NSW Mortgage Corp Blog

Author: Diane Challis

Debt Management 101: What Is Bad Credit?
Loans

Getting the Best Bad Credit Loans

Getting the best bad credit loans is more about finding the right lender that would provide you with a transparent quotation of interest rates and late payment and prepayment penalties.  Don’t be surprised to get a quotation with over 20% interest because lower rates are often reserved for people with better credit.

Refinance vs Debt Consolidation

It’s a new year and if you over spent on the holidays, you might be feeling a little stressed about money? If you’re asking where

A New Year Means a New Beginning

With 2017 drawing near, are you looking toward the future and wondering what now or what next? Have you been thinking about upgrading your kitchen,

Have You Checked Your Credit?

If you’re ready to take the leap into owning your own home or purchasing your first car, don’t run to the nearest mortgage broker or

The “Honeymoon” Rate

We have heard of the honeymoon phase, but how does that apply to loans you might ask.  Well, like a honeymoon when everything is much

How to Buy at Auction

When the hammer falls, the decision is FINAL Put simply, there are two ways to buy a property – either a private sale, known as

home loan health check
Loans

Have You Had a Home Loan Health Check?

With so many changes to Australia’s home loan market each year it’s your responsibility to keep up with the changes. There are plenty of new home loan products entering the market each year and many that may be more suitable for your budget, potentially saving you a huge amount of cash.

comparing home loans
Loans

Comparing Home Loans

It’s important to understand which type of home loan best suits your needs and financial objectives. Once you’ve outlined your financial goals, you can begin to explore loan options that will help you reach them. Here is a quick overview of the most common home loans that are available on the market.

Guarantors and Home Loans
Loans

Guarantors and Home Loans

The lender usually will not have to sell the property to recover their money – the guarantor needs to treat this responsibility as if it were their own. If things do turn sour, a guarantor needs to be aware that it will affect their credit file as if they defaulted on their own loan.

five 5 stages of contruction
Loans

The 5 Stages of Construction

Are you building or planning major renovations for your home or investment property? Here is a summary of the five major stages involved to do so.

Home Loans vs. Construction Loans
Investment Property

Home Loans vs. Construction Loans

You can use construction loans to purchase land and construct a house, to refinance an existing loan and construct a house, to finance the construction of house on existing land or to conduct minor renovations to a new or existing property.

Caveat Loans Offer Business Investment Solutions
Loans

Caveat Loans Offer Business Investment Solutions

In business, things move fast and sometimes you need to make a decision that will require some immediate funds to back it up. Maybe you need the money to purchase and investment or commercial property before competing bidders beat you to it.

Business Loans Can Be Your Most Important Growth Strategy
Business Loans

Bridging Loans Explained

Fear not, this is the ideal time to use a bridging loan. Bridging loans are temporary finance for an individual or business while waiting for something, such as the settlement of a property or obtaining a larger amount of finance.

Fixed Rate Home Loans Lower Than Ever
Financial Tips

Fixed Rate Home Loans Lower Than Ever

Before hurrying to take a fixed rate home loan as soon as possible, you better compare the advantages and disadvantages of this borrowing option.

Rise in Interest Rate – Imminent for Home Loans

Striving to meet the high requirements necessitates funding so a rise in interest rate is not a surprise. The percentage may be a surprising aspect but the experts expected the increase itself. In fact, this is one of the reasons claimed by the chief executive officer of the Bank of Queensland, Jon Sutton, aside from the incredibly competitive market.

Credit Card Loyalty Schemes

When opting for a credit card, people must also take into consideration the loyalty scheme of that particular card. You will most probably be informed

How to Save Your Christmas Dinner

Christmas dinner is a festive event everyone looks forward to. The smell of freshly baked goodies, turkey dish and tasty salads make the holiday season

Positive Aspects of Personal Loans

Compared from other loan types, a lot of people patronise personal loans. Everyone can experience financial crisis due to job loss, wedding, a new born

Stamp Duty May Be Ending Soon

The Senate Economics References Committee’s affordable housing inquiry revealed the stamp duty on homes as being a “flawed” source of revenue. Liberal, Labor and Greens