A non-conforming home loan is a loan that does not fit a lender’s standard criteria for a home loan. These loans are usually offered to people that have a bad credit history or extraordinary financial needs. Because non-conforming home loans differ from the norm there are a few differences you need to understand and keep… [Read More]
Archives for August 2019
How much deposit do I need for a Home Loan?
In the past, it was possible to borrow 100% of a house’s value and not even have to pay a deposit. Now, lenders are a lot stricter and acquiring a loan without a deposit is much more difficult. So, how much deposit do you need? The total amount of your home loan deposit will depend… [Read More]
How the Government can help you buy a home
Buying a home is a big undertaking, which is why the government offers a range of initiatives to make things a little easier for home buyers. These initiatives are available to every Australian so it is important to take advantage of them as other people in the market will be. Here are some of the… [Read More]