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 […]
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 […]
Genuine Savings for a Home Loan Deposit Saving for your first home can be a hard job. It takes commitment, time and dedication to get that deposit together. So, what do banks look for? Generally, financial institutions require borrowers to be able to demonstrate that they can be good savers. Home loan repayments need to […]
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. […]
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 […]
When someone defaults on their home loan it means that they have not made their payments on time. Generally, banks will send a letter to the customer if a payment is late and they will usually charge a late fee or penalty. If a customer continues to miss making their payments for a period of […]
Refinancing Home Loans If your home loan is no longer meeting your financial needs or your bank arrangements have changed, you might consider refinancing to another lender. Refinancing could save you money over the long term. A Mortgage Broker will shop around and find a loan that will meet your financial objectives and goals. This […]
Many home buyers encounter an unpleasant scenario where their dream home is found but their current property has not been put on the market yet. Or it is on the market but buying now would mean they have to accept a low price for their current home so that they can marry up the two settlement dates not to […]
Interest rates are a big factor in each repayment and the total cost over the life of a loan, so staying on top of your current rate, as well as the interest trends across the market, is essential. By staying on top of interest rates, borrowers can make informed decisions about choosing a first-time home […]
First home buyers have been drifting out of the market, while investors have been piling in, according to the most recent data from the Australian Bureau of Statistics. June was the fifth consecutive month in which the number of first home buyer loans fell and in which the share of first home buyer loans […]
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.
