MATRIX FINANCE

Being organised will help your loan application progress quickly. Prepare the following documents: Identification:   Driver’s licence and...

Lenders assess your borrowing capacity based on several factors: Income:   Salary, bonuses, rental income and other sources. Living...

The property market tends to follow seasonal patterns. CommBank suggests that spring often sees more properties for sale and competition...

Unexpected events such as job loss, illness or rising interest rates can make mortgage repayments difficult. If you’re struggling:...

Once you’ve built equity in your home (through repayments and capital growth), you can use that equity to finance another purchase....

If you’re deciding whether to build  or buy  an existing property, there are financing nuances: Construction loans:   When building, the...

When comparing loans, it’s easy to focus on the interest rate and overlook fees. Here are some common charges: Application fee:   An...

In addition to federal schemes, each state and territory offers its own incentives: First Home Owner Grant (FHOG):   A one‑off payment...

Beyond basic loans, lenders offer optional features. Here are some common ones: Line of credit:   Provides a credit limit secured against...

Changing how often you make repayments can have a surprising impact on your loan. If you pay fortnightly , you make 26 half‑monthly...

Most Australian home loans require principal‑and‑interest  repayments: you gradually repay the amount you borrowed and pay interest on...

Refinancing means replacing your existing mortgage with a new one, either with your current lender or a different lender. You might...

If a 20 % deposit seems impossible, a family member may be able to act as a guarantor . In a guarantor loan, the guarantor uses their...

If you’ve found your dream home but haven’t yet sold your current property, a bridging loan  can fill the financing gap. According to...

If you’re buying a property to rent out, you’ll need an investment loan . These loans differ from owner‑occupier loans in several ways:...

Your credit score influences whether lenders will approve your loan and what interest rate they’ll offer. Moneysmart explains that your...

Pre‑approval (also called conditional approval) gives you an idea of how much you can borrow before you start house‑hunting. Here’s how...

Saving a deposit through ordinary bank accounts can be slow. The First Home Super Saver Scheme  lets first‑home buyers make voluntary...

Housing affordability varies widely across Australia, and regional areas often offer cheaper entry points. The Regional First Home Buyer...

The Federal Government’s Home Guarantee Scheme  helps eligible Australians get into the property market sooner by reducing the deposit...