EE Mortgages Refinance Broker Shaun Bettman #1 Mortgage Broker Eden Emerald Mortgages is the #1 mortgage broker in Sydney, as rated by Canberra Times. Our team specialises in refinancing home loans in Australia and our expertise is second to none. Lowest rates guaranteed FREE service for you (we are paid a commission by the lender) […]| Eden Emerald Mortgages
Thinking about refinancing? Discover the key reasons Australians refinance, from lowering interest rates to accessing equity and consolidating debt.| Eden Emerald Mortgages
Making extra repayments on your mortgage can be a powerful strategy to reduce the total interest paid and shorten the term of your loan, potentially saving you thousands of dollars. But just how impactful can these additional payments be? With our Extra Repayment Calculator, you can find a clear answer. Simply input your loan details […]| Eden Emerald Mortgages
Stamp duty is usually payable on property transfers, even between family members or when gifting property.Exemptions apply in specific situations such as between spouses, in divorce settlements, or transfers from deceased estates.Each state in Australia has different rules, so eligibility depends on your location, relationship, and property type.Professional advice is essential - incorrect transfers can […] The post Can You Transfer Property Without Paying Stamp Duty? appeared first on Eden...| Eden Emerald Mortgages
Want to pay off your mortgage in 10 years? Learn practical strategies to reduce your loan term and build financial freedom faster.| Eden Emerald Mortgages
When it comes to comparing two home loans, it's not as simple as looking at the interest rates on offer, as there are other details such as upfront and annual fees, or introductory interest rates that will affect how much you pay over the life of the loan. Our home loan comparison calculator, simplifies this process […]| Eden Emerald Mortgages
With the changes to the 5% Deposit Scheme, first home buyers are able to buy a home with only 5% deposit and no LMI, regardless of your income.The Government acts as a guarantor for your home, so you don't need to pay the LMI.You can save tens of thousands of dollars by avoiding LMI.There are […] The post 5% Deposit Scheme Home Loans appeared first on Eden Emerald Mortgages.| Eden Emerald Mortgages
Most Australian lenders require two recent payslips showing your income, employer details, and year-to-date earnings.If your income varies (bonuses, overtime) or you’re casually employed, you may need more payslips or extra documents.Self-employed applicants can’t use payslips, you’ll need tax returns, ATO assessments, and possibly BAS statements instead.Payslips must be clear, recent, and supported by bank […] The post How Many Payslips Do You Need for a Home Loan? appeared first on ...| Eden Emerald Mortgages
A redraw facility allows you to access extra repayments you've made on your mortgage, offering flexible access to surplus funds.You can usually redraw via your bank's app or online portal, transferring funds directly to your everyday account.Redraw is different from an offset account: it’s less flexible but may encourage better saving habits.Be aware of redraw […] The post How to Redraw on a Home Loan? appeared first on Eden Emerald Mortgages.| Eden Emerald Mortgages
Yes, you can refinance your home loan with the same bank through internal refinancing, which involves switching to a new product.Staying with your bank can be convenient, and some lenders may offer retention deals to keep your business.However, existing customers don’t always get the best rates, so it’s important to compare other lenders and negotiate.Speak […] The post Can I Refinance My Home Loan with the Same Bank? appeared first on Eden Emerald Mortgages.| Eden Emerald Mortgages
Home loan approval in Australia typically takes 1–5 days for pre-approval and up to 2–3 weeks for full formal approval.The process includes application submission, conditional approval, property valuation, and final lender checks.Delays can be caused by missing documents, complex financial situations, or lender backlogs.You can speed things up by preparing documents early, working with a […] The post How Long Does Home Loan Approval Take? appeared first on Eden Emerald Mortgages.| Eden Emerald Mortgages
Refinancing replaces your current home loan with a new one, often to secure a better interest rate, access equity, or change loan features.Ideal times to refinance include when your rate is no longer competitive, your fixed-rate term ends, your financial position improves, or your LVR drops below 80%.Refinancing may not be worth it if you're […] The post When to Refinance a Home Loan? appeared first on Eden Emerald Mortgages.| Eden Emerald Mortgages
