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    Split Loans
    Teah Hammet
    • Jul 30, 2021
    • 2 min

    Split Loans

    Depending on your circumstances, splitting your home loan between fixed and variable interest rates can enable you to get the best of...
    25 views0 comments
    Rate for Risk (Risk Based Pricing)
    Teah Hammet
    • Jul 30, 2021
    • 1 min

    Rate for Risk (Risk Based Pricing)

    Risk based pricing is the interest rate that lenders offer to a client based on factors such as their credit rating, the security type,...
    2 views0 comments
    Principal and Interest Repayments
    Teah Hammet
    • Jul 30, 2021
    • 1 min

    Principal and Interest Repayments

    Most people take on this type of home loan. You make regular repayments on the amount borrowed (the principal), plus you pay interest on...
    6 views0 comments
    Packaged Home Loan Products
    Teah Hammet
    • Jul 30, 2021
    • 1 min

    Packaged Home Loan Products

    Many lenders offer packaged home loans which allow you to sign up to a home loan as well as other financial products such as a credit...
    3 views0 comments
    Mortgage Offset Account
    Teah Hammet
    • Jul 30, 2021
    • 5 min

    Mortgage Offset Account

    What is an offset account? An offset account is a savings account or transaction account linked to your home loan account. The account’s...
    28 views0 comments
    Line of Credit
    Teah Hammet
    • Jul 30, 2021
    • 2 min

    Line of Credit

    With a line of credit loan, you use a single account for your home loan and your everyday spending. The limit on the line of credit loan...
    5 views0 comments
    Lenders Mortgage Insurance
    Teah Hammet
    • Jul 30, 2021
    • 3 min

    Lenders Mortgage Insurance

    Achieving the dream of home ownership is one of the most exciting times in your life. However, it also comes with a big challenge – the...
    8 views0 comments
    Interest Capitalisation
    Teah Hammet
    • Jul 30, 2021
    • 2 min

    Interest Capitalisation

    Interest capitalisation occurs when interest is added to the total loan amount or ‘principal’ of a loan but isn’t immediately paid back...
    5 views0 comments
    Guarantees
    Teah Hammet
    • Jul 29, 2021
    • 3 min

    Guarantees

    If you guarantee a loan for a family member or friend, you are known as the guarantor. You are responsible for paying back the entire...
    21 views0 comments
    Frequency of Repayments and Paying Off your Mortgage Faster
    Teah Hammet
    • Jul 29, 2021
    • 2 min

    Frequency of Repayments and Paying Off your Mortgage Faster

    Making higher or more frequent payments on your mortgage will save you money and help you pay down your home loan faster. Switch to...
    20 views0 comments
    Different ways to repay and access your home loan
    Teah Hammet
    • Jul 29, 2021
    • 3 min

    Different ways to repay and access your home loan

    Most lenders offer different ways to access and/or repay your home loan. Here are some of the more common features lenders offer to home...
    2 views0 comments
    Construction Loans
    Teah Hammet
    • Jul 29, 2021
    • 3 min

    Construction Loans

    A construction loan is a type of home loan designed for people who are building a home or doing major renovations, as opposed to buying...
    12 views0 comments

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