Generated by All in One SEO Pro v4.9.10, this is an llms.txt file, used by LLMs to index the site. # Ocean Home Loans Expert Gold Coast Mortgage Brokers ## Sitemaps - [XML Sitemap](https://www.oceanhomeloans.com.au/sitemap.xml): Contains all public & indexable URLs for this website. ## Posts - [Blog](https://www.oceanhomeloans.com.au/blog/) - Keep up to date with all the latest news about mortgages & loans with the Ocean Home Loans Mortgage Brokers blog. - [Interest Rates at 0.25% as the Country Self-Isolates](https://www.oceanhomeloans.com.au/interest-rates-at-0-25-as-the-country-self-isolates/) - Home loan lender contacts for COVID-19 Coronavirus hardship support - [Leave property investors alone](https://www.oceanhomeloans.com.au/leave-property-investors-alone/) - The esteemed Grattan Institute yesterday released its much-awaited reporting on housing policy and the need for major reform. The central recommendations focused on a re-think of investor-focused incentives like negative gearing. BY SHANNON MOLLOY Whenever… - [NRAS - The National Rental Affordability Scheme Explained](https://www.oceanhomeloans.com.au/nras-the-national-rental-affordability-scheme-explained/) - total of $10,350.00 for 2013-14 What kind of homes are available? One of the main focuses of the scheme is providing quality new homes, that means that the properties must be new, or refurbished and not yet lived in. All types of homes are available under the NRAS. Of the 7,758 homes tenanted in 2011-2012, - [How to be a fully prepared First Time Home Buyer](https://www.oceanhomeloans.com.au/how-to-be-a-fully-prepared-first-time-home-buyer/) - Making sure as a first time home buyer that you are ready for the financial responsibility of a home loan, is an important step to take when you're looking into one of the biggest decisions you could make in your life. As you are more than well aware, mortgages are large sums of debt that - [Home Loan Mortgage Market Update](https://www.oceanhomeloans.com.au/home-loan-mortgage-market-update/) - It's looking positive for the mortgage market in 2014. Home loan enquiries reached four-year highs in the fourth quarter of 2013 and they are forecast to continue rising in the near term, according to Veda Insights. All states saw year-on-year growth in terms of volume of mortgage enquiries, according to Veda's Quarterly Consumer Credit Demand - [What were the major indicators for the economy in 2014](https://www.oceanhomeloans.com.au/what-were-the-major-indicators-for-the-economy-in-2014/) - 2014 delivered an assortment of economic data and forecasts, some positive and others not so positive, but as we move into 2015, the overarching view is that Australia’s economy remains relatively healthy and the envy of many of our international counterparts. Both consumer and business sentiment dipped and climbed over the year. The Westpac-Melbourne Institute - [Spring arrives - Interest Rates on Hold](https://www.oceanhomeloans.com.au/spring-arrives-interest-rates-on-hold/) - At its meeting today, the RBA decided to maintain the current policy setting. Official interest rates remain at the record low of 0.10% pa. Spring renovation ideas It’s spring and a good time to make some improvements at home. It is, after all, your biggest asset. Whether as small as a garden or as large - [Rates on Hold - Hot Investment Property Market](https://www.oceanhomeloans.com.au/rates-on-hold-hot-investment-property-market/) - As the Reserve Bank of Australia has publicly stated it has no intentions to move official interest rates at this moment, it came as no surprise when they announced the official interest rate remains at a record low of 0.10% pa. Is it time to consider an investment property? With the property market in the - [Official Interest Rates Stay on Hold](https://www.oceanhomeloans.com.au/official-interest-rates-stay-on-hold/) - The Reserve Bank of Australia has stated that it has no intention to raise interest rates this year, so it comes as no surprise that the official interest rate remains at a historic low of 0.10%pa. Home loan mistakes Applying for a home loan is a task that requires you to tick several boxes. Some - [Interest Rates Remain at Record Lows](https://www.oceanhomeloans.com.au/interest-rates-remain-at-record-lows/) - At its meeting today, the Reserve Bank Board announced it was leaving the cash rate unchanged at 0.1%. While official interest rates haven’t changed, it’s worth keeping an eye on what rates your lender is charging independently of the RBA. No doubt like most people, you dream of being debt-free. Depending on the equity you - [No Shift in Official Interest Rates](https://www.oceanhomeloans.com.au/no-shift-in-official-interest-rates/) - As expected, the Reserve Bank of Australia has kept interest rates at a record low 0.10%. The bank has said it has no intention of raising interest rates for the foreseeable future – making it the perfect time to purchase property. Whether it’s your first or fifth property, buying a home can be a chaotic - [Interest Rates Steady - Time for an Investment Property](https://www.oceanhomeloans.com.au/interest-rates-steady-time-for-an-investment-property/) - The monthly meeting of the Reserve Bank of Australia produced no surprise today, as the board announced official interest rates remains at the record low of 0.10%pa. Experts predict that there will be little or no movement for the rest of the year. The investment property and owner-occupied property markets are unusually busy for this - [No Movement in Interest Rates](https://www.oceanhomeloans.com.au/no-movement-in-interest-rates/) - The RBA Board has decided to keep official interest rates on hold at the record low 0.10%pa. Their decision comes as we witness the largest one-month jump in house values in 17 years and a surge in new home loans. While this indicates the Australian economy is recovering sharply, it has prompted warnings the Reserve - [New year, no changes to interest rates](https://www.oceanhomeloans.com.au/new-year-no-changes-to-interest-rates/) - This