The First Home Loan Deposit Scheme is an Australian Government initiative to support eligible first home buyers to purchase their first home sooner. First-Home-Buyer-Deposit-scheme-information-guideDownload The Scheme aims to support first home buyers through a limited Government guarantee to eligible customers who have a minimum 5% deposit, without Lenders Mortgage Insurance (LMI). The guarantee...
Can I have both fixed and variable rates on my home loan? Yes, you can split your home loan to have both variable and fixed interest rate payments. Please call or email our friendly team at Finance Circle Group (info@financecirclegroup.com.au) to discuss your options to meet your requirements and objectives. Do...
Interest rates are at historic lows, and with talk of a further cuts, we are hearing from many who are now thinking of either finally getting a foot on the property ladder, or investing in another property. But this thought is always followed by: how much can I borrow? Depending on...
Is your credit rating a little lower than you’d like? Getting rejected for credit card, personal loan, home loan or even a car loan can be disheartening, so here are some tips for improving your credit rating. Finance Circle Group is based in Melbourne and we assist our clients to...
A big THANK YOU to all our clients and business partners for making 2019 a very successful year Wishing all our clients, friends and all their families a Merry Christmas and a prosperous and healthy 2020. ...
Between understanding your finances and knowing when, where and what to buy, the whole experience can be daunting. If you’re feeling overwhelmed- stop right there! We’ve compiled tips to ensure that your investment property brings you the rewards you’re looking for. Calculate your costs Buying an investment property is a major...
TODAY’S MORTGAGE MARKET IS VERY COMPETITIVE, SO IF YOU’VE PUT YOUR MORTGAGE ON ‘AUTO-PILOT’ YOU COULD BE PAYING MORE INTEREST THAN YOU SHOULD BE. If you’re looking to save money and pay off your home loan sooner then it makes good financial sense to review your home loan to...
Interest-only mortgages More expensive in the long run An interest-only home loan is a type of loan where your repayments only cover the interest on the amount you have borrowed, during the interest-only period. There is no reduction in the principal. This type of home or business loan will have lower repayments in the...
Choosing a mortgage one of the biggest commitments you can make, but even the biggest commitment may need a change. Can refinancing save you money? We recently saved a customer whopping $15,000.00 by simply refinancing their home loan. You have a choice. We prove...
Between understanding your finances and knowing when, where and what to buy, the whole experience can be daunting. If you’re feeling overwhelmed- stop right there! We’ve compiled some of the best tips to ensure that your investment property brings you the rewards you’re looking for. Calculate your costs Buying an investment property...