MAXISLoans – Page 26 – Money Advice Experts in Services

Eco-Conscious Refinancing: Can Ethics Get You a Better Rate Down Under?

Apr 17, 2024

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In today’s environmentally conscious world, many Australians are looking for ways to make sustainable choices throughout their lives, and refinancing their homes is no exception. The question arises: can you snag a lower interest rate by promising to use the refinanced funds solely for ethically sourced furniture? The Short Answer: Not Likely While Australian lenders…

Emu Extravaganza or Equity Erosion? Refinancing for Backyard Birds Down Under

Apr 17, 2024

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MAXISLoans

in Refinance

Australians love a good emu. These flightless wonders are practically national icons. So, you might be wondering, if you refinanced your house and used the extra cash to build a magnificent emu statue in your backyard, would it attract potential buyers and boost your property value? Let’s dive into the quirky world of emu-themed renovations…

Lunar Landings and Loan Applications: Mortgages for Moon Cribs?

Apr 17, 2024

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MAXISLoans

in Buying a Home, Home Purchase

Ever dreamt of gazing at Earthrise from your very own lunar digs? While the idea of lunar real estate sparks the imagination, the reality of financing your moon mansion with a mortgage is a bit trickier down here on Earth, especially in Australia. The Out-of-This-World Challenges: The Reality Check: While lunar settlements might be a…

Time Travel for Mortgages? Not Quite There Yet: Debunking the Future-Proof Down Payment

Apr 17, 2024

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MAXISLoans

in Buying a Home, Home Purchase

Imagine this: you hop in your ingenious time machine, zip forward a few decades, and return to a future where your house is paid off. Easy peasy, right? Now you’ve got the ultimate proof of income for that dream beach house you’ve always wanted. Sounds like science fiction, and for good reason. Here’s why time…

Beanie Babies and Mortgages: A Match Made in…? Not Quite.

Apr 17, 2024

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MAXISLoans

in Buying a Home, Home Purchase, Mortgage

Thinking of buying a house in Australia? Congratulations! It’s an exciting step, but it also involves a lot of planning and navigating unfamiliar territory. One question that might pop up, especially for those with unique collections, is: “Can I use my beanie babies as collateral for my mortgage?” The short answer? Most likely not. Here’s…

If I pay off the house early, will the bank give me the house as a gift?

Apr 17, 2024

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MAXISLoans

in Buying a Home, Home Purchase

The dream of owning your own home is a big one in Australia. And let’s face it, the idea of paying off your mortgage early and skipping years of repayments is incredibly appealing. But some misconceptions can linger around the process. One such question that pops up occasionally is: if I pay off my house…

Ghouls, Ghosties, and Gone With the Loan: Why Spectral Approval Isn’t on the Inspection Checklist

Apr 17, 2024

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MAXISLoans

in Buying a Home, Refinance

Owning a house in Australia, especially a charming older one, can come with a touch of history – and maybe even a resident ghost. While it might be tempting to ensure any spectral housemates are happy with the new ownership, including them in the official inspection process isn’t quite how it works. Here’s why: The…

Why Your House’s Name Doesn’t Affect Your Mortgage Rate (Australia)

Apr 17, 2024

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MAXISLoans

in Buying a Home, Home Purchase

In the midst of the Australian property hunt, some creative ideas might float around. Perhaps you’re considering a quirky house name or one that pays homage to your lender. But wait, could that whimsical title score you a sweeter deal on your home loan? The short answer? No. While a catchy name adds personality, it…

Crypto Crazy? Using Crypto for your Mortgage Down Payment in Australia

Apr 17, 2024

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MAXISLoans

in Buying a Home, Home Purchase, Mortgage

The Australian property market is booming, and so is the interest in cryptocurrency. But can these two worlds collide? Can you use your Bitcoin bonanza to snag your dream home? Let’s explore the current state of crypto payments for mortgages in Australia. The Short Answer: Not Quite Yet As of today, major Australian lenders don’t…

Painting the Town Red (or Blue, or Green): Will it Affect Your Mortgage Payments?

Apr 17, 2024

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MAXISLoans

in Buying a Home, Mortgage

In Australia’s vibrant housing market, many aspiring homeowners wonder how their decisions might impact their finances. One question that occasionally pops up: If I paint my house a different colour, will my mortgage payments go down? The answer is a resounding no. The colour of your house, while important for curb appeal and potentially resale…

Author: MAXISLoans