In these unprecedented times, please reach out if you need assistance with any home, business or personal finance needs. The banks have put a range of relief measures in place to assist homeowners and business owners during this time. If you’re struggling with your mortgage repayments because of the corona virus crisis, help is available.Banks and…
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Knowing it takes a long time to save a deposit to buy a home, the Morrison government announced some great news for first home buyers. In 2020, they are introducing the First Home Loan Deposit Scheme which will help first home buyers get into the property market a lot faster than they would have. To be…
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Lenders will ask for evidence of what they term “genuine savings” when you apply for a home loan. Genuine savings are funds that the potential borrower has saved gradually over a period of time, generally three to six months.This gives the bank confidence that the prospective borrower can make regular payments consistently. Each lender will have…
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