Posts Tagged“real estate”

How to select a mortgage broker

When shopping for a loan to finally purchase the home of your dreams, it helps to have a reputable dealer on your side. One that looks out for you and endeavors to get you the best package suited for your needs, rather than one that is simply looking for another sale in pursuit of a big fat commission. Wondering how to select a mortgage broker? This article breaks down what you need to know and do in order to get a dedicated, caring professional on your case… Take your time and shop around The market for mortgage brokers such as…

What are the benefits of a non bank mortgage over a traditional bank mortgage?

Over the past decade, the Australian housing market has been opened up to private lenders after the step was taken to de-regulate the industry. Much confusion still reigns over what advantages that the new kids on the block bring to the table … what are the benefits of a non-bank mortgage compared to what Australians have dealt with in the past? This article aims to clear the air on this often confusing subject. More liberal lending terms After the 2008 financial crisis, the Big 4 tightened their lending criteria to protect themselves against high-risk borrowers, with the unfortunate side effect…