Lots of things can affect someone’s credit history - getting sick, redundancy, divorce, forgetting to redirect bills if you move, or just an accidental slip on timing can mean late or even missed payments. If you have credit issues from these sorts of situations there are things you can do to help your chances of buying a home. Here are five tips to help you get back on top. 1. Get your credit report under control The first thing you should do if you do have credit problems is get a...

When it comes to securing a finance, “no” might not be the final answer when you speak to FinancePath lending consultant. So, why do people get turned down for loans? 1.      Bank’s home loan lending rules can change Having your loan turned down by your bank can be a reflection of their current credit policy, which can change based on shifts in market conditions. This means when you may have had no issues getting a home loan from your bank in bett...

We are indeed in unprecedented times and the impact the Covid-19 Virus is having on each of us is unique and uncertain. Along with your health, we appreciate that managing your finances is one of your main priorities during this time and FinancePath is committed to supporting all our clients that require assistance through this time. Our lenders are also here to assist. They all have financial hardship policies for clients that find themselves in this situation. Financial hardship is defi...

There's nothing quite as exciting as receiving a shiny set of keys to your very own home. The thrill of knowing it's all yours. The freedom to be able to do what you like with it. Nothing compares! If you're an aspiring first home buyer, the new First Home Loan Deposit Scheme may help you reach your homeownership goal sooner. Here's what you need to know. The First Home Loan Deposit Scheme explained On the 1st January 2020, the Australian Government launched the First ...

Deciding which option is the right move for you. For most of us, it's easy to form a sentimental attachment to our home. However, there may come a time when we either outgrow the property or would like to make changes. Sometimes these circumstances can make it difficult to decide whether to relocate or renovate.
Here are some of the key considerations to ponder before deciding which option is right for you. Ask yourself: How do you feel about your neighbourhood? Are you attached ...