The End of No Doc Home Loans: Why Low Doc is the New Alternative

multiple documents being signed

In the world of property investment and homeownership, navigating the complex landscape of mortgages and home loans can be challenging. In this guide, we will delve into the concept of no-doc home loans and their evolution into low-doc home loans, providing a comprehensive understanding of how these mortgage options can benefit certain types of borrowers, […]

Roadmap to Financial Assistance: Who Will Give Me a Loan When No One Else Will?

who will give me a loan when no one else

The journey to secure a loan can be challenging for individuals with poor credit, leading many to ask, “Who will give me a loan when no one else will?”  When you have bad credit, getting approved for a loan may seem impossible, with traditional lenders hesitant to take on the perceived risk. However, there are […]

A Guide to Australia’s Home Guarantee Schemes

Explore Australia's home guarantee schemes and how they can help you become a homeowner sooner. Expert insights from The Mortgage Agency

Homeownership. It’s the dream many of us share—that little piece of Australia to call our own.  Yet, let’s face it, the journey there can be as daunting as it is exciting. Amidst a high cost of living and soaring housing prices, the goalposts move when we’re about to kick the ball. You might even stumble […]

3 Tips for Saving for a Home Loan Deposit

3 Tips for Saving for a Home Loan Deposit

As the property market in Australia reaches unprecedented heights, many aspiring homeowners find themselves disheartened and, at times, overwhelmed by the prospect of accumulating a sizable deposit.  The ever-increasing prices, coupled with the fierce competition, can make even the most determined property buyers question their ability to succeed in this market.  Unfortunately, this daunting scenario […]

What Does the RBA Cash Rate Mean for Your Home Loan?

Non-Bank Lenders

It’s crucial to understand the relationship between the changing RBA cash rate and your home loan for effective mortgage management and making informed financial decisions.  However, many homeowners may be unsure about the impact of cash rates on their home loans and their own interest rates, particularly with the rates changing every month as they […]

Guarantor Loan: How to Get One, Who Might Need One, and What a Guarantor Is

Saving a substantial deposit for a home loan can take years, and for those with limited income, it might seem like an impossible task. Fortunately, there are other options that can help get people into their own homes when in a difficult financial situation, such as through a guarantor loan.  If they don’t meet the income […]

Does My Borrowing Power Impact My Ability to Refinance?

There are so many reasons you might consider refinancing your home. Whether you’re looking to take advantage of a lower interest rate, access the equity in your home, or consolidate your debts, refinancing can be a fantastic choice. If you’re thinking of refinancing your home loan, one of the key factors to consider is your […]

What Are the Best Methods for Interest Rate Comparison?

When shopping for a home loan, there are many essential comparisons to make, such as location, property, lenders, and – maybe the most crucial – interest rate comparison.  Trying to compare home loans and interest rates without using any tools or methods can make it difficult to keep track of everything. Luckily, there are many […]

Can You Salary Sacrifice Your Mortgage?

Navigating the last few years of a volatile economic period has been a challenge for many Australians, leaving them now looking for new ways to save money.  One strategy to help you save on taxes is to salary sacrifice some of your pre-tax income.  A salary sacrifice arrangement allows you to redirect a portion of […]

My Fixed-Rate Home Loan Is Set To Expire Soon and Cash Rates Are Up—What Now?

home loan

Did you know there are over 500,000 fixed-rate mortgages in Australia scheduled to expire towards the end of 2023? Because the cash rate was exponentially lower at the time of locking in the interest rate, these fixed-rate borrowers are now facing doubling of mortgage rates (if not more) once the loan is reverted back into […]