Mortgage Calculators and Home Loans Calculators Tips and Traps

Most Finance Websites have a Mortgage Calculator/Home Loan Calculator, from the very basic to the somewhat elaborate. When using this type of resource there is one important rule you must observe – it is a guide only. You need to speak with a professional before relying on the information.   Mortgage Calculators assist you and […]

What Is Lenders Mortgage Insurance (LMI)

Lenders Mortgage Insurance (LMI) is often misconstrued and misunderstood. Without Lenders Mortgage Insurance the dream of property ownership would be beyond the reach for many people.   To define LMI – Lenders Mortgage Insurance is what a lender takes out to mitigate the risk of a decline in the value of the property asset it […]

First home buyer – Facts you need to know

Buying your first property is both an exciting and daunting time, when you are a first home buyer, it seems everyone has an opinion and the information can at times be conflicting. The first step in the process should be finding out if and how much your purchasing limit might be, given most first time […]