21
Jan
Top 10 tips to paying off your mortgage real fast
Here are top 10 ways to pay off your home loan real quick Your home loan is probably the biggest investment you will make in your life...
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17JanRead MoreMortgage Broker Market share reaches all time high
Borrowers are increasingly opting to secure finance through the broker channel, with new statistics reporting a sharp rise in broker market share. According to the...
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10JanRead MoreWhen will interest rates rise – What should you expect?
As lending conditions become tighter by the day and the housing slump continues to rear its ugly head, market experts and economists alike have published their estimates for the...
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03JanRead MoreHow to Pay Off your Credit Card Debt after Christmas
Spent way too much this Christmas??? As the festive season draws to an end, many Australians will find themselves feeling stressed and defeated as they fall into financial debt...
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02JanRead MoreThe Australian housing market has reached its weakest point since 2008
Dwelling values shrunk by 4.8 per cent in 2018 when compared to the previous calendar year, marking the weakest housing market conditions since the global financial crisis, according to...
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17DecRead MoreIs it possible to pay off your mortgage in 5 years?
We recently received a call from one of our clients that paid off their home loan in 5 years. We had to find out how, so sat down with...
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12DecRead MoreAvoid these 7 mistakes when making an offer on a house
7 mistakes you need to avoid When making an offer on a house, you have a better chance of success if you do these things: 1. Know what you...
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12DecRead MoreYour mobile phone plan will affect how much you can borrow?
What you should know about mobile phone plans These days we all seem to be glued to our mobile phones. It’s the first thing we check in the morning...
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12DecRead More
What is Rent to Buy?
Could a Rent to Buy scheme help you get into your own home? The question of ‘Is it better to rent or buy?’ is a common one but what...
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09DecRead MoreProperty Market Predictions 2019 – 2021
Where will our property markets be in 3 years? That’s a question people are asking now that our real estate markets have moved to the next stage of the...
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02AugRead MoreHOW TO CALCULATE YOUR BORROWING POWER
One of the most important factors in your home ownership journey is the amount of money you can – or should borrow. You want to borrow enough that you...
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25JulRead MoreHOW TO ENSURE YOUR RENOVATION WILL INCREASE YOUR HOUSE VALUE
There are two main benefits to renovating your property – firstly, you can make it more comfortable and compatible for your lifestyle; and secondly, you can increase the value...
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25JulRead MoreBROKER V BANK – TIP 5
Choice – Probably the most important The biggest advantage of a broker over a bank is simply choice. When you sit in front of a broker you are really...
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17JulRead MoreBROKER V BANK – TIP 4
Mortgage Brokers are pretty much available 24/7 Unlike your bank, Good brokers are available weekends, nights, late nights and have been known to help clients on public holidays. You...
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17JulRead MoreBROKER V BANK – TIP 3
Get the loan amount you want Every lender has different ways to calculate how much you can borrow. Different living expenses, different loan assessment rates, different ways they treat...
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17JulRead MoreBROKER V BANK – TIP 2
Why use a broker over a bank – it’s a FREE service! People often think that with all a broker does, there must be a fee involved? But there...
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17JulRead MoreBROKER V BANK – TIP 1
Make lenders compete for your loan Even if you have never used a broker, loans today are cheaper because of brokers. Smaller lenders don’t have the big budgets of...
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17JulRead More
FAMILY PLEDGE HOME LOANS
Borrow 105%+ with a family pledge loan Family pledge loans are now the only way to borrow 100% of the purchase price as traditional no deposit home loans have...
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04JulRead MoreHOW SWEEPING CHANGES TO THE FINANCE INDUSTRY WILL AFFECT YOU?
You have probably noticed in recent months that financial institutions have started to increase interest rates independently of the Reserve Bank’s decision to keep the cash rate on hold....
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30JunRead MoreTEN QUESTIONS TO ASK A MORTGAGE BROKER
Using a mortgage broker to help you choose a home loan can save you considerable time and could result in huge savings. However, before you decide on a broker,...
