The median house price for Australia’s combined capital cities has reached over a million dollars. Domain is of the opinion that market growth may have already peaked. The latest research from Domain has indicated the combined median price across Australia’s state capitals has breeched $1 million for the first time, except Perth and Darwin. The …
One of the most common commercial finance mistakes we see is businesses is not using debt correctly. Using various analytical tools & financial ratios both in your profit & loss and balance sheet we can quickly determine the right level and mix of funding relevant to your business. This is particularly relevant when a business …
https://youtu.be/1YonTE5WD_A 45% of Australian Mortgage owners haven’t reviewed their Mortgage in the last four years – more often than not – paying too much – leaving more money in bank profits and less money in Your pocket. Ask yourself when was the last time you reviewed Your Mortgage. Download my Top Tips to Getting Your …
Don’t Review Your Mortgage – Bank Profits Count More Than You Do Read More »
A lot of people are not sure what exactly a mortgage assessment rate is and more significantly – how can it impact your ability to get a home loan? There is a fundamental misconception that banks and lenders assess your ability to repay a home loan on interest rates at the time you submit your loan …
Australia has one of the highest rates of small business ownership in the world. Every year many thousands of Australians make the decisi0n to quit their full-time jobs and become business owners. In term so getting home loans and other types of finance – most banks just don’t understand how self-employed people make a living. …
Royal Commission, softening housing market, interest rates look set to creep up – it’snow harder to get a loan in Australia right now than it has been for a long time. The financial services royal commission has been quite damning – particularly for the Big 4 banks – coupled with an extreme backlash by the …
The big call I make to clients and potential clients is to review your mortgage at least every two years and if worthwhile change lenders. but for a whole new group of Mortgage holders, this simply is not possible – they are Mortgage Prisoners. A mortgage prisoner is someone who cannot find an alternative to …
Mortgage Stress It is interesting and quite scary to note that the median house price in Sydney is now more than $1.1 million – scary because that means that Mortgage Stress will be on the rise. Rising house prices can and will make homeowners feel wealthier, the larger price of entry has some troubling effects …
Non-Conforming Lenders These types of lenders have been in Australia since the late 1990’s, which was a time when many such non-bank lenders entered the Australian Financial market. Since then they have been offering loans that do not fit the traditional bank lending criteria, hence their name, non-conforming lenders. In today’s Australian finance landscape there are …
What You’ll Need For A Loan Application To make thinh=gs nice and easy for you – here’s a home loan application checklist for you to review. Please bear in mind that usually, we don’t need every one of these documents, but we have provided different options if possible to make the whole process easier for …
Steve Miller