Learn what a comparison rate for a home loan is, how it’s calculated, and why it’s essential for comparing true loan costs.| Eden Emerald Mortgages
Lenders Mortgage Insurance (LMI) is expensive, but there are several ways to avoid paying it.Saving a 20% deposit or using a guarantor loan are two common strategies to bypass LMI.If you are a first-home buyer, you may qualify for government schemes like the First Home Guarantee.Certain professionals (like doctors, lawyers and teachers) are eligible for […]| Eden Emerald Mortgages
Mortgage Broker for First Home Buyers Mortgage Broker for First Home Buyers Shaun Bettman #1 Mortgage Broker Eden Emerald Mortgages is the #1 mortgage broker in Sydney, as rated by Canberra Times. Our team specialises in home loans for First Home Buyers and our expertise is second to none. Lowest rates guaranteed FREE service for […]| Eden Emerald Mortgages
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A good credit score (usually 600 or higher) is necessary for securing a home loan in Australia.However, each lender will have their own thresholds of what credit score they accept.While credit scores are a key factor, other aspects like income, savings, and employment history also play a role.With a lower credit score, options such as […]| Eden Emerald Mortgages
A guarantor home loan allows first-home buyers in Australia to secure a mortgage with little or no deposit by using a family member's property as security. This helps borrowers avoid Lender's Mortgage Insurance (LMI) and speeds up the process of entering the property market. However, guarantors face financial risks if the borrower defaults, potentially putting […]| Eden Emerald Mortgages
Australians on fixed-term contracts can obtain a mortgage in Australia.There can be challenges due to perceived employment instability.To improve your chances of approval, demonstrate financial stability through a strong credit history, consistent income evidence, and a larger deposit.Speak to a mortgage broker who specialises in fixed-term contracts, and can assist you with securing your mortgage. […]| Eden Emerald Mortgages
Obtaining a mortgage with a new job in Australia can be challenging due to lenders' concerns about employment stability and the probationary period associated with new positions.By presenting a strong financial profile, providing detailed documentation of employment and financial history, and potentially increasing the deposit, Australians can improve their chances of securing mortgage approval.Speak to […]| Eden Emerald Mortgages
Casual employees in Australia can obtain a home loan, though they may face additional challenges due to the perceived instability of their income.To improve their chances, casual workers should maintain detailed financial records, demonstrate a history of consistent employment, and consider saving for a larger deposit.Alternative financing options such as non-conforming loans and specialist lenders […]| Eden Emerald Mortgages
Discover LMI waiver options for nurses in this guide. We cover special benefits, tips to help nurses, and how to secure the best mortgage.| Eden Emerald Mortgages
Find out how long you need to be in a job to get a home loan in Australia and boost your chances of approval.| Eden Emerald Mortgages
With the Australian Government's 'First Home Guarantee', first home buyers are able to access low deposit home loans home with only 5% needed and no LMI.The Government acts as a guarantor for your home, so you don't need to pay the LMI.You can save tens of thousands of dollars by avoiding LMI.Click here to learn […]| Eden Emerald Mortgages
Compare interest rates, fees, pros and cons, and whether Heritage Bank is right for you. Read our personal experience and verified customer reviews.| Eden Emerald Mortgages
The Reserve Bank of Australia (RBA) has officially cut the cash rate by 25 basis points in February, reducing it from 4.35% to 4.10% p.a. Eden Emerald Mortgages will provide rolling updates below on each lender’s announcements regarding the February 2025 rate cut and whether it will be passed on to variable-rate home loans. ANZ interest […]| Eden Emerald Mortgages
Learn which professions in Australia are eligible for LMI waivers. This guide outlines qualifying professions, eligibility criteria, and how to apply.| Eden Emerald Mortgages
Looking to avoid costly Lenders Mortgage Insurance? Discover how to qualify for a no LMI home loan and save thousands on your mortgage.| Eden Emerald Mortgages
Find out which banks offer LMI waivers and how you can qualify. Our detailed guide explains the eligibility requirements and steps to apply.| Eden Emerald Mortgages