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12JunRead MoreWILL INTEREST ONLY LOANS BECOME A DINOSAUR OF THE FINANCE WORLD?
Many of the banks in Australia have tightened up their requirements for home buyers keen on an interest-only loan. Interest only loans are being stopped for Owner Occupier loans...
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09MayRead MoreTHE BANK OF MUM AND DAD
The Federal Budget is looming AND there are rumoured initiatives to help first home buyers (FHBs) into the property market. So if you – or your children – are...
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15MarRead MoreSHOULD YOU PURCHASE RESIDENTIAL PROPERTY THROUGH A SMSF?
Let’s face it, buying a house is an exciting achievement. Many Aussies dream of growing their wealth through property investment. And given Australia’s real estate market grown and grown...
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21DecRead More
OVER 60% OF CLIENTS ARE FIXING THEIR HOME LOANS
Since the Trump election win we have found that 63% of clients are choosing to fix their home loan. This has increased further over the last 2 weeks as...
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09DecRead More
THE PATH TO SUCCESSFUL PROPERTY INVESTMENT
Property has been considered a popular path to wealth for Australians for many years. It has the potential to generate capital growth (an increase in the value of your...
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06DecRead More
IS THERE LIFE AFTER CHILDCARE FEES?
When we live in a busy and expensive world we are often so focused on the money going OUT of our pockets that we sometimes don’t notice what’s coming...
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05DecRead More
BANKS INCREASING FIXED RATES
The Commonwealth Bank of Australia is lifting rates on fixed term owner occupied and investment loans by up to 65 basis points, reports Boss Money. The rate hike comes...
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24NovRead More
REAL ESTATE CHEAT SHEET
If buying or selling for the first time, you might be bamboozled by all the real estate jargon bandied about. Here is our A-Z guide to what it all...
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12OctRead More
MORTGAGE CONSULTANT VS THE BANK
So many of my clients have been going straight to their own bank for years before finally coming to see the Boss. There are countless reasons why it pays...
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12OctRead More
HOW DOES A MORTGAGE CONSULTANT GET PAID?
Our services are free, as we get paid by the lender for doing the work that would otherwise be done by a bank manager and more often than not,...
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12OctRead More
WHY USE A MORTGAGE CONSULTANT?
A Boss Money Mortgage Consultant is a home loan expert. Given that a home loan/mortgage is probably the biggest exopense you will ever have, it pays to get free...
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12OctRead More
WHAT IS A MORTGAGE CONSULTANT?
A Boss Money Mortgage Consultant will evaluate your needs to get a detailed picture of what you need from a home loan. They can calculate your borrowing power so...
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12OctRead More
WHAT ARE GENUINE SAVINGS? GET APPROVED TODAY
Genuine Savings For A Home Loan Deposit Explained Just when you thought that you could get the best home loan deal by simply having a lump sum of cash,...
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05OctRead More
WHAT IS A MORTGAGE OFFSET ACCOUNT?
An offset account is a transaction account that can be linked to your home or investment loan. The credit balance of your transaction account is offset daily against your...
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03OctRead More
WHAT IS AN EQUITY LINE OF CREDIT?
These loans are a great way to access the equity in your home to use for things like home renovations, investments or other personal purchases. Repayments on a line...
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30SepRead More
HOW DO I PAY OFF MY MORTGAGE SOONER?
Pay more, more often. Want to pay off your mortgage early? Then make bigger mortgage repayments, more frequently. You’ll own your own home sooner and save a bundle on...
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21SepRead More
PREVENT A NASTY PROPERTY SURPRISE
HOMEBUYERS and real estate investors are being warned to watch out for the hidden traps that may be lurking in their potential purchases. Leaky showers, cracked ceilings and self-opening...
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21SepRead More
WHAT’S A BETTER STRATEGY TO ACCESS EQUITY: TAKE OUT A LINE OF CREDIT OR JUST TOP UP A LOAN?
