Lender’s Mortgage Insurance (also known as LMI), is associated with a loan that the lender consider to carry high risk. When a loan is worth more than 80 percent of a property’s purchase price, a lender may need an insurance to hedge the higher risk. The one-off insurance payment will protect the lender in the event when the borrower can’t afford to keep up their home loan repayments. In most of the LMI policies, a lender can make a[...]Read More about How to Avoid LMI for Your Home Loan or Mortgage
Pursuing your dream of an own home is quite achievable. But the right amount of finances is the pre-requisite. Therefore, home loans are likely the best option for many home buyers. But the loan process can be daunting if you haven’t a clear knowledge about it. Often the hopeful borrowers are worried about the final verdict of home loan. Some may even ponder upon the time to know the result. The success of home loan application depends on how the[...]Read More about Factors to Consider in Home Loan Approval Process
From Start-up to big enterprises’, a commercial loan helps to gain the financial assistance. A business can get both unsecured or secured commercial loans. Various forms of security including residential, commercial property, business assets, or a combination of these. Events like paying off for expansions or day-to-day expenses or just to manage liquidity are named a few when a commercial loan can be used. A numerous number of loan products are widely available in the market. So, depending on the size and[...]Read More about Commerical loan – choosing the right one for your business
Everyone wants to pay off mortgage as soon as possible but many missed in identifying ways to it. Before we move on, here is a simple question for you. When was the last time did you check the progress of your mortgage payment? Remember even simple analysis of your mortgage payments can bring savings, opportunities like faster payment or even new investments options. So here are out top tips to pay off the mortgage faster and move towards financial independence. [...]Read More about Tips to pay off mortgage early
Mostly we all have credit cards. Indeed, Credit cards are important and convenient in our day to day transactions. But the major cons are interest and penalties if you fail to repay within the time limit. But there are ways to manage and use your credit card smartly and not racking up debt. So here are some quick tips: 1. Do not charge your credit card if you don’t have the cash on hand to pay your credit card bill. 2.[...]Read More about 7 Quick Tips To Manage Your Credit Card Smartly!
In an aim to educate and update you about the finance and mortgage broking industry, we have created this our blog segment. We will add news, tips, quote and general information. Don’t forget to share and comment on our blog posts. Any advice or information provided in this blog section is general in nature. The posts have not considered any specific personal circumstances, needs or objectives. And it is not to be relied upon as personal financial advice. Past performance should be[...]Read More about Welcome to our Blog