afternoon, the board of the Reserve Bank of Australia met for the first time in 2021 and rang in the new year just as it left the previous one – with no change to official interest rates. It remains at the all-time low of 0.10%pa. So, what is the Australian economy likely to be - [No Change to Interest Rates](https://www.oceanhomeloans.com.au/no-change-to-interest-rates/) - It’s been quite a year, hasn’t it? After last month’s decision to reduce interest rates, the Reserve Bank of Australia has chosen to take stock - [Interest Rates Cut to Historical Low](https://www.oceanhomeloans.com.au/interest-rates-cut-to-historical-low/) - The Reserve Bank of Australia has made the decision to cut the official interest rate once more – it now stands as the record low 0.10%pa. A number of economists predicted this, with the consensus being the easing of monetary policy is the result of the Board’s ‘every little bit helps’ stance. With interest rates - [Interest Rates on Hold on Federal Budget Day](https://www.oceanhomeloans.com.au/interest-rates-on-hold-on-federal-budget-day/) - Financial markets have been anticipating a 50% chance of the Reserve Bank of Australia cutting the official interest rates even further this year. It didn’t happen today, as the Reserve Bank of Australia has decided to keep interest rates on hold. It remains at the record low of 0.25%. Federal Budget What economic measures will - [On Hold - No Change to Official Interest Rate](https://www.oceanhomeloans.com.au/on-hold-no-change-to-official-interest-rate/) - As expected, the Reserve Bank of Australia has decided that the official cash rate will remain at the historic low of 0.25%. Last month, RBA Governor Philip Lowe has told the House of Representatives Standing Committee on Economic that this rate is likely to remain at this level for up to 3 years. This is - [August 2020 RBA - No Movement on Interest Rates](https://www.oceanhomeloans.com.au/august-2020-rba-no-movement-on-interest-rates/) - With the already record low official cash rate of 0.25%pa, the Reserve Bank of Australia has once again decided to hold interest rates where they are, with no end in site of the COVID-19 economic downturn, it is predicted that this rate will remain for some time. The RBA stated that "The Bank's mid-March package - [July 2020 RBA - Interest Rates Remain on Hold](https://www.oceanhomeloans.com.au/july-2020-rba-interest-rates-remain-on-hold/) - With little room to move on the already record low interest rates of 0.25%pa, once again the Reserve Bank of Australia has decided no movement for now. In fact, it is predicted that this rate will remain for some time. Do you have an offset account? In uncertain times, there are ways anyone with a - [June 2020 RBA - Rate Remains at Record Low](https://www.oceanhomeloans.com.au/june-2020-rba-rate-remains-at-record-low/) - After implementing the extraordinary mid-month rate cut in March of this year, the Reserve Bank of Australia has this month left the official cash rate untouched. It remains at the record low rate of 0.25%. The bank remains committed to monitoring the state of the Australian economy. Possible Cash Grants for Home Owners Many of - [Breaking News - Cut in Official Interest Rates](https://www.oceanhomeloans.com.au/breaking-news-cut-in-official-interest-rates/) - As was widely predicted, the board members of the Reserve Bank of Australia have today made the decision to cut interest rates by 0.25%, reducing the official cash rate to a new record low of 0.50%pa, all eyes are now on the banks to see whether they will pass this on to their customers. Most - [2020 Kicks Off with Interest Rates on Hold](https://www.oceanhomeloans.com.au/2020-kicks-off-with-interest-rates-on-hold/) - The Reserve Bank of Australia has held the first meeting for 2020. The Board has decided to keep interest rates on hold at the record low of 1.75%pa despite speculation of a rate cut. However, economists are predicting another cut in rates – perhaps two – for 2020. Many people find the beginning of a - [Official Interest Rates Remain Unchanged](https://www.oceanhomeloans.com.au/official-interest-rates-remain-unchanged/) - At the final Reserve Bank of Australia meeting of the year, the decision has been made to keep official interest rates on hold. It remains at a record low 0.75%pa. As we draw towards the end of 2019, let’s reflect on the past 11 months – and take a look at what’s in store for - [Rates on Hold - Is it time for a Home Loan Refinance](https://www.oceanhomeloans.com.au/rates-on-hold-is-it-time-for-a-home-loan-refinance/) - As expected by the majority of economists, the RBA has decided to keep interest rates on hold this month. After three cuts in five months, the official cash rate remains at a record low 0.75%. Is it Time for a Home Loan Refinance? Other than your mortgage, do you have other debts that you’d like - [RBA Cuts Interest Rates Again](https://www.oceanhomeloans.com.au/rba-cuts-interest-rates-again/) - The RBA has announced a 25 basis point cut to the official cash rate. This was widely anticipated and brings official interest rates down to an all-time low of 0.75% - the first time in history that it has ever had a 0 in front. Now, all eyes will be on the banks to see - [Rates on Hold, But Help on the Way for First Home Buyers](https://www.oceanhomeloans.com.au/rates-on-hold-but-help-on-the-way-for-first-home-buyers/) - After making several interest rate cuts, the focus is now on first home buyers, with the RBA leaving the official rate on hold this month. The official cash rate sits at the record low of just 1.00%. While this is good news for many looking to buy property, saving for a deposit is still the - [RBA leaves Interest Rates on hold](https://www.oceanhomeloans.com.au/rba-leaves-interest-rates-on-hold/) - After two consecutive cuts to interest rates, the Reserve Bank of Australia has left the official cash rate on hold at the record low 1.00%. As we head into the spring season, there are signs that housing prices are starting to slowly rise, with buyers returning