Lines of credit can be very useful; however, you need to be careful regarding an evergreen set-up in which no repayments are needed and the interest is added on...
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21SepRead More
PROPERTY TO SPRING INTO ACTION
Welcome to the Spring market! It’s the busiest time of the year for our industry and an exciting time for buyers and sellers, as more properties come onto the...
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16SepRead More
5 IMPORTANT REASONS WHY YOU NEED LIFE INSURANCE
Insurance can be confusing and it’s hard to know what you really need or want. But here are five very good reasons why you need life insurance. As we...
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16SepRead More
6 REASONS YOU SHOULD INVEST IN INCOME PROTECTION INSURANCE
Why You Need Income Protection You can’t underestimate the importance of peace of mind. It’s easy to think your income is going to be a permanent fixture in your...
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14SepRead More
DOCTORS SAVE THOUSANDS IN LOAN FEES
DOCTORS are being treated to discounted home loans, saving them tens of thousands of dollars, because they are a safer bet for banks than the average Aussie. Medicos and...
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14SepRead More
HOW YOUR PROFESSION DICTATES YOUR HOME LOAN DISCOUNT
Some jobs have all the perks – including better deals on home loans. Find out if you can bargain for a better rate… If you’re in the medical profession...
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14SepRead More
WHAT IS A REPAYMENT HOLIDAY?
Exactly that… a period of time where you don’t make any repayments on your home loan. Usually it’s a time when your financial situation changes… for example maternity leave,...
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09SepRead More
UPGRADING YOUR HOME BEFORE SELLING?
Most people have walked through beautiful model homes and wished their own home had all those modern features. Model homes showcase the latest in upgrades and decorating styles. When...
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09SepRead More
5 WAYS TO TELL IF YOU FOUND THE RIGHT HOUSE
You’ve seen a lot of homes lately. You have been out every weekend searching for the right home for you. At this point, you might not be sure it’s...
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09SepRead More
WHAT IS A SPLIT HOME LOAN?
It’s simply dividing your home loan into two or more loans. For example, let’s say you have a $200,000 home loan. You could divide your loan into one portion...
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09SepRead More
WOULD YOU LIKE TO SHAVE 10 YEARS OFF YOUR MORTGAGE? HOW MUCH INTEREST COULD THIS SAVE YOU?
It’s not rocket science, it’s simply a matter of making more repayments more often and making sure you’ve got the best mortgage for your situation. Of the millions of...
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21AugRead More
FIRST HOME BUYER CHEAT SHEET: 10 TIPS TO BUYING YOUR FIRST HOME
So you’re going to take the plunge into real estate ownership. Congratulations! You’ve just made a smart decision in securing your financial future. Let me help you with my...
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08AugRead More
HOW TO COMBAT ATM FEE CHARGES
CONSUMERS who use ATMs not owned by their own banks paid $660 million in mostly unnecessary fees. A large chunk of this money could be kept in people’s pockets...
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02AugRead More
HAVE YOU EVER REFINANCED YOUR HOME LOAN?
A recent survey of Australian mortgage holders found 45% had NEVER refinanced their home (i). The report also found customers who DID refinance saved an average of $240 per...
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02AugRead More
BREAKING NEWS – INTEREST RATE UPDATE
The RBA has cut the official cash rate to 1.5%. This result was widely predicted with many experts tipping the RBA would lower the rate to provide some stimulus...
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13JulRead More
WHAT ARE THE BENEFITS OF DEBT CONSOLIDATION
A debt consolidation loan is often cited as a worthwhile financial solution for individuals that are dealing with a lot of separate debts. What are the benefits that may...
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11JulRead More
WHAT DOES BREXIT MEAN FOR THE AUSTRALIAN PROPERTY MARKET?
On June 24, the UK held a referendum on the nation’s membership of the European Union (EU). If the majority voted to leave, they would do so, effectively ending...
