Thanks to a booming real estate market, housing affordability for city-dwelling Millennials in Australia is a widely recognised economic challenge.  If you've done any research into buying your first home, we can almost guarantee you've received some very bad, or at least, tone-deaf advice.  
 
There's no magic pill to saving for a first home deposit, other than financial discipline and finding the right home for your budget and objectives. This ...

Getting ready to buy your first home? As your mortgage manager, we're here to help you every step of the way. It's an exciting time and it's easy to make mistakes. Here are 5 common mistakes that you should try to avoid!
1. Relying on advice from family and friends Family and friends are people you can trust, so it's understandable that you listen to their advice. However, while they may have the best of intentions, it's always best to seek independent professional advi...

If you're self-employed, meeting the strict lending criteria of many banks can be tough. What's more, each bank has its own lending policies making it even harder to know exactly where you stand. When all your time is focused on running your business (as it should be), it can be difficult to do the leg work to find out things like: Do you need bank statements or pay slips to apply for a self-employed home loan? Should you be registered for GST? How does your fluctuating income e...

    Your finances can get a bit out of control sometimes, for all sorts of reasons. Illness, divorce, redundancy – sometimes, just getting overwhelmed with things to do and accidentally missing a bill payment. The result can be that you get put in the bad credit basket. Even if you sort it out and pay the overdue bills or fix up a default on a loan repayment, you can still have a black mark against your name afterwards. So, while you may see yourself in the clear after clear...

  If you're self-employed or you own your own business, you will know all about the challenges of administration - keeping your accounts, finances and income flow all on track. It's not easy. The last thing you need is a ‘no’ on your home loan application because of the paperwork. But here's some good news. There are alternatives. Here are four steps that anyone who’s self-employed can take to help get a home loan sorted. 1. Sort out the paperwork you do...