Group items tagged

Mortgage lending - where the knowledge scoop?. As part of a mortgage lending , many questions must be answered: What monthly payment is affordable? How high may be a mortgage? How can the internal activities are taken into account in the context of mortgage lending?......Read Full Text

Mortgage lending online. An important component of credit and financing business are construction loans . As collateral for mortgages liens claimed. Whereby here to distinguish again between mortgage and mortgage.......Read Full Text

Mortgage Calculator for calculating interest rates. Mortgage lending: Short or long fixed interest rate? When taking about a mortgage lending arises again and again the question of whether a short or long rate fixation should be selected......Read Full Text

Applying for a home mortgage can be an overwhelming and stressful experience. But with the right knowledge, you can make a tremendous difference to the outcome of your initial mortgage application interview. Follow our proven tips for mastering that ominous interview with the bank and be on your way to home ownership before you know it.

Mortgage Choice has helped many overseas property investors to get a stake in the Australian property market by providing professional investment property loan advice and support. We understand the requirements for non-resident borrowers and your Mortgage Choice broker can help by doing the running around for you and sorting out documentation for your home loan.

Did you know that Critical Illness insurance was invented by a doctor and not an insurance company?

Its finally happening! Queensland's long running Stamp Duty Concession-fest is about to be scuttled and locals will now pay full tote for stamp duty again, following the Queensland Governments Budget announcement in May. You have until the end of the month of July to purchase a property to still be eligible to receive the concession. If you fail to buy by that date then any future purchases will cost you more in duty. Click on the image to view three and a half minutes of that - along with a snapshot of what else is happening in 'mortgage-land'.

The NRAS is a Federal and State initiative designed to stimulate the rental market. What it has turned out to be is a real boom for investors, gosh! Where do I sign? It should be noted that the National Rental Assistance Scheme is not designed as a social welfare program but was seen as a necessity to supply a shortfall of rental accommodation evident in the market, primarily for the target market of essential services workers (Fire, Nurses, Teachers, Police etc) NRAS provides investors with TAX FREE incentives of up to $8,672 per dwelling per year for the first ten years. This can be taken as cash, or as Tax Credits. For the incentive, owners agree to rent the houses out at a discount of between 20 - 25% of the market rate. The rental is administered by QAHC on a 10 year lease which provides security, income is indexed every year AND independently assessed to market in years 1, 4 and 7. At the completion of the 10 year lease the property is fully reconditioned and handed back. Banks will still lend against NRAS properties to 85% as a rule of thumb, anything over 70% though is mortgage insured. For further information on the NRAS scheme call me on 5474 4100 any time.

This financial product allows the mortgage holder to pay fixed EMI on their mortgage, car, or other loans. Protects the mortgage holders from interest rate/profit share variations. Currently, UAE Central banks have increased the interest rates by 0.75%. Thus, the new mortgage holders in 2019-20 are significantly impacted by the recent interest rate hike causing them to make much higher EMI payments on their mortgages. This product can help mortgage holders from being exposed to interest rate hikes and make huge payments. Loan holders can enjoy fixed EMI throughout the mortgage period till its maturity.

In all, aggregators are a necessary part of the mortgage broking industry in Australia. They allow brokers to offer their clients a wide variety of lenders and home loan products and provide an umbrella entity that can assist brokers with training and support throughout their careers.

Today the RBA announced it would not move interest rates this year month as a result of what appears to be a slower than thought recovery. I can vouch for a local economy in Noosa and surrounds that is certainly doing it tough. The news comes as a welcome relief to my clients who are on variable loans. This is the 6th month in a row that the RBA hasn't moved rates, whilst it is a reprieve for the moment they do seem hell bent on raising rates at least once more this year however, by the looks.

Flying solo, tenants, type, interest rates, sacrifices, concerns & more Australia's largest independently-owned mortgage broker has found that of the Queenslanders who will buy their first investment property in the next two years, for 13% it is their first ever property purchase. This compared to a 19% national average.

Initially off, you should less than no instances presume the portions shown on any reverse home mortgage calculator are quantities of bucks you'd actually obtain.

Instead of just dividing this amount out equally earlier mentioned the following a few years, Nevertheless, a reverse mortgage financial loan will dedicate The money and fork out again out a share of the economical commitment.

Citimortgage CEO on Mortgage Aid

Do not Sell the House and Hold the Mortgage?

Scroll below for the following calculators. As usual..use these as guides only and seek independant advise before making any financial decisions. Call me if in need on +61 7 5474 4100.

RP Data recently reported capital city rents increased by 4.2% in 2010 and commented that they are expected to rise by 7% this year*. To put this into real terms, in Sydney it equates to an extra $33.60 on the average weekly rent of $480 for a house and $30.80 on the average weekly rent of $440 for a unit**."

Have you heard that banks are breaking up? It's great news for home loan borrowers like yourself, as lenders rush to introduce a range of incentives to encourage people to switch. But you should be cautious of moving until you fully understand the benefit vs. cost equation. It also pays to be aware of all the different offers available in the marketplace, but it's hard to keep track and research can be very time consuming.

You know when you go to the shops and you are at the checkout and the final tally comes up and you are short of cash and have to put things back? Well if my personal budget is comparable to a supermarket shopping trip like that then I had to put back half the store! Granted, my returns would have been compared to items from the "luxuries" aisle, but then you get used to those type of things don't you?