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21JunRead More
WILL YOU BE RENTING FOR THE REST OF YOUR LIFE? PERHAPS NOT
With the ongoing concerns about increasing property prices, home ownership, the cost of living, and small or no wage increase, the question that continues to come up in general...
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14JunRead More
DON’T LET LIFE TRAP YOU. WE CAN HELP YOU GO PLACES YOU’VE ONLY EVER DREAMED OF
Borrow $4,000 to $35,000 today! Finance is usually associated with the purchase of big ticket items like cars and houses. But did you know finance can also be utilized...
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07JunRead More
ARE YOU MAXIMISING PROPERTY TAX DEDUCTIONS?
According to the ATO there are around 1.9 million property investors in Australia and 2.7 million rental investment properties*. Surprisingly, many landlords fail to claim all allowable tax...
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07JunRead More
BREAKING NEWS – INTEREST RATE UPDATE
The end of the financial year is nearly upon us, and the Reserve Bank of Australia has just announced the outcome of its board meeting. The Reserve Bank of...
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13MayRead More
LIFESTYLE NEWS – CHARGING KIDS RENT
The trend for adult children to remain in the family home for longer is putting a strain on their parents. But there are ways to make it work for...
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03MayRead More
BREAKING NEWS – INTEREST RATE UPDATE
Today, as the end of the financial year draws closer, the Reserve Bank of Australia has announced the outcome of its board meeting and it has decreased the cash...
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27AprRead More
WHAT IS NEGATIVE GEARING AND WHY SHOULD I CARE?
UNLESS you’ve been living under a rock these past few weeks, you would have heard a lot of talk about negative gearing and proposed government changes to it. But...
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14AprRead More
BECOMING A FIRST HOME BUYER
Buying your first home is an exciting, but big step to take and one that comes with many questions and decisions. The first big question is how much you...
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14AprRead More
HOME LOANS FOR ENGINEERS
Engineers make it happen. That’s why the banks want to help you make your new home or investment property happen with special discounts for certain engineering professionals. Some of...
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14AprRead More
HOME LOANS FOR DOCTORS
Home loans for doctors were created by the Australian lenders because they favour doctors above all other professions. From a risk perspective doctors are known to be low risk...
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14AprRead More
HOME LOAN DISCOUNTS FOR LAWYERS
Legal professionals are great borrowers and the banks know it! That’s why you may be eligible for special discounts on your home loan or flexible lending criteria when funding...
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12AprRead More
TO BUY OR BUILD? GUIDE FOR FIRST HOME BUYERS
Many buyers struggling to find the right home are going back to the drawing board and building rather than buying an existing home. There are obvious benefits to a...
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06AprRead More
EXPLAINING THE LOAN PROCESS
HOW DOES THE PROCESS WORK? Arrange a pre-approved loan If you haven’t started your property search, or are still looking, a pre-approved loan can be useful. It gives you...
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05AprRead More
INTEREST RATE UPDATE
The Reserve Bank of Australia has again decided to leave the official cash rate at 2.00%. This decision was forecast by most commentators as the Reserve Bank continues to...
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30MarRead More
PROTECTING YOUR LOVED ONES
Protect yourself, your loved ones, your mortgage and other financial debts if the unexpected should occur. Paying off a mortgage is a long term financial commitment If you become...
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29MarRead More
PAYOUT TAX DEBTS
Looking for a lender to help you finance tax debts? If you have a tax debt owing to the Australian Taxation Office, talk to us today. We may be...
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23MarRead More
WHO DOES YOUR MORTGAGE CONSULTANT REALLY WORK FOR?
When arranging financing for the biggest purchase of your life, you’d think a mortgage consultant would hunt down the most appropriate home loan deal possible for their clients. After...
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21MarRead More
MONEY MYTHS BUSTED
Making the most of your money often requires common sense more than a commerce degree. We take a look at five money myths that could be holding you back...
