Complete Information on Getting a Loan

Send me an email at zak@bluefoxfinance.com.au or use our enquiry form. I’ll come back to you with what we need to get the process started. In most cases, we’ll need:...

Using a credit card with your home loan, when done correctly, can reduce the interest significantly over the 30 year period, whilst giving you a significant amount free reward points....

Cross collateralization is the process of using ...

The First Home Owners' Grant in QLD is a $30,000 lump sum payment paid to first home buyers' when purchasing a new property or building a new property....

The First Home Super Saver Scheme is a Government incentive allowing first home buyers to withdraw additional Superannuation contributions to allow them to purchase a home. The rate of withdrawal var...

A balloon payment is common for car and equipment finance.  It is a large payment due at the end of the loan term.  People are usually happy with balloon payments because they are likely to trade-in...

The Help to Buy Scheme is a Labor Government incentive which allows first home buyers (or second home buyers without a current property) to purchase with only a 2% deposit. The Government will then f...

The Home Guarantee Scheme is a Government scheme designed to assist first home buyers & single parents into purchasing a home with a 5% or 2% deposit respectively....

There is a lot of misunderstanding around how a Guarantor Mortgage works, however guarantor loans are being used more than ever. Approximately 33% of all first home buyers in Queensland use ...

Instead of earning interest on money in a savings account, it could be in your best interest to put your savings into an offset account.  Here’s a simple example showing how an offset account works...

Mortgage Broker commission rates vary from lender-to-lender. As Mortgage Brokers essentially does the job of a banker, lenders are happy to pay a commission in exchange for a successful loan...

Use this article as a starting point to give you a good idea of how much deposit you'll need to buy a house in Australia - but always seek professional advice. The minimum deposit is 0% with a Gu...

There are currently a number of Stamp Duty Exemptions available in Queensland, including: ...

Mortgage Stamp duty in QLD is a charge which is applied by the state government on transactions relating to the transfer of land or property. It is paid upfront and needs to be budgeted for i...

There’s a few different opinions on the costs of buying a house in Queensland, so I’ve put together this article to give you an accurate breakdown of the various costs. I’ve based all r...

The range of home loans available in this day and age is truly staggering, and the different types of home loans available to consumers can be really confusing. This article is designed to, ...

Getting a home loan can be very confusing, especially if it is your first time. Whilst the process does vary from lender to lender, the frameword is always the same. The process is the same...

Genuine savings are generally funds that you've held or saved for over 90 days, however other sources can be considered genuine in some cases. Genuine savings are a requirement with the majority of l...

The documents you need for a home loan application will vary from lender-to-lender - so it's generally best to contact your Banker or Broker to get an exact list of what you'll need. Nevertheless, th...

Lenders Mortgage Insurance (LMI) in Australia is a type of insurance that allows consumers to purchase a home with less than 20% deposit. All major banks throughout Australia currently require you to...

Why was my personal loan declined? ...