While restrictions couldn’t get tougher in NSW during this current lockdown, some lenders are adopting stricter lending policies, especially around job and income stability.
These policy changes are temporary and in response to the current lockdown situation and focus primarily on unstable incomes during this period.
Some lenders will require the following additional documents

Did you know that you can use your 2021 tax return in isolation if you had a particularly good year?
For standard loans, most lenders will require your two most recent pay-slips and most recent payment summary.  However, if you are self-employed, the normal requirement is to provide at least the last two year’s

A further 10,000 First Home Loan Deposit Scheme places will be released on July 1, 2021. The last spots went quickly so you should ideally try and get prepared to apply before June 30, 2021, if you don’t want to miss out.The scheme was launched last year to assist First Home Buyers to buy

There is no doubt the market is hot, and depending on who you speak to, the end doesn’t appear to be in sight anytime soon. For some people, they believe it’s a great time to buy. Get into the market as quickly as possible and ride the wave for whatever time it has left.

As you lay bare all your personal and financial information to your mortgage broker it is normal and legitimate to have that tingling feeling of vulnerability and fear.Have no fear, security is our number one priority and we are constantly upgrading and improving our processes to protect our client’s sensitive information.  This starts from

Did you know that you can use your home loan to buy a new car?
If you have been in your home for a while, you likely would have built up some home equity and you may be able to use this to provide low-interest funds for a new car purchase.  As attractive and

While home loan rates ultimately give you an indication of how competitive a home loan offer is, it is important that you check for handy features that could help you settle your loan faster, like offset accounts and redraw accounts. Both these home loan features allow you to use extra funds to reduce the amount

Can I keep my loan if I swap my home? 
Yes! You can swap the security on your current loan from the property you’ve sold to the one you are purchasing.
If you have an existing mortgage and looking at buying and selling at the same time you should consider security substitution/ loan portability,

Repaying a home loan more frequently can result in reducing your home loan term by years and saving you thousands in interest.
Are weekly or fortnightly mortgage repayments better than monthly?
Usually, both weekly and fortnightly repayments are better than monthly repayments.  Since interest is calculated daily, the more frequent payments you make, the

A buyer’s agent is your safety net for saving you time, money and stress when purchasing your next property.
They will spend their time researching and searching for the property that you’ve got your heart set on and they will identify any red flags and negotiate hard along the way – so there are