Most banks will not lend you the entire value of a property when you purchase a home. You're usually going to need a deposit of at least 5% of the purchase price, but there are caveats to how much deposit you'll actually need.
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With the deposit being one of the heaviest one-off payments you will make towards your first home or investment property, could purchasing fractions of a property help you get there quicker?
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This guide will help you understand how you can increase your chances of getting approved with your current job and employment type
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A family needs more than just a space — these features make a house the haven your family needs
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Unsure whether you need a mortgage broker, rather than just going direct to your bank? A broker could make the difference between you being approved for a loan - for these key reasons
Read moreTo increase the chances of getting approved for a home loan, make sure to avoid these errors at all cost
Read moreThe number-crunch doesn’t stop the moment you sign into your first home loan
Read moreFirst-home buyers can work with mortgage brokers to successfully navigate the fast-changing landscape of home loan application processes
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| 3.59%p.a.Interest rate | 3.59%p.a.Comparison rate |
Owner-occupier loans over $200K
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| 3.48%p.a.Interest rate | 3.50%p.a.Comparison rate |
A low-rate home loan saving you thousands
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3.48%Interest rate | 3.50%Comparison rate |
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3.59%Interest rate | 3.59%Comparison rate |
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3.59%Interest rate | 3.66%Comparison rate |
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3.75%Interest rate | 3.80%Comparison rate |
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3.79%Interest rate | 3.79%Comparison rate |
| 3.75%p.a.Interest rate | 3.80%p.a.Comparison rate |
| 3.59%p.a.Interest rate | 3.66%p.a.Comparison rate |
| 3.79%p.a.Interest rate | 3.79%p.a.Comparison rate |
What risks would the policies by the Coalition-led government bring to homebuyers?
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Recent industry developments would likely result in prices bottoming out before the year winds up
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But the move might also raise risk to the lending system
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How can they make sure that they don't fall into negative equity?
Read moreWith unemployment rising recently, the RBA seemed to have lost hope that inflation targets would be met
Read moreWill this move finally breathe new life into the struggling housing market?
Read moreLatest forecast states that around 10,000 homes would rise in the city by 2023
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Meet the new generation of brokers – 30 up-and-coming professionals who are helping to redefine the industry
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Becoming more efficient, productive and customer-centric is the key to success in a tightening credit environment. Total figures may have dropped this year, but the Top 100 tell MPA editor Otiena Ellwand that they’re still optimistic about the future
If there's one question I’m asked almost as much as which property should I buy, it’s this one: How long before I become rich? It’s human nature to want to discover the secrets of other people’s success.
Read moreAre you having difficulty getting a loan from the bank?
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