Posted in Borrowing capacity
Achieve your dream homeownership sooner than you think!
Posted by Chris Collard
on 3 April 2024
 "Achieve your dream homeownership sooner than you think!")
Getting ready to buy a home starts with saving for the deposit. It might seem challenging, but with a solid strategy, you can make it happen.
To help you understand your options, BOOK NOW.
Here are several things to consider to get you started and on track for home ownership sooner than you think.
1) Set a Realistic Savings Goal
Determine how much you need for a home deposit based on the property you want to buy and your lender's requirements. Typically, a deposit of at least 20%...
| Posted in:Property InvestmentHome loansFirst Home BuyersBorrowing capacitygovernment grants |
Did you know your HECS-HELP debt can affect your borrowing capacity?
Posted by Mark Attard
on 12 May 2023
 "Did you know your HECS-HELP debt can affect your borrowing capacity?")
Do you know how much you owe on your HECS-HELP debt?
Recent high inflation means millions of Australians with student loan debts are facing a 7.1% increase from 1 June, up from 3.9% the previous year.
Your HECS-HELP debt is an important piece of information that lenders take into consideration when assessing your application for a home loan, so it’s important to understand yours.
Find out more about how indexation will impact you.
What is HECS-HELP?
The Higher Education L...
| Posted in:Higher Education Contribution SchemeHigher Education Loan ProgramBorrowing capacity |
