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:: Financial News & Special Offer :: -
Are Aussie consumers starting to spend again?
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Confidence builds as festive season approaches
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Is buying US property too risky?
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Family home proves the best investment over past 24 years
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Aussie banks 'resilient' to market volatility
Q&A
When should I buy my first home?
Before buying your first home, you need to consider a lot of factors and question yourself whether this is the right time to get a mortgage or home loan, whether you are ready to afford a possible lifetime of payments, whether you have a stable income in the future and whether you have a good credit rating.
You should seek professional advice and let them help you to make your first home more affordable.
If you have any questions about buying your first home, contact us on
1300 339 305
.
When should I Invest in Property?
Investing in Property is a long term investment. It takes time to get the reward and It is actually about time in the market that makes the difference. A strategy to buy investment property over time is a good idea.
Nowadays Australia does not have enough new house and apartment to accommodate the growing population which means vacancy rates for investment properties are low. Therefore, property investors are enjoying rising rents and consistent incomes.
If you are already a home owner with equity in your house, it could be the right time to buy an investment property without requiring cash for a deposit.
If you have any questions about buying an investment property, contact us on
1300 339 305
.
How much can I borrow?
The amount you can borrow depends on:
• Your Gross income
• Your Credit History
• Your Deposit and Savings
• Your Current Investments
• The number of dependent children in your family
FinanSolutions can help you to understand your borrowing capacity before you buy a house or apartment, and we will help you to ensure you have enough funds when you find your dream home. Contact us on
1300 339 305
.
How can I refinance my existing loan?
Before looking for refinancing, you should find out everything about your current loan such as interest rate, fees and all the exit cost and do some researches on new home loan products.
Once you have some idea, contact a mortgage broker and tell them your situation and requirement. Your broker will help you find the loan products that suit you.
Remember to evaluate the benefit and cost of getting your new loan before making a move.
If you have any questions about refinancing, contact us on
1300 339 305
.
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