Tag: bank features

What Does LVR Stand For In a Home Loan?
Business, Lender features, Loan, Mortgage | February 12, 2015
What Does LVR Stand For In a Home Loan?

LVR stands for Loan to Value Ratio. It is the percentage of money that you intend to borrow compared to the overall value of the property. To work out the LVR, divide the amount you are borrowing into the value of the property e.g. It can be calculated using the simple formula: (Property Value – Deposit)/Property Value x 100% The…

How To Get Your Small Business Out Of Debt
Business, Lender features, Loan, Mortgage | January 17, 2015
How To Get Your Small Business Out Of Debt

Does your SME have an outstanding business debt or ATO tax debt? We can refinance business debt up to 80% LVR (loan to value ratio) at residential home loan rates. Cash out for working capital is acceptable up to 80% LVR at residential rates. You can also purchase a business/commercial building with a residential dwelling as a security at up…

Should I Use a Mortgage Broker or a Direct Lender
Lender features, Loan, Mortgage | January 15, 2015
Should I Use a Mortgage Broker or a Direct Lender

The Australian finance industry is one of the most sophisticated, innovated and regulated in the world. It is one of the safest since ASIC (Australian Securities and Investment Commission) introduced new uniform consumer credit laws know as NCCP to protect and inform consumers. Mortgage brokers will get paid a percentage of the total loan amount (from the bank or lender)…

Solar Panel Finance Options May Be Available
Asset Equipment Finance, Business, Lender features, Loan, Mortgage, Technology | August 8, 2014
Solar Panel Finance Options May Be Available

Could solar panel finance options help my business perform better? Australia’s and the world’s energy landscapes are evolving. As the price of power is continuing to rise, smarter businesses are looking at alternative strategies to lower their energy usage and cost. A great solution is in the investment of renewable and green energy sources that can generate significant savings and…

The difference between an offset account and a redraw facility
Lender features, Mortgage | August 5, 2014
The difference between an offset account and a redraw facility

Understanding the difference between Redraw vs Offset accounts in Property Investment The arena of property investment is filled with intricate mechanisms, two of which are redraws and offsets. These financial tools, related to mortgage loans, can often be a source of confusion. To shed light on this topic, we delve into the essentials of these mechanisms and their potential impacts…