to the market. With that in mind, many people - [Interest Rates Cut for Second Month in a Row](https://www.oceanhomeloans.com.au/interest-rates-cut-for-second-month-in-a-row/) - The old adage of ‘feast or famine’ seems to apply to interest rates, as the Reserve Bank of Australia has just announced another cut to the cash rate of 0.25%, bringing official cash rate to the new record low of 1.00%p.a. Once again, all eyes will be on the banks to see if they pass on - [Cut in Official Interest Rates Announced](https://www.oceanhomeloans.com.au/cut-in-official-interest-rates-announced/) - The first move has been made to interest rates in almost three years, with the board members of the Reserve Bank of Australia announcing a 0.25% cut to the official cash rate. It now stands at a record low 1.25%. ANZ Bank CEO Shayne Elliott said that an official interest rate cut would ‘put a - [Home Loan - Get it Right the First Time](https://www.oceanhomeloans.com.au/home-loan-get-it-right-the-first-time/) - It’s no secret that the home loan landscape is in a bit of turmoil, and it feels like every day there are new changes to policy, eligibility and lenders requirements. It also seems that every lender’s borrower-appetite changes on a regular basis and their main focus is about keeping the industry bodies happy. Whilst doing - [No Change to Official Interest Rates](https://www.oceanhomeloans.com.au/no-change-to-official-interest-rates/) - They say an interest rate cut is not a matter of ‘if’, only of when. Not today, as the Reserve Bank of Australia decided to keep interest rates on hold yet again. The official cash rate stands at 1.5%pa - still a record low. A rate cut is predicted for June, but we shall have - [Mortgage Interest Rates - No Change](https://www.oceanhomeloans.com.au/mortgage-interest-rates-no-change/) - There was rumour of a possible cut in mortgage interest rates this month, but in the end the RBA chose to keep the official cash rate on hold. It remains at the record low of 1.5%pa. Experts continue to predict a cut at some stage this year. Last month we explained Lenders Mortgage Insurance(LMI) - [Reserve Bank - no move on Interest Rates](https://www.oceanhomeloans.com.au/reserve-bank-no-move-on-interest-rates/) - As expected, the RBA Board has decided to keep official interest rates on hold at the record low of 1.5%. Commentators expect this will continue, with the possibility of another cut before the end of the year. If this happens, conditions will be even more favourable for people who are saving up for their first - [Royal Commission yet to affect Interest Rates](https://www.oceanhomeloans.com.au/royal-commission-yet-to-affect-interest-rates/) - In the first meeting of 2019, the Reserve Bank of Australia has decided to start 2019 where it left off in 2018 – with official interest rates at 1.50%pa. In what will no doubt result in the biggest shake-up in the Australian financial sector, the head of the royal commission on the financial sector, Kenneth - [RBA signs off 2018 with no change to Interest Rates](https://www.oceanhomeloans.com.au/rba-signs-off-2018-with-no-change-to-interest-rates/) - At today’s final meeting for the year, the Reserve Bank of Australia decided to once again keep interest rates on hold. It remains at a record low 1.5%pa, with no sign of moving in the near future. In fact, the bank does not meet in January, so it will be another two months before we - [RBA Announcement as Expected – interest rates remain at 1.50%](https://www.oceanhomeloans.com.au/rba-announcement-as-expected-interest-rates-remain-at-1-50/) - While the rest of Australia was placing bets on the Melbourne Cup, the Reserve Bank of Australia has yet again kept official interest rates on hold. It was, in fact, more of a certainty than any horse, with experts predicting it will remain as such for at least the near future. For many people, Melbourne - [Official Interest Rates on Hold – but for how long?](https://www.oceanhomeloans.com.au/official-interest-rates-on-hold-but-for-how-long/) - The Reserve Bank of Australia has yet again kept the official cash rate on hold at 1.5%pa. This has been steady for more than two years – but there are signs that these record low official interest rates may be close to the end. It’s not just Australia - cash rates around the world have - [Official interest rates remain on hold](https://www.oceanhomeloans.com.au/official-interest-rates-remain-on-hold/) - The RBA has decided to leave interest rates on hold for the 24th time in a row (the bank do not meet in the month of January). The official cash rate has remained at the record low of 1.50% since August 2016, with no sign of change to come. Last month’s statement by Governor Philip - [No change as RBA holds ground on interest rates](https://www.oceanhomeloans.com.au/no-change-as-rba-holds-ground-on-interest-rates/) - No news is good news. With experts predicting the next move is up, the news that interest rates remain at a record low of 1.5%pa is positive for people with mortgages. As August is the last official month of winter, it’s a good time for financial reflection. For example – have you had an in-depth - [Is your current home loan still the most suitable](https://www.oceanhomeloans.com.au/is-your-current-home-loan-still-the-most-suitable/) - There is no certainty that the home loan that was suited to your needs a few years ago is still the best product for you today. This could be down to changes in your personal situation but it could also be due to a change in policy from your lender – or simply that there - [A guarantor home loan will get the kids out of your home](https://www.oceanhomeloans.com.au/a-guarantor-home-loan-will-get-the-kids-out-of-your-home/) - Never heard of a guarantor home loan, not surprising, but with the continuing rise in property prices, many young home buyers are finding that this is the only way for them to get a foot on the property ladder. Faced with high house prices and the rising cost of living, many would-be first-time buyers are - [Can you NOT afford