Whether you’re a first home buyer, long-term property investor or just looking to refinance, there’s a lot to think about when choosing a home loan. Most borrowers want to keep repayments low, and many also search for helpful features to aid them in paying down their debt. But did you know the size of your […]
Tag Archives: Loan Features
When you begin your home loan journey, you’ll eventually find yourself at a crossroads: should I choose a variable rate home loan or a fixed rate home loan? If you’re stuck and uncertain of which path to take, you could always choose a third option: a split rate home loan. And in the current times […]
Lenders can offer many features to go with home loans. We often hear of the terms like “offset account” or “redraw”, but there is another great feature you can take advantage of when organising your finances: Loan Splits. What is a loan split? A mortgage with a loan split facility is essentially one mortgage divided […]
What is a Mortgage Offset Account? How does it work? Many of us have heard of the term “offset account” when talking about home loans, but do we all know how it works? An offset account is just what it sounds like. It’s used to offset the balance of your home loan, which means you’ll […]