What are basic loan products?
When speaking with your mortgage advisor you will need to make a range of decisions related to products, loan terms and repayment types however one of the other considerations which...
Finance News
What is equity regarding real estate?
Equity Extraction Equity is the difference between the market value of a property and the balance of the loan (if there is a loan). For example, if a home owner...
What is a redraw facility?
A redraw facility is common for most home loans and allows a customer to “redraw” advanced payments. For example, if you have paid an additional $10,000 off your home loan,...
What is the First Home Super Saver Scheme (FHSSS or scheme)?
As a way to try assist first home buyers in Australia, legislation has passed that will enable eligible first home buyers to save for the deposit in the concessionally taxed...
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