Getting a mortgage while on paid maternity leave

pregnant, maternity leave

It’s not long now until you’re on maternity leave you’re probably wondering “has anyone been approved a home loan whilst being pregnant?” You have your birth plan organised, the baby’s room is prepared, painted, with a crib, change table and rocking chair set up, and the pram is sitting in the corner. You have a budget […]

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What does LMI mean and Why do I have to pay it

Property Success: An Investor's Mindset

Buying property almost means learning a new language. One of the most common acronyms is ‘LMI’. LMI is a term used by banks, lenders, mortgage brokers, accountants and financial planners when discussing buying a property and your loan requirements. But what does LMI mean and why do you have to pay it? Definition of LMI LMI stands for […]

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What does LVR mean

LVR

Buying property almost means learning a new language. One of the most common acronyms used by banks, lenders, mortgage brokers, real estate agents, accountants and financial planners is LVR. But what does LVR mean? Definition of LVR LVR is an acronym that stands for ‘loan to value ratio’. LVR is calculated by how much of a deposit […]

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What does Cross-Collateralisation mean?

Buying property almost means learning a new language even if you have purchased property before. You’re likely reading this because you’re ready to buy another property. ‘cross-collateralisation’, ‘cross collateral’ or ‘cross securitisation’ is a term that has been mentioned to you but what does it mean? And should you agree to a cross-collateralised loan. Definition of cross-collateralised […]

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What’s the difference between a desktop, kerbside and full valuation?

investment, investment loan, investment finance

Buying property requires valuations to be completed before the lender will provide unconditional loan approval. The ‘bank valuation’ (as opposed to a ‘real estate valuation’) will be completed in one of three different ways. A lender may arrange for a valuation to be completed on your property either by a; desktop, kerbside and full valuation but […]

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How to Decide Where to Buy an Investment Property

Investment Property Location

Location, location, location. The first thing most of us look at when selecting an investment property is its location, starting with which state, then suburb and street in the suburb, and finally which specific property in the street. If the property itself isn’t quite right, you can always renovate, but it’s not as easy to […]

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Can a Single Person Buy a House?

Property Success: An Investor's Mindset

Are you single and starting to think about buying your own home? Don’t wait for a knight, or lady, in shining armour to come along because obtaining a home loan while on a single income is possible. Of course, just as if you were part of a couple, your borrowing capacity will depend on your […]

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Why a Successful Business can need Financial Support

A Successful Business can need Finance

A profitable business is a successful business, right? Of course! A successful business Most businesses measure success by profitability. But no matter how positive your balance sheet looks at the end of each financial period, you could still find yourself in a sticky situation while you wait for those funds to come through. A sticky […]

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How to Find Great Tenants for Your Rental Property

Great Tenants

Investing in rental property and becoming a landlord may be a purely financial decision for you, or it could become a lifestyle choice. Either way, it is an adventure made easier when you have great tenants. There are dream tenants out there Dream tenants We’ve all heard horror stories about disaster tenants. They destroy your […]

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Are You Missing Out on a Vital Business Relationship?

A Vital Business Relationship

Every small business depends on relationship. You nurture your relationships with your customers, your staff, and your suppliers. But are you missing out on one vital business relationship? The finance need Small business in Australia needs finance to grow. That finance comes from finance providers. And those finance providers are often chosen by busy, hard-working […]

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