Money Blog
Welcome to our Money Blog!
Are you looking for finance tips for your loan application or on how to save money? We will aim to provide some blog articles to share our knowledge and provide some general guidance. Everyone’s situation is different so, please, do not hesitate to reach out if you have any questions regarding your home loan.
To Guarantor or Not to Guarantor: The Bank of Mum and Dad
For many parents, helping their children onto the property ladder is a top priority. One popular way to do this is by acting as a guarantor on their mortgage. But is it a wise financial move? Let's explore the pros and cons.
A guide to finding the ideal investment property
A guide to finding the ideal investment property. Are you a St Kilda local dreaming of building a property portfolio? With the right strategy and guidance from a local mortgage broker like WeNeedFinance, you can turn your property investment dreams into reality.
How to borrow money like an Olympic champion?
As we are approaching the 2024 Paris Olympics Games, our team of Mortgage Brokers is offering you tips to navigate the home buying journey like a Champion. Your dream of owning a home is within reach – keep pushing forward with determination and surround yourself with a reliable support team.
Shake It Off: How to Handle Mortgage Challenges with a Taylor Swift Attitude
In the world of home buying and mortgage management, challenges and setbacks can feel as dramatic as a Taylor Swift breakup anthem. However, borrowing a page from Swift's playbook, you can navigate these trials with resilience, strategy, and perhaps, a catchy tune in your heart. Here's how to "Shake Off" mortgage challenges Swift-style.
How to link your ANZ loan account to your internet banking after settlement?
Have you just settled with ANZ but you can’t see your loan account in your ANZ internet banking app? Find some instructions here on how to link your loan account to your internet banking without having to call ANZ.
How RBA Rate Changes Affect Your Home Loan Interest Rate?
Understanding how Reserve Bank of Australia (RBA) rate changes impact your home loan interest rate is crucial to ensure you're getting a good deal. Interest rate fluctuations can leave you feeling powerless, but it’s important to consider them as they are part of every loan's lifespan.
Tips for Purchasing a House with a HECS/HELP Debt
If you have a HECS or HELP debt and are planning to buy a property, you may be wondering how this debt will impact your ability to take out a loan. When applying for a home loan, you will need to disclose information about your liabilities, credit history, and any other debts you may have. Therefore, it is essential to consider the impact of your student debt on your borrowing capacity.
Is it expensive to use a broker?
People are often surprised to hear we don’t charge a fee to help them find the right loan product. Instead, we’re paid a commission by the lender.
It's our job to be across thousands of loan products and to scour the market to find you one that:
Suits your needs now and into the future
You have a good chance of being approved for
Will be processed within the timeframes you require.
How to finance your renovations?
Renovating a property is a significant decision that will hopefully improve your standard of living or add substantial value to your property. Financing a renovation wether it is cosmetic or structural isn’t as straightforward as you might expect. The type of renovations will dictate the type of loan required. If the wrong loan is chosen, you could be left with a pile of unpaid invoices from your builder.
5 things first-home buyers need to know
Before you decide to purchase your first property there are several things to consider, including your current personal circumstances and financial status. Workout the deposit you need and the purchase costs for your first home.
Who are the different parties involved when purchasing a property?
Purchasing a property is a thrilling yet nerve-wracking experience, which is why it can be handy to surround yourself with a network of support and expertise. Here are the different parties who may be involved in your home-buying process and how you can use this valuable knowledge base to answer your questions.
Fixed or variable rates - what to choose?
With interest rates changing rapidly, locking in an interest rate on your home loan to guard against possible future fluctuation may be attractive. However, it pays to know the ins and outs of fixed-rate loans before committing to one.
How to pay off your home loan faster and save big bucks
Reducing the life of your loan isn’t rocket science; there are many simple things you can do to cut years off your mortgage. Here are some tips that will help you be mortgage-free sooner than planned.
What is Lender Mortgage Insurance - LMI?
While some view LMI as being exclusively beneficial for lenders, we explore the value for home buyers.