Finance Studio News
Read our latest news articles on all things finance and home.
How to buy without a 20% deposit
When you consider that a small flat in Sydney could set you back half a million dollars at the moment, saving a 20% deposit to buy that flat – $100,000 – can seem an insurmountable task. That’s where insurance can help.
Lenders mortgage insurance (LMI) may be an added expense, but it offers buyers the opportunity to dive into the property Read More
Maximising the amount a lender will hand over to you isn’t about trying to take on unmanageable levels of debt. It’s a matter of taking a few simple but smart steps that could mean the difference between toiling in that ‘fixer-upper’ or owning your dream home.
1. Shop around for lenders
Different lenders define income in so many different ways that it pay Read More
A Credit Report is created when you first apply for any form of Credit in Australia, you must be a minimum age of 18 years old before applying for credit. Each person has or should have only one Credit Report dedicated to them and is identified via important information such as your Date of Birth, Drivers Licence, Residency Details, and Employment Information. Information in your Credit Repor Read More
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