Mortgage Protection?](https://www.oceanhomeloans.com.au/can-you-not-afford-mortgage-protection/) - When you purchase a new home you need to protect your new asset, mortgage protection is essential. Talk to an Expert Mortgage Broker about your Home Loan. - [3 Compelling Reasons to Get a pre approval](https://www.oceanhomeloans.com.au/3-compelling-reasons-to-get-a-pre-approval/) - Get pre-approval for your home loan today, learn how much you can borrow. Expert Gold Coast Mortgage Brokers that can get your mortgage approved! - [A Beginners Guide to Real Estate Property Investing](https://www.oceanhomeloans.com.au/a-beginners-guide-to-real-estate-investing/) - When making a property investment, finding the right investment loan is essential. Use an Expert Gold Coast Mortgage Broker to help make the right decisions. - [Property or Shares - where should you invest?](https://www.oceanhomeloans.com.au/property-or-shares-where-should-you-invest/) - Looking for the best investment mortgage? Finding the right investment home loan is essential. Use an Expert Mortage Broker to find the best loan product. - [Product Focus – Combination Loan or Split Loan](https://www.oceanhomeloans.com.au/product-focus-combination-or-split-loan/) - Split Rate or Combination Rate loans bring together the flexibilty of Variable Rates and the security of Fixed Interest Rates into a single mortgage. - [Tips & Tricks – To Sell Your Property Quickly](https://www.oceanhomeloans.com.au/tips-tricks-to-sell-your-property-quickly/) - Contact an Expert Gold Coast Mortgage Broker Today, who can help you with you Home Loan and secure the best Mortgage for your next home. - [Is it time to refinance your home or investment loan?](https://www.oceanhomeloans.com.au/is-it-time-to-refinance-your-home-or-investment-loan/) - Expert Gold Coast Mortgage Brokers who can help you find the best home or investment mortgage for your unique situation. - [Beating the low doc mortgage blues](https://www.oceanhomeloans.com.au/beating-the-low-doc-blues/) - Low doc loans are the perfect alternative for borrowers who struggle to come up with all financial documents for a loan application. - [A Bridging Loan - When is it an Ideal Option?](https://www.oceanhomeloans.com.au/a-bridging-loan-when-is-it-an-ideal-option/) - Expert Gold Coast Mortgage Brokers who can help you get the ideal Bridging loan so you can buy or build your dream home. - [Confidence in Property Ownership is on the Rise](https://www.oceanhomeloans.com.au/spring-economic-wrap/) - All indicators point to a rising house price market, so are your finances in place? Use an Expert Gold Coast Mortgage Broker to can get your home loan approved. - [SMSF: How to choose the best properties](https://www.oceanhomeloans.com.au/smsf-how-to-choose-the-best-properties/) - Has anyone ever told you that you are afraid of commitment? If so, property investing through a self-managed super fund is a great way to prove them otherwise. SMSF investing is no get-rich-quick scheme; it takes dedication, foresight and a carefully… - [Cashed up young blokes tend to stay living at home](https://www.oceanhomeloans.com.au/cashed-up-young-blokes-tend-to-stay-living-at-home/) - An analysis of new research shows that young males with folks who earn in excess of $100,000 are more likely to stay living at home for “lifestyle reasons”. What does this mean for the property market? Data crunching has shown that when it comes… - [Solar: The ‘No-Brainer’ That Could Take Suburbs Off Grid](https://www.oceanhomeloans.com.au/solar-the-no-brainer-that-could-take-suburbs-off-grid/) - Originally published on RenewEconomy. The installation of rooftop-solar has become such a “no brainer” for Australian households that whole suburbs could generate and store enough electricity to go-off grid. That is the remarkable vision painted… - [Gold Coast market update](https://www.oceanhomeloans.com.au/gold-coast-market-update/) - The Gold Coast’s median house price decreased by 1.1 per cent over the June quarter. However over the 12 months to June 2013, the median house price, based on a higher number of sales, increased by 3.0 per cent representing a significant yearly median… - [Choosing the Right Home Loans for you](https://www.oceanhomeloans.com.au/choosing-the-right-mortgage-for-you/) - A mortgage is a mortgage is a mortgage, right? Wrong - it’s not as simple as that. There’s more to knowing the right mortgage than finding the cheapest rates, most banks and lenders have a suite of home loans - and the one that’s right for you depends on a number of issues. What are - [On house prices, let’s get real](https://www.oceanhomeloans.com.au/on-house-prices-lets-get-real/) - Grossly exaggerated blanket statements about a looming housing affordability ‘crisis’ driven by rapidly rising markets do nothing to help young would-be homebuyers. In fact, they only make the situation much worse. When it comes to commenting on… - [Saving for a Home Loan - it's all in the Budgeting](https://www.oceanhomeloans.com.au/saving-for-a-home-loan-its-all-in-the-budgeting/) - Is it in the budget? Saving for a home loan is never easy and ‘budgeting’ has to be one of the least appealing words in our vocabulary, but if you’re looking to take control of your finances and apply for a mortgage to buy your dream home, then you need to budget, it’s that simple. While - [It's Not How Big Your Mortgage is - Borrowing Smart](https://www.oceanhomeloans.com.au/why-size-matters/) - Portion size. It’s something we’re often told to think about when it comes to food, but what about your mortgage? In fact, portion control is a crucial part of maintaining a well-balanced financial diet and similarly, ‘super sizing’ can wreak havoc with your financial health. Unlike with food, however, what’s right for you isn’t always - [Are You Keeping an Eye on Your Super Fund?](https://www.oceanhomeloans.com.au/are-you-keeping-an-eye-on-your-super-fund/) - Making the most of your super fund Over the next few years, superannuation benefits will gradually increase to 12 per cent. To