Hi there! We’re Loanseek Mortgage Brokers, your trusted partners for navigating the world of home loans in Wollongong, Figtree, Albion Park, and surrounding areas. Whether you’re buying your first home, refinancing, or investing in property, our goal is to simplify the process and find the right solution tailored to your needs. We’re going to break …
As the new year begins, it’s important to plan for significant life milestones such as buying a home, starting a family, funding education, and preparing for retirement. Here are some key steps to help you navigate these events with confidence: Buying a Home Assess Finances: Create a detailed budget and check your credit score. Save for …
Negative gearing is a common investment strategy in Australia, particularly in real estate. Here’s a quick guide to understanding how it works and why investors opt for it. What is Negative Gearing? Negative gearing occurs when the costs of owning and managing an investment property exceed the rental income it generates, resulting in a financial …
Many homebuyers believe that a 20% deposit is necessary to secure a home loan, but this isn’t always the case. While a larger deposit has its benefits, such as lower monthly repayments and avoiding Lenders Mortgage Insurance (LMI), it’s not a strict requirement. Smaller Deposits: A Viable Option Lenders now offer home loans with deposits …
Purchasing your first home in Australia is exciting but can be complex. Here’s a streamlined guide to understanding deposits, Loan-to-Value Ratio (LVR), and hidden costs. Deposits A standard deposit is typically 20% of the property’s purchase price. However, deposits can be as low as 5-10%, though this may incur Lenders Mortgage Insurance (LMI). Loan-to-Value Ratio …
As 2025 approaches, it’s time to reassess your relationship with your bank. Many loyal customers are finding that traditional banks often prioritise new clients over long-standing ones, offering better rates and perks to attract fresh business while neglecting their existing customers. Hidden Costs of Loyalty Loyalty to your bank might be costing you more than …