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Posted in deposit

What is Co-ownership?

Posted by Chris Collard on 30 August 2024
What is Co-ownership?
In today's Australian property market, skyrocketing prices and tightening lending criteria have made homeownership feel like a distant dream for many. But what if you didn't have to go it alone? Co-ownership, an emerging trend in the real estate world, offers a solution that can make buying property more attainable, especially for first-time buyers.If you're considering co-ownership or simply want to explore your options further, book an appointment with FinancePath today. BOOK NOWWhat is C...
Posted in:repaymentsdepositHomeownershipCo-ownership  

What is Lenders Mortgage Insurance (LMI)?

Posted by Chris Collard on 16 April 2024
What is Lenders Mortgage Insurance (LMI)?
Purchasing your first home is an exciting milestone, but saving 20% for deposit – particularly if you’re also paying rent and navigating cost-of-living pressures – can feel like an impossible mission. To understand your options, BOOK NOW. Consider options like Lenders Mortgage Insurance (LMI) to help achieve your dream of homeownership. Let's discuss the basics of LMI and answer some FAQs: 1) How does LMI work? LMI is a type of insurance that a lender take...
Posted in:Home loansFirst Home BuyersLenders Mortgage InsuranceLMIdeposit