NSW Mortgage Corp Blog

Tag: home loans NSW

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.

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.

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.

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.