ensure there is a nice nest egg available in your super fund for when you retire, there are a number of preparations you need to make now. Working out how much money you’ll - [It’s Time to Factor in Rises in Home Loan Fixed Interest Rates](https://www.oceanhomeloans.com.au/its-time-to-factor-in-interest-rate-rises/) - There is a definite trend of fixed interest rates rising, and borrowers should now start factoring in the potential for home loan interest rates to increase. - [Self Managed Super Fund - The Facts](https://www.oceanhomeloans.com.au/self-managed-super-fund-the-facts/) - A Self Managed Super Fund (SMSF) can present genuine benefits - if they’re well run, however they’re not for everyone. If you’re prepared to devote the time needed to run your own SMSF there are many exciting opportunities available. What exactly is a Self Managed Super Fund? Simply put, a SMSF is a super fund - [Summer is here, but the RBA stays cool and keeps interest rates on hold](https://www.oceanhomeloans.com.au/summer-is-here-but-the-rba-stays-cool-and-keeps-interest-rates-on-hold/) - They say no news is good news, and at the moment this is the case with interest rates. The RBA are clearly happy that all is going to plan, having decided to keep base rates on hold at the record low 2.5%. "The Australian economy (just) surprised with strong numbers." reports Business Insider Australia after - [What is a Property Buyer's Agent and what do they do?](https://www.oceanhomeloans.com.au/what-is-a-property-buyers-agent-and-what-do-they-do/) - A property buyer's agent is a licensed professional who helps facilitate the purchase of a real estate on behalf of the buyer. They assist with searching, evaluating and negotiating the price of the buyer's potential property. It's important to note that these individuals are not sellers of real estate. A buyer's agents often offer two - [Home Improvements That Can Pay Off](https://www.oceanhomeloans.com.au/home-improvements-that-can-pay-off/) - In today's housing market, some home improvements pay off by increasing the value of your home, while others will do little to improve its resale value. Generally, updating the kitchen and bathrooms are always a good investment, it is these improvements that are seen to yield the highest rate of return. Kitchens The kitchen tends - [Professional Package Home Loans offer Discounts on Interest Rates](https://www.oceanhomeloans.com.au/professional-package-home-loans-offer-discounts-on-interest-rates/) - Professional package home loans are a type of home loan that cater to people who are borrowing a larger amount of money, usually over $250,000 and who are looking for a range of offers including discounts on interest rates. There is an annual fee of $300 to $400 depending upon the lender and in return - [Should I get my Home Loan from a smaller Lender](https://www.oceanhomeloans.com.au/should-i-get-my-home-loan-from-a-smaller-lender/) - Is a home loan from a big 4 lender really better? It’s probably no surprise to you that more and more people are choosing their mortgage from smaller lenders instead of the major banks. You could be one of these people – if not and you’re curious, here’s why smaller banks and mortgage lenders are - [Are Home Loan borrowers better off now than we were in the 1990s?](https://www.oceanhomeloans.com.au/are-home-loan-borrowers-better-off-now-than-we-were-in-the-1990s/) - According to the experts, 2014 will be a happy new year for Australian home loan borrowers. Even though our mortgages are bigger than they were in the 1990s, we’re still all better off. Higher income The latest data from Canstar shows the average wage for a male was about 2.5 times higher than it was - [2014 Investment Property Success Plan](https://www.oceanhomeloans.com.au/2014-investment-property-success-plan/) - Have you made your 2014 investment property resolutions yet? It appears the old adage of ‘location, location, location’ has never been truer. But there are a number of points to consider before you start. So, get our your pens and prepare to write you plan. Do your investment property homework A good place to start - [RBA keeps a firm grip on the wheel as interest rates remain on hold.](https://www.oceanhomeloans.com.au/rba-keeps-a-firm-grip-on-the-wheel-as-interest-rates-remain-on-hold/) - The RBA, maintaining a mood of stability, has today decided to keep interest rates on hold at an already low 2.5%, after a tumultuous 2013, with wild predictions from left and right (and a general election adding to the fervour), 2014 is beginning to look like a more settled year. In many respects, the Australia - [5 Tips to increase your Investment Home Loan Borrowing Capacity](https://www.oceanhomeloans.com.au/5-tips-to-increase-your-investment-home-loan-borrowing-capacity/) - The right Investment Home Loan really depends on your particular financial goals, there are many different borrowing options and strategies available and not all banks treat an assessment for investing in property the same way, here are 5 ways to help you increase your borrowing capacity: Negative Gearing Not all lenders utilise negative gearing benefits when - [Product Focus - First Time Home Buyer Home Loans](https://www.oceanhomeloans.com.au/product-focus-first-time-home-buyer-home-loans/) - With so many different home loans on the market, finding a loan that is suitable for you as a first time home buyer is not as simple as it used to be, there is an enormous range of loans available on the market these days and finding the right loan can save you money, provide - [Owning an Investment Property - The Tax Advantages](https://www.oceanhomeloans.com.au/owning-an-investment-property-the-tax-advantages/) - Owning an investment property isn’t just a long-term investment strategy, negative gearing, as well as claiming depreciation and expenses is an effective way to minimise your income tax. Negative Gearing The term gearing is for when you borrow money to invest, therefore, negative gearing is when your costs of investing are higher than the