Money Advice Experts in Services – MAXISLoans

Category: Mortgage

  • The Role of Loan Portability: Can You Take Your Mortgage with You?

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    When it comes to purchasing a home, getting a mortgage is often a necessary step for many individuals. However, life is full of uncertainties and unexpected changes, which may lead you to consider moving to a new home before you have fully paid off your current mortgage. In such situations, the concept of loan portability…

  • Does Making Fortnightly Mortgage Payments Save You Money?

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    When it comes to managing your mortgage, one strategy that often gets discussed is making fortnightly payments instead of the traditional monthly payments. The idea behind this approach is that by making payments every two weeks, you can potentially save money on interest and pay off your mortgage faster. But does this strategy really work,…

  • How to Use Extra Repayments to Save Thousands on Your Mortgage

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    When it comes to paying off your mortgage, making extra repayments can make a significant difference in the long run. By utilizing extra repayments strategically, you can save thousands of dollars in interest payments and pay off your mortgage sooner. In this article, we will explore how you can use extra repayments to your advantage…

  • Understanding Reverse Mortgages: Are They Worth It?

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    Reverse mortgages have become a popular financial tool for retirees looking to tap into their home equity without having to make monthly payments. While these loans can provide much-needed cash flow for older adults, they also come with risks and drawbacks that need to be carefully considered. In this article, we will delve into the…

  • The Role of a Mortgage Broker: Should You Use One?

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    When it comes to purchasing a home, one of the most important steps is securing a mortgage. For many people, navigating the complex world of mortgages can be overwhelming and confusing. This is where a mortgage broker comes in. A mortgage broker is a professional who acts as an intermediary between borrowers and lenders, helping…

  • What Is a Redraw Facility and How Can It Benefit Your Mortgage?

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    A redraw facility is a feature offered by many mortgage lenders that allows borrowers to make additional repayments on their home loan and then access those funds later if needed. This type of facility can provide flexibility and potential cost savings for homeowners. In this article, we will explore what a redraw facility is, how…

  • Mortgage Inquiry

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    Welcome to the First Step in your Mortgage Application! We’re excited to help you with your Mortgage Application! This submission form will allow us to contact you to guide you through the process of applying for a Mortgage. What to Expect: Once you submit your application, a loan specialist will review your details and contact…

  • A Look at Australia’s Home Loan Interest Rates

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    For many Australians, homeownership remains a central dream. However, securing a mortgage can feel like navigating a maze, especially with fluctuating interest rates. This article delves into the current state of home loan interest rates in Australia, exploring trends, factors influencing them, and offering insights for potential borrowers. The Landscape: Rates on the Rise As…

  • Newcastle Permanent Building Society Mortgages

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    Newcastle Permanent Building Society (Newcastle Permanent), Australia’s largest building society, offers a path to homeownership through its range of mortgage products. Here’s a breakdown of what you need to know about Newcastle Permanent mortgages and how they can help you achieve your property goals. Who They Are: Unlike major banks focused on shareholder profits, Newcastle…

  • Macquarie Building Society Mortgages

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    Macquarie Building Society, a member-owned financial institution, offers a strong presence in the Australian mortgage market. If you’re considering Macquarie Building Society for your home loan, here’s a breakdown of their mortgage products and how they can help you achieve your property goals. Loan Options Tailored to Your Needs: Understanding Key Features: The Loan Application…