How to get Pre Approved for a House Loan?
Why do you think it’s necessary to understand how to get pre approved for a house loan? It’s not even unconditional approval we’re speaking of, so why the emphasis? To understand, we have to take it from the beginning. One of the biggest challenges many buyers face when looking to buy a home is understanding […]
Can I Use My Super to Buy a House?
While superannuation is primarily designed to fund your retirement, there are limited circumstances where it can also assist with a property purchase. Since a super is not a regular savings account, you generally cannot withdraw your balance early just to buy a home, but specific government-approved strategies allow you to use your super in a […]
How Much Do I Need for a House Deposit?
There is no universal answer to exactly how much you need to buy a home. The amount required can vary significantly depending on several factors, including the purchase price of the property, the state or territory you’re buying in, whether you’re a first-home buyer and the requirements of your chosen lender. Most Australian lenders look […]
Conditional Approval Vs Unconditional Approval
When applying for a home loan, especially as a first-timer, you’ll come across several unfamiliar terms, ones that are bound to leave you confused. Among them, two of the most important are conditional approval and unconditional approval. A conditional approval is an early stage in the home loan application process, and what you receive on […]