October 20 2020 0Comment

Understanding Which Home Loan Features Are Right For You

Buying a home is probably one of life’s most important milestones, so getting the right home loan tailored to your specific needs and circumstances is essential. When it comes to home loans, there are many factors to consider besides interest rates. Choosing the right home loan could not only provide flexibility as your financial situation […]

July 18 2019 0Comment

Online Home Loan Application now Available

  APPLY NOW Select Mortgages take a personalised approach to assessing your borrowing capacity. Other home loan calculators often overstate your true borrowing potential. You put in the numbers and magically, you can borrow $750,000 only to later discover, after making further inquiries, that you can only borrow $600,000. Lucky you didn’t put an offer […]

June 17 2019 0Comment

Fixed, variable, split – find the right fit for you

In Australia, there are a number of ways to structure your home loan repayments. Finding the best option may save you time and money on your mortgage. Here is some information to help you choose the repayment structure that works best for you. Variable rate loans Variable interest rate loans are all about flexibility. Essentially, […]

June 17 2019 0Comment

Smart tips for paying off your home loan sooner

Wondering how to pay off your home loan sooner? We look at some things you could do. Australian home loan interest rates remain at historic lows, and the opportunities for paying off a mortgage early are better than ever. Used in conjunction with low rates, here are some extra steps that can speed up loan […]

What you can borrow or what you should borrow

The amount you can borrow and the amount you should borrow are sometimes two very different things. Before you apply for a home loan, it makes sense to realistically assess your financial situation. Here’s how to do it. Understand your borrowing capacity Generally speaking, your borrowing capacity – what you can borrow – depends on […]