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Refinancing: Move your home loan review to the top of your ‘to do’ list

Refinancing: Move your home loan review to the top of your ‘to do’ list

by Cherry Lending | Jan 13, 2020 | Finance, Managing Mortgage

Is a home loan review on the bottom of your ‘to do’ list because it just seems like too much of a hassle or because you hate talking about money?  Well, you’re not alone because apparently 42% of Aussies say they’d rather avoid the topic of money.  I get it as I love...
Great news for property investors

Great news for property investors

by Cherry Lending | May 5, 2019 | First Home Buyers, Managing Mortgage

In last month’s blog I wrote about it not being all doom and gloom.  Well, the news continues to get better with the Australian Prudential Regulation Authority (APRA) lifting the cap on interest only (I.O.) loans effective 1st of January 2019.  This is particularly...
The goal posts have shifted for interest only loans, so what does that mean for you as a property investor?

The goal posts have shifted for interest only loans, so what does that mean for you as a property investor?

by Cherry Lending | Oct 12, 2017 | Managing Mortgage

Whether you’re a property investor or someone who has taken out an interest only (IO) loan on your owner-occupied home, the changes introduced by APRA (regulator of the Australian Financial Services Industry) in late 2016 could make you question if an IO loan is STILL...
Can’t afford to upgrade, but can afford to renovate?

Can’t afford to upgrade, but can afford to renovate?

by Cherry Lending | Sep 13, 2017 | Managing Mortgage

A brand new kitchen, funky updated bathroom, or even an extension to make room for that ever expanding family. All of these things can make such a difference to the way your home looks and feels.   With the recent property increases, upgrading to a bigger or newer...
How to pay off your home loan faster

How to pay off your home loan faster

by Cherry Lending | Aug 2, 2017 | First Home Buyers, Managing Mortgage

You can cut years off your mortgage and save a lot of money if you follow some simple steps. See following for tips on how you can achieve this. Extra repayments One of the best and probably most obvious ways is to make extra repayments.  You may want to do this by...

Recent Posts

  • Refinancing: Move your home loan review to the top of your ‘to do’ list
  • The First Home Loan Deposit Scheme
  • 5 things first home buyers need to know in preparing to purchase their first home
  • In another life, I was a firefighter!
  • Is tax minimisation hindering your borrowing capacity?

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    Cherry Lending & Finance
    Frankston South VIC 3199

    Phone: 0427 374 155
    Email: nikki@cherrylending.com.au

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    Mortgage Broker and finance specialists covering all areas of Mornington Peninsula, Melbourne and Geelong.
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