by Greg North | May 25, 2022 | Financial Terms, Types of Property Finance
Bank of Mum and Dad Explained The ‘Parent bank’ is a fun term to describe a genuine and increasingly used source of funds to help the next generation to purchase a property, usually their own home. Parents often have considerable asset value in their own...
by Greg North | May 25, 2022 | Financial Terms
Mortgage Cliffs Explained A mortgage cliff is when a borrower or mortgagee is heading to the end of a fixed interest lending period and moving into repaying their loan with a much higher variable interest rate. When the difference in interest rate is significant, it...
by Greg North | May 25, 2022 | Types of Financial Services
How to Navigate Lending Options When You are Self employed Working for yourself instead of a company or business is not always easy. Self-employed people may have irregular incomes and find it difficult to make time to organise their paperwork. The banks’ strict...
by Greg North | May 25, 2022 | Types of Property Finance
Self-Managed Super Fund (SMSF) Loans Explained Did you know that you can take control of your retirement by using your Australian superannuation asssets to borrow money and invest in a property of your choice? Our expert team of finance, planning and accounting...
by Greg North | May 25, 2022 | Types of Property Finance
Non-Conforming Loans Explained These loans help those clients who have had issues with finances, mainly due to unexpected changes in circumstances, eg temporary unemployment or short term inability to pay debts. OZloans can identify the lenders who can match your...
