Blog

Carol was recently asked to contribute to an article in the Austrlian Broker Magazine. DIVERSE PEOPLE, DIVERSE THINKING Promoting and supporting gender diversity and equality in mortgage broking has long been one of FAST’s core principals, explains CEO Brendan Wright, because it brings in fresh perspectives and...

Ever wondered why mortgage brokers have to ask you so many questions about your financial circumstances? It’s to ensure that fraudulent applications don’t slip through the cracks and that your loan suits your needs now and your plans for the future. Brokers can face claims against...

The mortgage industry is a wide, wondrous world with a language all of its own. One of the many acronyms bandied about is ‘LVR’, which stands for ‘loan-to-valuation ratio’. Here’s what it means. When you are working out what amount you can borrow to purchase a...

It’s easy to get carried away with the fun part of buying a property – looking at houses – but delaying the less compelling task of arranging finance will weaken your negotiating position on both the property and the loan. Looking for a property to purchase...

Step 1: Speak to CPI When considering an investment property, your first port of call should be your finance broker.  An experience Mortgage Broker can help you achieve your investment property goals.  We will review your assets and liabilities to determine how much you can borrow,...

Stamp duty is a charge which is applied by state governments in Australia on transactions relating to the transfer of land or property. It is paid upfront and needs to be budgeted for in addition to your loan deposit.   The amount of stamp duty you are...

For some years, self-managed super fund members have been able to invest in residential property, as long as they follow strict guidelines.   The first step is to have a discussion with an expert to determine whether investing through an SMSF is the most appropriate approach to...

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...

For those getting ready to stride into the world of home ownership, the uncertainties of pre-approval can cast a shadow of doubt over an otherwise exciting time. When is it necessary? How long does it last? And what does it involve, exactly? Pre-approval is a lender’s...

Circumstances can change, leaving your home loan less suitable than it was originally. A home loan health check can reveal if you’re paying too much.   What’s involved? Your finance broker can do a full home loan health check for you either in person or over the phone....