purchasing a property in today’s housing market is not for the faint-hearted. Would-be homebuyers have only to turn on their TV – or check Facebook or Twitter – for the latest […]
The Banking Royal Commission is a hot topic at the moment in financial circles. The below article outlines some of the concerns for people looking to acquire home loans. At Cornerstone Home Loans, we have definitely noticed some changes to lender policy making it tougher. In saying that, lots of people are still buying homes or […]
The Value of Mortgage Broking – Broker Outreach Fact Sheet
Cornerstone Home Loans deliver a personalised approach with a focus on long-term relationships. Our exceptional results have earned us a strong reputation in helping you achieve homeownership and financial goals.
