Mortgage Broker Byron Bay

Buy Now Pay Later - the hidden dangers

Buy Now Pay Later - the hidden dangers

Buy Now Pay Later - the hidden danger potentially stopping you from owning your own home.

The Buy Now Pay Later sector is winning-over the youth demographic with the promise of instant gratification, but leading mortgage brokers are warning that with every sugar-high comes the risk of a corresponding low.

How to Avoid Paying LMI

How to Avoid Paying LMI

Lenders Mortgage Insurance (LMI) is required in many instances when a loan is worth more than 80% of a property’s purchase price, as well as in some other circumstances. In very basic terms, when a lender considers a loan to carry a high risk, LMI is likely payable. Here’s how you can avoid paying the costly premium.