What is a Construction Loan? A Quick-Reference Guide

2019-09-24T22:06:50+10:00September 24th, 2019|Home Loans, Real Estate, Tips & Tricks|

Building your home is an exciting, but daunting process. There are a number of benefits to building your own home, but knowing where to start is the essential first step. A construction loan can be used to build a brand new home, or complete substantial renovations to an existing property. There's more than just the cost of the new build to consider - including all of the associated costs with building a new home.

How to Avoid Over-Capitalising on Home Renovations

2019-08-23T15:02:05+10:00August 23rd, 2019|Home Loans, Tips & Tricks|

What is ‘over-capitalising’ and how do I stop it from happening? Many people make the mistake of over-capitalising when it comes to home renovations. Put simply, over-capitalising is when the cost of renovations outweighs how much value it will add to a property. Here's some tips & tricks to help make sure you are spending your money on renovations wisely.

Qualify For A New Loan From The Comfort of Your Home – Racehome Is Here

2022-02-17T14:54:45+10:00August 1st, 2019|Home Loans, Tips & Tricks|

Racehome is here: Your new online loan application portal is now live, with the latest technology and integration bringing the loan application to you. From the comfort of your own home, with just your smart phone or laptop, you can now qualify for a new loan and connect directly with our experienced finance specialists and mortgage brokers to start your loan application today - on your own terms.

Competition in the Fixed Rate Market is Heating Up

2019-08-23T13:42:09+10:00April 5th, 2019|Home Loans|

Competition in the Fixed Rate market is heating up – with one second-tier bank offering an eye-catching 3.39% pa. 2 Year Fixed rate – the lowest headline rate I have seen offered from a Full Service bank (ie, not an online only lender) without a laundry list of restrictions and qualifications. The comparison rate on this product is 3.94% – which reflects the higher base rate underlying the Fixed Product which will be payable after the Fixed Rate period for the remaining life of the loan.