mortgage broking

Whether it’s your first, third or tenth, we believe every home purchase should be simple, straightforward and totally pain-free. With a financial strategy that’s based on your unique situation, you can turn your next property into a wealth generating machine.  

Equity

Equity. It’s the key to using your current investments to grow your portfolio. But before you can really dive in, it’s important that you understand the basics. 

Let’s take it back to the start. We like to think of equity as the true value of your home. It’s the difference between its current value and how much you owe on it. If we multiply this value by four, we can work out the cost of the property. 

It’s not just about having the finances though, it’s also about showing your lender that you can afford to pay it back. That’s why most lenders will discount the potential rental income to allow for potential vacancies and other costs. And then there is lenders mortgage insurance to consider. 

Invest smarter by investing safer

The truth is life just doesn’t always go to plan. You can research every little detail, and things might just not work out. That’s why we always recommend that our clients play it safe. Having back up funds and not using every last cent of your usable equity are some important steps to keep yourself protected.