returns - [Is Now the Right Time to Swap your Mortgage to Fixed Interest Rates?](https://www.oceanhomeloans.com.au/is-now-the-right-time-to-swap-your-mortgage-to-fixed-interest-rates/) - With economists predicting rate rises this year, is now the right time to move your mortgage to a fixed rate. The best thing to do is fix when rates are at a low level, some people make the mistake of only fixing after interest rates have been up for a while and they find they - [3 Simple Steps to Reduce Your Home Loan](https://www.oceanhomeloans.com.au/3-simple-steps-to-reduce-your-home-loan/) - The longer you take to pay off the principal amount of the home loan you've borrowed for, the more interest you will end up paying - it therefore makes sense to try and put a dent in your mortgage as quickly as possible. Mortgage reduction is much easier and less painful than most people think, - [Have you Protected your Family by Insuring your Mortgage Repayments?](https://www.oceanhomeloans.com.au/have-you-protected-your-family-by-insuring-your-mortgage-repayments/) - What would happen if a serious accident or illness left you unable to meet your mortgage repayments or other obligations, nobody likes to think about falling ill, suffering a serious accident, or worse still, dying, but the truth is sometimes serious illnesses or misfortunes may happen. If you have substantial obligations, such as a loan - [Choosing the location of your Investment Property](https://www.oceanhomeloans.com.au/choosing-the-location-of-your-investment-property/) - There are a number of other considerations that need to be made when purchasing an investment property, while proximity to family and friends and house features may be most important when buying your family home, so before committing, consider the following factors that can impact the success of your investment. Overall investment property goals There - [A Home Loan Refinance Has Never Been Easier](https://www.oceanhomeloans.com.au/a-home-loan-refinance-has-never-been-easier/) - Since the July 2011 introduction of the ban on home loan exit fees, a refinance of your home loan has become far more simpler and cheaper, this has sparked the interest of a greater number of borrowers, who are now reconsidering their current finance commitments and home loans. There are a number of key reasons - [How to shave years off your Home Loan](https://www.oceanhomeloans.com.au/how-to-shave-years-off-your-home-loan/) - Since the 1st of July 2011, banks are no longer able to penalise a mortgage holder for switching new home and residential investment home finance, with home loan exit fees abolished, it’s now easier for people to shop around for a better deal on their mortgage repayments. Combine that with some canny planning plus some - [Product Focus - Bad Credit History Home Loans](https://www.oceanhomeloans.com.au/product-focus-bad-credit-history-home-loans/) - Bad credit history home loans, also known as non-conforming, credit impaired or specialist loans, are mortgages for borrowers who may have unique financial circumstances which mean they are unlikely to meet or conform to the rules of traditional lenders. These loans are generally for borrowers who may have an adverse credit history, existing home loan - [Have we seen the last cuts to Interest Rates - the RBA thinks so](https://www.oceanhomeloans.com.au/have-we-seen-the-last-cuts-to-interest-rates-the-rba-thinks-so/) - The Reserve Bank of Australia (RBA) looks set to keep interest rates at record lows for the foreseeable future following minutes from its most recent board meeting, the Reserve Bank noted current market pricing suggested “little chance of a change in monetary policy at present”. Low interest rates helping the housing market The board decided - [RBA sits on the sidelines as Interest Rates remain on hold](https://www.oceanhomeloans.com.au/rba-sits-on-the-sidelines-as-interest-rates-remain-on-hold/) - The Reserve Bank of Australia has indicated that we are in a 'period of stability' by leaving interest rates on hold during their monthly meeting this afternoon. The current cash rate sits at an historic low of 2.50%. Indeed, the RBA has gone on record as stating that global economic conditions have 'evolved broadly as - [SMSF Borrowing - When is a Super Fund allowed to borrow to invest](https://www.oceanhomeloans.com.au/smsf-borrowing-when-is-a-self-mananged-superannuation-fund-allowed-to-borrow-to-invest/) - There are laws restricting the use of SMSF's to borrow money, and restricting the recourse of the lender in the event that the trust cannot meet its repayment obligations, a basic outline of the rules a SMSF trust must follow in order to borrow money, is as follows: The SMSF borrowing must be used to - [How do Offset Account Home Loans work?](https://www.oceanhomeloans.com.au/how-do-offset-account-home-loans-work/) - If you're hoping to get debt-free as fast as possible, offset account home loans can be one of the most valuable facilities at your disposal. - [Interest Rates to remain stable - Confidence in property on the rise](https://www.oceanhomeloans.com.au/interest-rates-to-remain-stable-confidence-in-property-on-the-rise/) - The Reserve Bank of Australia board has noted the most prudent course ahead was most likely a period of stability in interest rates, at recent meetings, the Board had judged that it was prudent to leave the cash rate unchanged and members noted that the cash rate could remain at its current level for some time if - [Granny Flats - Turn your own home into a Rental Property](https://www.oceanhomeloans.com.au/granny-flats-an-easy-investment-property-income-opportunity/) - One of the rising trends in the home property market is to add a granny flat to an existing home, making part of your own home a rental property. Contrary to the name and perhaps expectations, a granny flat doesn’t have to be occupied by your favourite granny - there are plenty of other people - [Buying new or established - which delivers best for property