The lowdown on Lenders Mortgage Insurance

Noah Cohen Uncategorized Leave a Comment

First of all, what is Lenders Mortgage Insurance (LMI)? LMI is insurance the bank will generally require you to purchase if you need to borrow more than 80% of the value of the property you provide as security. So now that I have LMI, that means the bank can only take the property I provided as security, right? Wrong! If you …

Are you fixin’ to fix?

Noah Cohen Uncategorized Leave a Comment

With interest rates at a historic low, I’ve been asked a lot about whether to lock in home loan repayments at fixed rates, or wait and see if there are more rate cuts on the horizon. Unfortunately there’s no right answer, and ultimately it’s up to you. With that said, it’s important to understand the pros and cons of each …

Why bother? Is it worth the effort to refinance my home loan?

Noah Cohen Uncategorized Leave a Comment

Recent articles in the media such as this  have referred to the so-called “loyalty tax” or “lazy tax”: the price consumers pay for not comparing their options when taking out car insurance, home insurance, credit cards etc. This has me thinking – how much is enough to justify moving from one lender to another to refinance a home loan. Obviously the answer …

How much are breakfasts costing homeowners?

Noah Cohen Uncategorized Leave a Comment

Bernard Salt’s article in the Australian suggesting that young people should skip their smashed avocado breakfasts and use the money they save for a deposit on a house got me thinking – what about the people that already own their home (young or otherwise)? The deposit is only a small piece of the puzzle – usually about 20% or less of …

Welcome!

Noah Cohen Uncategorized Leave a Comment

Whether you are looking to buy your dream home or expanding your investment portfolio, I can help buy finding the right loan to suit your unique situation.