Home Loan Articles

Adelaide Suburbs in Review Part 1

Buying a property is a big decision, knowing that specific suburbs will be right for you is just as important as the property choice itself. Find below Adelaide Broker’s top 10 current picks for the suburbs in review outlining median property prices to assist you make a more informed decision and have a better understanding…
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Homestart Review: Is Homestart finance right for you?

Do you want to know whether Homestart is right for you? Adelaide Broker can help you understand the options available to you today. Call 0478 538 537 or email info@aplsfinance.com.au today. Who is Homestart? Homestart is a South Australian lender established in 1989. Despite being set up by the State Government of South Australia, Homestart…
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Adelaide, Australia’s fifth largest city

Adelaide is the capital of South Australia and is Australia’s fifth largest city. Adelaide has a population of around 1.34 million people out of South Australia’s total of around 1.7 million people. Adelaide is situated on the south coast of Australia about 700 km North West of Melbourne. Adelaide is known for many things such…
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Lenders Mortgage Insurance (LMI) Explained

Lenders Mortgage Insurance otherwise known as LMI is a fee charged by lenders for loans which have less than 20% deposit at time of purchase. LMI protects the lenders in the unfortunate event of the borrower defaulting on their home loan – which is at a higher risk when a lower deposit is used. Keep…
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What is Lenders Mortgage Insurance?

Lenders Mortgage Insurance (LMI) is a fee charged by lenders for loans which have less than 20% deposit at time of purchase. If your total Loan to Value Ratio (LVR) exceeds 80% then LMI is payable, however if your LVR is 80% or less then it is not a chargeable fee. LMI protects the lenders…
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Established vs Building what is the correct option?

Purchasing a home is usually the single largest investment for home owners, with this in mind a lot of time and energy can be spent looking for and researching for the right property and location whether you are looking to buy an established property or go through the build process. When purchasing an established property…
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The importance of a Conveyancer or Solicitor

A professional conveyancer or solicitor is an independent party that is employed for both the buying and selling of a property. The conveyancer will handle the settlement and title transfer process by ensuring that their client is meeting all legal obligations all while ensuring the clients rights are protected during the time of this transaction.…
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