investors](https://www.oceanhomeloans.com.au/buying-new-or-established-which-delivers-best-for-property-investors/) - If there’s one topic property investors are unlikely to ever agree on, it’s what makes a better investment opportunity: established or new? Advocates of buying ‘established’ argue that established dwellings are often more affordable and could be improved to generate equity, where those buying ‘new’ argue that the tax incentives new properties deliver outperforms the - [The benefits of Interest in Advance for property investors](https://www.oceanhomeloans.com.au/the-benefits-of-interest-in-advance-for-property-investors/) - An Interest in Advance loan could be just what property investors need to make the most of available deductions. The tax season is upon us and for investors, that usually means hunting around for every available deduction. One of the most popular options is an Interest in Advance loan. Interest in Advance loans are like - [Inflation remains within target - Interest rates to remain on hold](https://www.oceanhomeloans.com.au/inflation-remains-within-target-interest-rates-to-remain-on-hold/) - Inflation figures released by the ABS on April 23 favour the RBA maintaining interest rates at their current levels when the board meets tomorrow afternoon in Sydney. The Australian Bureau of Statistics reported that the Consumer Price Index (CPI) rose 0.6% in the March quarter 2014, following a rise of 0.8% in the December quarter - [6 Mistakes to avoid when applying for a mortgage refinance](https://www.oceanhomeloans.com.au/6-mistakes-to-avoid-when-applying-for-a-mortgage-refinance/) - Avoid these common mistakes when applying for a mortgage refinance of your home or investment loan and you will have a simple, trouble-free experience. Successfully navigating the refinancing process can enable you to take advantage of better rates and features, as well as provide finance for a renovation, construction or property purchase. Late or missed - [Official interest rates remain at historic low of 2.50%](https://www.oceanhomeloans.com.au/official-interest-rates-remain-at-historic-low-of-2-50/) - No news is good news for mortgage holders and people with an eye on the property market. With Australian interest rates at an all time low, the Reserve Bank of Australia did as was expected, keeping rates on hold. The official cash rate stands at 2.50%. Despite a 'tough' budget looming, experts insist that Australia - [9 Questions you must ask your Mortgage Broker](https://www.oceanhomeloans.com.au/9-questions-you-must-ask-your-mortgage-broker/) - With home loan borrowers facing an ever increasing choice of home loans, it’s not surprising that many engage the services of a mortgage broker to find that home or investment loan that is just right for their particular needs and personal situation, but make sure that the broker you choose is definitely the broker for - [First time investors - 6 key Investment Property mistakes to avoid](https://www.oceanhomeloans.com.au/first-time-investors-6-key-investment-property-mistakes-to-avoid/) - With interest rates at record lows and banks falling over themselves to attract new customers, there is a perfect storm building for those who want to get into the investment property market, but many of them will never proceed beyond their first investment purchase because they make simple financial mistakes, hindering their ability to increase - [A new lender enters the commercial SMSF lending arena](https://www.oceanhomeloans.com.au/a-new-lender-enters-the-commercial-smsf-lending-arena/) - Specialist lender Thinktank has launched a new SMSF product focused on commercial lending and this product is now available to all Self Managed Superannuation Fund clients of Ocean Home Loans. Some of the key benefits of the Think Tank commercial Self Managed Superannuation Fund Lending product are: With a 75% LVR potential, it reduces the level - [2014 Budget speech overview - the key facts](https://www.oceanhomeloans.com.au/2014-budget-overview-the-key-facts/) - The Treasurer Joe Hockey delivered his first budget speech on Tuesday night, containing few surprises. The measures announced include increased ‘taxes’ in the form of a temporary levy for high income earners, tighter welfare rules, and wider cuts to education and spending. Below is a summary of key announcements that you may affect you from - [Winter 2014 Home Loan & Mortgage Market Update](https://www.oceanhomeloans.com.au/winter-2014-home-loan-mortgage-market-update/) - Australians' appetite for mortgages shows no sign of abating, with the Veda Quarterly Consumer Credit Demand Index revealing a 10.8 per cent on-year increase in applications for home loans in the March quarter. NSW led the way in terms of demand for new mortgages in the March quarter, with a massive 19 per cent growth - [The Federal Budget - what it means for you](https://www.oceanhomeloans.com.au/the-federal-budget-what-it-means-for-you/) - On Tuesday 13 May, Joe Hockey announced the new Coalition Government's first Budget; Stating that their aim is to reduce the federal deficit. If all their proposals pass both Houses of Parliament, the deficit will fall from its current $49.9 billion to $29.8 billion next year. It will then fall to a deficit of $2.8 - [All eyes on the state of the property market in Australian capital cities](https://www.oceanhomeloans.com.au/all-eyes-on-the-state-of-the-property-market-in-australian-capital-cities/) - According to the Australian Bureau of Statistics (ABS), our capital cities are filling up fast. In real estate terms, that means that demand for property - both to buy and to rent - is increasing in Sydney, Melbourne, Brisbane, Adelaide, Perth, Hobart, Canberra and Darwin. Last year, Perth, Darwin, Melbourne and Brisbane were the biggest - [Buying at Auction for First Time Buyers](https://www.oceanhomeloans.com.au/buying-at-auction-for-first-time-buyers/) - With a cool head and a firm plan first time buyers can make sure they don't get swept away in the excitement of an auction. Auctions can be daunting for novices, but they can