INDUSTRIAL PROPERTY INVESTMENT
6 September 2016 | 0 comments
Purchasing warehouses, factories and workshops can be cheaper than you think. However, there are many differences between an industrial property and a residenti . . .
Interested in starting an Investment Portfolio?
15 August 2016 | 0 commentsIf an Investment Portfolio is of interest, the next step is to determine which type of investment will be suitable for you. There are four different types of investments, these include:
- Fixed Interest
- Term Deposit
- Shares
- Property
Advice for a Sunday: First home buyer’s grant
3 July 2016 | 0 commentsIf you are thinking about purchasing your first home, you are most likely eligible for something called a ‘grant’. This a term used to refer to government assistance, and is available to those seeking to purchase their first property, provided candidates meet the selection criteria. In Western Australia, first home buyers have the opportunity to receive a $10,000 grant for the purchase or building of a new home and $3,000 grant for purchasing an established home, terms and conditions app . . .
Read moreA Booming Suburb: What to Look For
3 July 2016 | 0 commentsSo you are thinking about expanding your property empire or want to get your feet wet into investing but you are unsure where to start, or what to look for. When you ask someone for advice, they probably tell you to ‘do your research’, but what are you supposed to be researching exactly? Don’t worry, we here at Sprint Finance have got your covered with our top tips on what to look for when you want to identify a booming suburb: How close is the suburb to the city Read more
Why you should consider refinancing
1 July 2016 | 0 commentsSo why should I consider refinancing? I don't really understand the benefits of refinancing as I have already acquired my property, I am paying off an approved loan and I am comfortably making my repayments in a timely manner. We here at Sprint Finance have created a quick list of reasons why refinancing can help you achieve your goals:
- When you acquired your property last year, you might have received the best loan. But with time, options can drastically change. With refinan . . . Read more
What are ‘genuine savings’
1 July 2016 | 0 commentsSo I have just acquired a large sum of cash to pay the deposit for my dream home, I have found the best loan option that is perfectly suited to my situation.. but wait, I can still have my loan declined? That's right, lenders often review if the money in your bank account is of 'genuine savings'. A basic understanding of what is meant by the term 'genuine savings' along with tailored financial advice, you can get one step closer to acquiring your home! What do you me . . .
Read moreTips for Self-Employed Loan Applicants
1 July 2016 | 0 commentsSo I’m self-employed and want to acquire my first home, is this possible? Yes, it most definitely is! It might sound daunting and impossible, but don’t worry, we have created a list of tips for you to consider; Are you really self employed? Before we make our way through this list, ensure that your employment status is actually ‘self-employed’. If you are a contractor or sub-contractor you might be able to get away with being seen as an employee with . . .
Read moreWhat is an equity line of credit loan?
27 June 2016 | 0 commentsIt is a loan that works more like a credit card. You are allowed to borrow up to a certain amount for the life of the loan time limit set by the lender. During that time you can withdraw money. As you pay off the sum of money lent or invested, your credit revolves and you can use it again. These loans can be beneficial when accessing the equity in your home to use for things like home renovations, investments or other personal purchases. The repayments on a line of credit loan are dete . . .
Read moreSave Save and SAVE!
27 June 2016 | 0 comments
Saving for your new home can seem like a distant dream. But getting there is not as hard as it seems.< . . .
What are Split Home Loans?
27 June 2016 | 0 comments
The term refers to dividing your home loan into two or more loans. It is a loan arrangement where you can have both fixed and variable interest rates on your loan at the same time. As the name implies, you split your home loan into portions and allocate either a variable or fixed interest to each one.
To further illustrate a split home loan, here is an example:
Let's say you have acquired a home loan for $200,000. An option you can look at is, dividing your l . . .