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Category : Articles

What To Do When Your Loan Is Declined

If you don’t receive approval don’t give up. Speak to a professional in the industry and keep your dream alive. Penny Holland* had found her dream home and made an offer, which was accepted. Now all she had to do was get her loan approved and she would be on her
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Why Your Credit Adviser Is Calling You

Wondering why your credit adviser is contacting you six months after you've settled on your property? The simple answer is that a credit adviser is with you for life. You've scored the home of your dreams with the help of your credit adviser and you've just popped the bubbly to celebrate.
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Rules Of Investment

When you’re trying to secure finance for an investment property, it’s important to keep a few simple rules in mind to make sure you get the best deal possible and will be able to afford the repayments, come what may. If you’re thinking about purchasing an investment property, it’s important to
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Buying A Property With Friends

If you’re looking for a creative way to overcome being locked out of the property market by rising prices, buying a house with a group of friends may be a solution. It can also be a minefield though, so here’s how to avoid a blast. While the excitement of banding together
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When Should I Find A Credit Adviser?

Saving for a home? If you haven’t met with a credit adviser yet, it may cost you. Here’s why. When saving a deposit to buy a home, many people have a goal amount in mind that they need to save before they meet with a credit adviser who will help them
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How To Buy A Home When You’re Self-Employed

Self-employed borrowers come up against the challenge of not being able to simply present payslips and tax returns to back up their loan applications. But this need not stop you buying your dream home. Many lenders offer loans for self-employed borrowers who can’t hand over payslips and employment records. This means
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Six Ways To Fund A Renovation

Any renovation project, large or small, can be all-consuming in terms of your energy and money. Here are six loan types that can help you with the latter. Considering transforming your home from ‘blah’ to ‘brilliant’, but lacking the funds to support your major makeover? Never fear, we’ve rounded up a
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Reserve Bank of Australia leaves cash rate on hold

The official cash rate was left at a record-low 2.5 per cent for the 11th consecutive month, as most experts had forecast. At its July board meeting the RBA again stated that the most likely course of action over the coming months would be a period of stable interest rates sighting how the Australian economy
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Have you got equity in your home?

Peninsula Home Loans will be able to review your current home mortgage and help you find the funds to complete your projects based on the value of your home. Assessing your finance position now could help you to: • Increase cash flow / rental returns • Access lower interest rates • Repackage your finance for maximum
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Are you ready to buy?

Buying a home is an exciting process but you do need to be prepared. Arranging your finances first helps you set your own limit and better positions you for a successful negotiation. Peninsula Home Loans can help you: • Find out how much you can borrow • Apply for a home loan pre-approval • Arrange finance
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