Category: buying-a-home

Buying your first home is an exciting milestone in life, but it can also be a daunting process, especially when it comes to financing. The First Home Owner Grant (FHOG) is a government initiative aimed at helping first-time homebuyers get a leg up in the property market. Understanding the eligibility criteria and benefits of the…

Owning property through a trust is a common practice among many individuals looking to protect their assets and plan for the future. However, when it comes to purchasing a property in a trust, there are certain considerations that need to be taken into account, especially when it comes to securing a home loan. In this…

Shared equity home loans are a unique and innovative way for individuals to purchase a home without having to take on the full burden of a traditional mortgage. This type of financing allows multiple parties to invest in a property together, with each party owning a share of the equity in the home. Shared equity…

Living overseas as an expat can be an exciting and enriching experience. However, if you’re considering buying property in your home country while living abroad, you might be wondering about the process of obtaining a home loan. Many expats face challenges when it comes to securing financing for real estate purchases, but with the right…

Green home loans are a type of mortgage that is specifically designed to promote environmentally friendly practices in homeownership. These loans provide financial incentives for individuals to purchase, build, or renovate homes that are energy efficient and environmentally sustainable. By choosing a green home loan, borrowers can not only contribute to a healthier planet but…

Owning a home is a dream for many Australians, but the upfront costs associated with buying a property can be a major barrier for some. However, there are options available for those who may not have a large sum of money saved up for a deposit. One such option is a no-deposit home loan, which…

When it comes to buying a home, one of the biggest hurdles for many people is securing a mortgage. Traditional mortgages often require extensive documentation to prove income, assets, and financial stability. However, for self-employed individuals or those with non-traditional income sources, providing this documentation can be challenging. This is where low-doc home loans come…

The home loan pre-approval process can often seem like a daunting task for many prospective homebuyers. However, understanding what to expect during this process can help alleviate some of the stress and uncertainty that comes with applying for a mortgage. In this article, we will guide you through the home loan pre-approval process, from start…

When it comes to securing a home loan, many factors come into play. Lenders typically look at your income, credit score, employment history, and debt-to-income ratio to determine your eligibility for a mortgage. However, one often overlooked aspect that can strengthen your loan application is your rental history. Your rental history can provide valuable insight…

When applying for a home loan, there are several common mistakes that borrowers often make, which can ultimately hinder their chances of securing a loan or result in less favorable terms. Understanding these mistakes and how to avoid them is crucial for anyone looking to buy a home. In this article, we will discuss some…