Home › Frequently Asked Questions › Home Loan

Frequently Asked Questions - Home Loan


Home Loan
Do you think rates will fall in the future

Historically interest rates have always been on the move, increasing and decreasing as a result of economic climate and market demand.

Historical data would indicate that interest rates will continue to rise and fall in the future.

I am in the process of buying my first home. I signed the contract without having my finance sorted and have been told that I shouldnt have done that? Is this correct? If so what are the implications?

Your solicitor or conveyancer can best advise you in this matter. You should also contact us immediately to commence an application if you intend to proceed.

From a finance broker perspective we would prefer to have met with you and discussed your options and preferences which would lead to lodging an application for a home loan pre approval.

If you had the loan pre approval in place it would expedite proceedings at this stage and take the pressure off a lot of people involved.

Hi, I am a property investor and have 5 separate home loan accounts, would it be better to keep all my home loan accounts separate for each property or consolidate them into one home loan to avoid extra fees?

There are lenders who will package your loans for one combined home loan package fee so additional home loan fees are avoided for each separate loan account held with that lender.

Additional discounts may even be available dependant on the total overall home loan amount and the lender in question.

A downside to having all your home loans with the one lender could be a lack of flexibility if you ever need to refinance or access accumulated equity in your existing investment properties for further investment purposes.

The next Reserve Bank of Australia media release following the RBA board meeting will be,
Count Down






Bookmark this site to return and read the release here.
Save time and register to recieve the news in your inbox. You can turn your email news alerts on or off anytime you choose.Bookmark and Share