Mortgage Brokers
Mortgage flexibility is not about having the longest list of features on your home loan. It is about having a loan structure that gives you useful choices when your circumstances change. For one homeowner, that might mean keeping surplus cash in an offset account while retaining access to it. For another, it could mean being […]
Getting your loan approved can feel like the finish line. It is not. Before settlement, you should understand the loan amount, interest rate, repayment type, loan term, fees, features and any conditions that still need to be satisfied. You should also know what you are expected to do before settlement and what could affect your […]
Once you understand that an offset account can reduce the amount of your mortgage that is charged interest, the more useful question becomes: How do you actually use it to accelerate your mortgage repayment? Having an offset account and using an offset account strategically are two different things. A borrower might keep $5,000 in an […]
