Tag: mortgages Archives

• Change in Lending Rules Not Needed For Now

  November 21, 2014

  In an article for the website The Adviser, Nick Bendel talks about mortgage broker heads going ballistic over the proposed introduction of the new lending rules. The Reserve bank of Australia feels that the property boom in Sydney and Melbourne warrants a change in lending rules.

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  Tagged: mortgages

• A Primer on Mortgagee Sales

  November 20, 2014

  The mortgagee or the lender holds the right to the sale of a property if the borrower does not fulfil his end of the mortgage commitment. Of course, this does not happen unless the mortgage default is severe or the borrower is in no position to pay back the debt. Such type of sale is…

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  Tagged: mortgages

• Don’t get your Loans Serviced By a Single Lender

  October 22, 2014

  In an article for the website Property Update, Andrew Mirams writes about the amount of security you should be ready to pledge to your lender. It is important to be in control of one’s assets but investors are often swept away by clauses and covenants and offer more than their portfolio can risk.

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• Issues a Mortgage Broker Can Assess

  April 1, 2014

  An electrician might not be a great plumber and a champion architect for all his talent may not be a great opera singer, after all. All I mean is that professionals in a field know the intricacy of their particular job like on one else and sometimes their knowledge can be the difference between a…

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• Full Credit History Now Available to Lenders

  February 28, 2014

  While low interest rates offer a fair incentive to buyers to take the property plunge, their minutely scrutinised credit files may make the task difficult for them…..that is if they do not take due care to maintain their credit history.

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• NSW Borrowing the Highest Sum For Homes

  February 18, 2014

  In a bid to realise their dream of home ownership, Australians are not shy of borrowing more. In an article for the website realestate.com.au, Venessa Paech reports that the national average home loan size has increased by 6.4% over the last couple of years. On an average, people are borrowing $319,200 for fulfilling their ownership…

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  Tagged: mortgages