SYDNEY, AUSTRALIA
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david@lendpower.com.au

Tag: loan

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5 considerations before becoming A Rentvestor

Rentvesting – renting a property to live in while owning one or more investment properties – is becoming an increasingly popular way for Australians to get a foot on the property ladder. According to Property Investment Professionals of Australia (PIPA)1, 36% of first homebuyers opted to invest in property and continue to rent instead of…
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The common misconceptions about Finance Pre-approval

One of the common questions I get asked by First Home Buyers seeking my help is “do we need to do a finance pre-approval? Is it worth getting one??” Like a lot of things in life – it depends! We touched on some of the key aspects in our earlier article “What is home loan…
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[3 min Wed finance series] Understanding which home loan features are right for you

Loans are by no means ‘one size fits all.’ Different loan types suit different age groups, different living situations and even different attitudes to money.

[3 min Wed finance series] Want to help your kids buy property? Here’s how

The real estate market can be tough for young adults, but as a parent you may be able to lend a helping hand. We tell you how.

[3 min Wed finance series] Confused about home loan pre-approvals? Follow these 4 steps!

Ready to buy a property? You’ll need to show the seller you have enough money. For most people, this will mean getting a loan, and the first step to getting one is obtaining pre-approval for it.

[Investment Strategy] How to develop optimal offer price and forecast cashflow using the cashflow calculator

I think as an investor a cashflow calculator is an absolute minimum tool to have. At the end of the day investing is all about using money to make money – but before you can make any equity you should understand how much the holding costs are per week, month or year in order to…
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[3 min Wed finance series] Mortgage Broker or Bank?

When you’re looking for a home loan, you could go to a mortgage broker or to a bank. While a bank will only offer you its own products, a mortgage broker is an industry expert who will take the guesswork out of finding the mortgage or finance product that suits you and your needs.

[3 min Wed finance series] Fixed, variable, split…which is the right fit for you?

In Australia, there are a number of ways to structure your home loan repayments. Finding the best option may save you time and money on your mortgage. Here is some information to help you choose the repayment structure that works best for you.

[3 min Wed finance series] What are the Exit Costs of Refinancing?

Refinancing can be a great way to save money if you believe you are paying too much for your loan, but there is more to it than just finding a loan with a lower interest rate and making the change. Before making the switch, ensure the savings you could make outweigh the fees involved. Here…
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[3 min Wed finance tip series] Do you know your profession may allow you to save on your home loan?

When it comes to saving on your mortgage, some of you may not have to look further than your job. If yours is a profession that classifies you as a ‘low risk’ borrower in the eyes of lenders, then you may be entitled to special discounts.   The lucky ones Accountants, lawyers and teachers are…
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