Insurance for something you can’t see or touch, such as your income, may seem strange, but how would you pay your mortgage if you were unable to work?
It’s easy to get carried away with the fun part of buying a property – looking at houses – but delaying the less compelling task of arranging finance will weaken your negotiating position on both the property and the loan.
Another month, another rate cut. Finance can be so tedious. That is until you realise it could mean more money in your pocket. But how? For many, matters of personal finance are so dull and/or difficult, they are immediately filed in the too-hard basket.
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.
While some view LMI as being exclusively beneficial for lenders, we explore the value for first home buyers.
With interest rates at an all-time low, and many lender’s fixed rates lower than their variable options, locking in an interest rate on your home loan to guard against possible future fluctuation may be attractive. However, it pays to know the ins and outs of fixed-rate loans before committing to one.
If you’ve been thinking about purchasing your first property, 2020 might be the time to pounce.
Following a long-awaited correction, many property markets across Australia appear to have plateaued and are now once again increasing in value.
Considering transforming your home from ‘banal’ to ‘brilliant’, but lack the funds to support your makeover? Never fear, we’ve rounded up five home renovation finance options that could help turn your dream into reality.
If your financial situation has changed due to the Coronavirus and you are unsure of the financial support available to you, it is worth getting in touch with a mortgage broker who can help you understand and work through the available options.
During this time of uncertainty, KLM finance is still open for business to assist you with anything mortgage-related and to help you with your current financial situation.