Government plans to relax home loan rules for younger borrowers…
Treasurer Jim Chalmers has instructed financial regulators to make it easier for Australians with student debt to take out a mortgage. Currently, the banking regulator, APRA, and the financial services regulator, ASIC, expect lenders to take HELP-HECS debt into account when assessing home loan applications. However, Dr Chalmers said he wanted lenders to be able […]
5 deposit strategies to consider, as loan sizes rise higher…
Owner-occupiers are stepping up in the property market as investors are stepping down, according to new data from the Australian Bureau of Statistics, while average loan sizes now range from $465,000 in the Northern Territory to $811,000 in New South Wales. During the final three months of the year, loan commitments fell 4.5% quarter-on-quarter for […]
Negative Gearing and Investment Loans: A Guide for Property Investors
Negative gearing is a commonly used investment strategy in Australia, particularly among property investors seeking to build wealth over time. It plays an important role in the property market and can influence investor decisions and government policies. But what does it really mean, and how does it relate to investment loans? For many property investors, […]
Best Lenders for First-Time Home Buyers in Australia
Buying your first home is exciting, but choosing the right lender can be challenging. With so many home loan options available, knowing where to start is key. The right lender may offer competitive rates, flexible loan features, and special incentives that could help make homeownership more accessible. In this guide, Unconditional Finance explores some of […]
Pre-Approval for an Investment Loan: Everything You Need to Know
If you are planning to invest in property, getting pre-approved for an investment loan can be a crucial first step. It can provide clarity on how much you may be able to borrow and could strengthen your position when negotiating with sellers. Pre-approval is not a formal loan approval, but it gives you an indication […]
Cash-Out Refinancing Explained | Benefits, Risks & How It Works
Cash-out refinancing may be a strategic financial move for homeowners who want to use the equity in their homes to get extra cash. It could help cover home improvements, debt consolidation, or other major expenses, while also adjusting your mortgage terms. In this guide, Unconditional Finance will break down how cash-out refinancing works, its potential […]
Refinancing for Better Loan Terms: A Complete Guide
Getting a mortgage is just the beginning of the journey. Over time, circumstances change as interest rates shift, personal finances adapt, and new loan products become available. That is why refinancing can be worth considering. It could lead to lower repayments, more flexibility, or even a chance to access your home’s equity. Refinancing means taking […]