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HOW TO MINIMISE HOME LOAN REJECTION Your Content Goes Here Applying for a home loan doesn’t necessarily mean that the applicant will actually get it. To put it like this, an aspiring homeowner ought to “jump through hoops” to get the much-needed financing for a new house. Now, there are plenty of reasons why a lender might choose to reject a home loan application and assessing what the problem is will get you halfway to solving it without too much hassle. So, we’ll give you some knowledge on what exactly you should do in order to make [...]

Tips on Finding and Building Your Dream Home Your Content Goes Here Although it is not a universal rule, building a home can be cheaper than buying one. It also gives you the freedom to get a house exactly as you want it to be. When you buy one, you will probably need to renovate it so that it fits your personal taste. Building a house isn’t very easy, either, as you have to take into consideration quite a lot of factors that will have a long-lasting influence on your budget and lifestyle. If you plan on going down [...]

TOP TIPS FOR FINANCING YOUR NEW PROPERTY Your Content Goes Here When purchasing a property, you need to take into consideration that big decisions are to be taken and they require commitment on the long run. In order to prevent any unwanted surprises down the road, you will have to inform yourself thoroughly. So, here are some steps that are crucial when buying your new property. Perform an in-depth analysis of your finances This analysis is very important since it will determine whether you are able to purchase a property or not and it consists [...]

Minimise Your Mortgage Repayments Your Content Goes Here Getting a mortgage is at once a curse and a blessing; this doesn’t apply unanimously in all cases, however. The inside scoop is that a family needs to cover other financial needs, as well, not only the repayments on the mortgages: schooling for children, monthly expenditures, car fixing, a vacation once in a while and many other things of this sort. In this light, a mortgage can prove to be problematic even then when its interest rate is decent. Naturally, we know for a fact that you could use [...]

How the Banks determine your Borrowing Capacity Your Content Goes Here “I’ll go down to the lender’s office, sign the papers and get my money” – this is the kind of mentality of more than half of the people who want to get loans. We, on the other hand, know that it’s not so simple. There are countless things that banks will weigh in order to assess how much – if at all – you can borrow. If you’re planning on taking out your very first loan, this list we’ve compiled will let you make your own preliminary [...]

2018 Guide to Refinancing Your Content Goes Here Re-evaluating your finances should be an ongoing practice in your life. You might forget to check your finances from time to time, but you need to know that there are many benefits to it. By checking whether your financial situation is in a good state or not, you could be at an advantage, especially when it comes to taking a home loan. So, the following paragraphs will show you why checking your home loan is going to help you in the long-term. Good News for Investors According to [...]

FREEDOMLEND NAMED MOZO'S ONLINE HOME LENDER OF THE YEAR Your Content Goes Here Great news! We’ve won a swag of Mozo Experts Choice Awards and taken out the coveted title of Online Home Lender of the Year for 2018. The money experts over at financial comparison site, mozo.com.au, trawled through a whopping 525 home loans from 88 different lenders, drawing up the list of the top 10 percent of best-value home loans in Australia, awarding the most consistently high-performing providers a top gong, like Online Home Lender of the Year. “Online lenders are really shaking up the mortgage market and [...]

5 IMPORTANT FEATURES TO LOOK FOR IN A VARIABLE HOME LOAN: Your Content Goes Here Are you currently on the market for a variable home loan? If yes, choose the appropriate variable loan for your unique needs by taking note of the following features. 1. Repayment Flexibility Combined with a Redraw Facility Most variable rate home loans nowadays offer a redraw facility. This feature allows you to make extra payments above the required minimum, as well as access the extra funds if needed. By making additional payments, even if it is just $50 or $100, you [...]

DEBT CONSOLIDATION Your Content Goes Here If you have debt, that can be a good thing sometimes. But as you know things can get out of hand. But how about if you had an option to pay off your debt sooner and consolidate into one monthly payment? Here at Freedom Lend we have the best debt consolidation program. By using are debt consolidation system you will be able to combine your outstanding debts into your existing home loan at a potential lower rate than you currently pay. By taking advantage of this process you will be able to [...]

WILL POSITIVE CASH FLOW WORK FOR YOU? Your Content Goes Here Most investors would think generating positive cash flow is the only way to go, but it actually has certain disadvantages worth considering. And, believe it or not, there are many positive cash flow properties that end up losing money. This article explains the dynamics behind positive cash flow and the associated risks. By definition, positive cash flow property is a property investment that generates more income than expenses over the course of a year. Such property is usually found in areas of town where interest repayments are [...]