If you’re buying a home with less than a 20% deposit, there’s a good chance your lender will ask you to pay Lenders Mortgage Insurance.

“What is Lenders Mortgage Insurance and do I really have to pay it?”

It’s one of the most common questions first home buyers ask, and understandably so. LMI can add thousands of dollars to your home purchase costs. Here’s what it is, how it works, and when you might be able to avoid it.

Fixed or variable? It’s one of the biggest home loan decisions you’ll make. Find out how each works, what suits your situation, and how to choose with confidence.

One of the questions many homeowners eventually ask is:

“Should I refinance my home loan?”

Refinancing can be a smart financial move, but it depends on your situation. The right time to refinance is different for everyone, and there are cases where switching lenders makes a real difference — and cases where the numbers simply don’t add up.

One of the most common questions buyers ask when planning to purchase property is:

“How much can I borrow on my salary?”

While every lender calculates borrowing capacity slightly differently, your income is one of the biggest factors in determining how much a bank may be willing to lend.

Before most buyers start seriously looking for property, they often hear the term “home loan pre-approval.”

Pre-approval is an early assessment by a lender that estimates how much you may be able to borrow. It helps buyers understand their price range before making an offer on a property.

Buying your first home in Australia can feel complicated. Between deposits, borrowing capacity, government grants, and lender rules, many buyers aren’t sure what help is actually available.

Moving to Australia is a huge step, and for many migrants, buying property is one of the biggest financial goals after settling in.

The process, however, can be very different from what you may have experienced overseas.

Australia has strict lending regulations, a unique credit system, and specific rules depending on your visa status and residency. Understanding these early can save you a lot of time, stress, and unexpected surprises.

When you apply for a home loan, lenders will usually ask for your recent bank statements. Many buyers assume lenders are only checking their income, but banks actually review bank statements carefully to understand your financial behaviour.

Many buyers focus on saving a deposit, but the deposit is not the only cost involved in purchasing a property. There are several additional expenses buyers should plan for when budgeting for a home purchase.

One of the first questions buyers ask when thinking about purchasing a property is: “How much can I borrow?”

Borrowing capacity determines the price range you can realistically consider when buying a home. While income plays an important role, lenders look at several factors when assessing how much they are willing to lend.

Many buyers are surprised when they discover their borrowing capacity is lower than they expected.

Even with a strong income, lenders assess several factors when determining how much they are willing to lend.

Buying property at auction can be exciting, but it also comes with risks if you don't fully understand how the process works. Unlike private treaty purchases, auctions are legally binding immediately, which means buyers need to be well prepared before they bid.

Getting married is an exciting milestone, and for many couples it’s also the time they start thinking about buying their first home together.

One of the most common questions buyers ask is how much deposit they actually need to purchase a property.

While many people believe you must have a 20% deposit, the reality is that buyers can often purchase with much less. The amount required depends on the lender, your financial situation, and whether you qualify for any government support schemes.

Many home loan products offer features designed to help borrowers reduce the amount of interest they pay over time.

Two of the most common features are offset accounts and redraw facilities. While they can appear similar, they work in different ways and understanding the difference can help you choose the right loan structure.