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16MarRead More
6 QUIRKY BUT QUICK TIPS TO PAYING OFF DEBT
1. Leave all income from eBay in your PayPal account until the end of the month then use it solely for paying down the mortgage 2. Any money you...
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16MarRead More
RENTAL GROWTH VS CAPITAL GROWTH
It wasn’t surprising to see a recent Corelogic RP Data report showing rental growth has been slower than capital growth over the past decade. This is among the reasons...
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15MarRead More
THE B WORD – BUDGETING
My Budgeting Strategy Budgeting isn’t exactly my favorite word in the financial dictionary. I typically like to refer to it as “the B-word” because I know how it makes...
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01MarRead More
RESEARCH AND HAVING THE RIGHT PEOPLE TO HELP YOU ARE THE KEYS WHEN INVESTING IN PROPERTY
It definitely pays to do your homework on the property market before you dive in, and we’re thrilled to be on board to help you when it comes to...
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01MarRead More
FINANCE SOLUTIONS TO HELP YOU GROW YOUR BUSINESS
Are you looking to set up your own business? Or perhaps you would like to access equipment finance to help your endeavours grow? Whatever your situation, AFG has a...
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01MarRead More
REVIEWING YOUR FINANCES?
Many people refinance their homes or investment properties to reduce their monthly home loan repayments. What other aspects of your finances can you review to help save money? 1....
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26FebRead More
4 COMMON QUESTIONS ASKED ABOUT A MORTGAGE CONSULTANT
What is a Mortgage Consultant? From our panel of 40+ lenders our Specialist Mortgage Consultants will find the right loan for you. Individual needs require individual finance solutions. Why...
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16FebRead More
50 WAYS TO LIVE HAPPIER, HEALTHIER AND WEALTHIER
1. Stop consuming caffeine Although people think they perform better on caffeine, the truth is, they really don’t. Actually, we’ve become so dependent on caffeine that we use it...
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02JanRead More
WHAT IS LENDERS MORTGAGE INSURANCE (LMI)?
Lenders Mortgage Insurance (LMI) protects the lender in the event that you default on your loan. It is paid as a once-off insurance premium or fee when your loan...
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02JanRead More
WHAT IS CREDIT SCORING?
Whenever you apply for credit—whether it’s a home loan or a mobile phone contract—your application is given a credit score. The score represents your risk of non-payment to the...
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02JanRead More
WHAT ARE GENUINE SAVINGS?
What is considered “Genuine Savings” and why do most banks require it even if you have a good income? In response to the increase in first home buyers applying...
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02JanRead More
TOP AUCTION TECHNIQUES
Buying a home at auction can cut your purchase price dramatically. But many beginners fail to realize how these auctions work. To maximize your chance of success, you need...
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02JanRead More
TOP 3 INVESTMENT PROPERTY TIPS
Investment properties can provide a road to early retirement. Here’s a fairly typical scenario: A married couple begins investing in rental properties in their late 30’s. Each home they...
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02JanRead More
THE LOAN APPLICATION PROCESS
Applying for a home loan typically entails four phases: Initial Conversation This is the first contact you’ll have with your mortgage consultant. We’ll discuss your situation, your needs, objectives...
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02JanRead More
IS IT POSSIBLE TO BUY AN INVESTMENT PROPERTY WITH NO DEPOSIT?
No-Deposit Investment Loans Yes, but it isn’t as easy as it used to be. A family pledge loan is usually the best way. • You don’t need a deposit....
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02JanRead More
FREE PROPERTY VALUATIONS
Upfront Property Valuation Report A valuation report is an assessment of the property to determine its value. The report helps you negotiate the right price and helps the bank...
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02JanRead More
5 BASIC TIPS FOR FIRST HOME BUYERS
Buying your first home can be exciting, but it can also be stressful and overwhelming. These five tips will help build your knowledge and confidence. 1. Do The Groundwork...