also be an effective way to snag an investment at a fair price. Once you have identified a property worth bidding - [Investment Property Hot Spots - What to look for](https://www.oceanhomeloans.com.au/investment-property-hot-spots-what-to-look-for/) - The 'Next Property Hot Spot' is a very overused term these days when discussing the next area of capital growth, whilst forecasts vary in terms of investment property returns, there are usually some pretty clear-cut structures that govern current price and potential price growth. Here are five key elements that go a long way in - ['Don't rock the board' - RBA keeps interest rates on hold](https://www.oceanhomeloans.com.au/dont-rock-the-board-rba-keeps-interest-rates-on-hold/) - The Reserve Bank of Australia has opted for stability as it once again leaves the official cash rate on hold - interest rates have now remained at a record low of 2.50% for ten months. In fact, it is likely that the current low rate will remain steady according to the RBA. "A sustained increase - [5 tips to add value to your investment property](https://www.oceanhomeloans.com.au/5-tips-to-add-value-to-your-investment-property/) - Adding value to your investment property does not have to break the bank. We reveal how to get a high-end makeover on a shoestring budget. Stick to the plan Over spending is one of the biggest dangers in renovating. A savvy investor will set an ironclad budget and see it through to the end, which - [5 Quick steps to maximise your property valuation](https://www.oceanhomeloans.com.au/5-quick-steps-to-maximise-your-property-valuation/) - If you want to extract existing equity from your home, you will need to get a favourable property valuation. First impressions count Make sure your property is well maintained, and make small aesthetic improvements if necessary. Street appeal is important for a property valuation A freshly mowed lawn, free of weeds and neat hedges will - [Looking for a Home Loan but don't have a big enough deposit](https://www.oceanhomeloans.com.au/looking-for-a-home-loan-but-dont-have-a-big-enough-deposit/) - If you need a home loan of 80% or more of the value of the property you would like to buy, then you'll probably need to pay what's known as Lender's Mortgage Insurance (LMI). Essentially, LMI protects the lender if something unfortunately came along that might cause you to default on your home loan, as - [6 Reasons why you should use a Mortgage Broker](https://www.oceanhomeloans.com.au/6-reasons-why-you-should-use-a-mortgage-broker/) - More and more Australian homeowners are turning to a mortgage broker to help them better understand their options. With hundreds of different lenders and thousands of home loan mortgage products to choose from, finding the right home loan has never been more daunting. Finance brokers also called credit advisers are well positioned to provide the - [It’s Almost Tax Time! Do you have an Investment Property Loan?](https://www.oceanhomeloans.com.au/its-almost-tax-time-do-you-have-an-investment-property-loan/) - The End of the Financial Year is almost upon us. And right now, before the 30th of June, is when you should be considering your strategies to trim your tax bill by minimising your assessable income, especially if you have an investment property loan. Although you should always seek advice from a professional financial services - [Home Loan lending terms - What is my LVR?](https://www.oceanhomeloans.com.au/home-loan-lending-terms-what-is-my-lvr/) - In lending terms the LVR or Loan to Value Ratio represents the relationship between the value of the property used as security for a home loan and the loan amount itself. When buying a residential property generally if you stay at an LVR of 80% or less you will avoid having to pay for lenders - [5 Reasons to get a Home Loan Refinance](https://www.oceanhomeloans.com.au/5-reasons-to-get-a-home-loan-refinance/) - A home loan refinance could save you money, by lowering your repayments or consolidating those high interest rate debts, leaving you with extra money in your wallet each month. With a wide range of lenders and loans to choose from, there is every chance you may be able to secure a better deal with another - [Foreign buyers snapping up investment property - what does it mean?](https://www.oceanhomeloans.com.au/foreign-buyers-snapping-up-investment-property-what-does-it-mean/) - The number of overseas buyers, particularly the Chinese market, is growing in the Australian investment property market. In fact, Australia is now second only to the USA in terms of popularity among Chinese people looking to buy homes overseas. Indeed, the pace even looks like hotting up even further and the number of Asian investors - [10 Questions to ask your Estate Agent when selling an Investment Property](https://www.oceanhomeloans.com.au/10-questions-to-ask-your-estate-agent-when-selling-an-investment-property/) - Once you have decided to sell your investment property, it is essential that you really do your homework thoroughly before you decide who to appoint as your agent. Don’t choose an agent on the promise of a high price. And never tell them what figure you have in mind - many will respond by just - [Thinking of buying an investment property as a holiday home?](https://www.oceanhomeloans.com.au/thinking-of-buying-an-investment-property-as-a-holiday-home/) - At one time or another, we’ve all had dreams of purchasing an investment property as a holiday home, with a desire to improve our lifestyle while making a good financial return. Sounds wonderful, but it’s essential to not let your heart rule your head. Just like any investment, it’s important to weigh up all the - [Interest Rates - The Longest Hold in more than 20 years](https://www.oceanhomeloans.com.au/interest-rates-the-longest-hold-in-more-than-20-years/) - Predictions rang true again this month when it came to baseline lending, with the Reserve Bank of Australia voting to keep official cash interest rates steady at 2.50%, the longest rate hold since 1990. While there was widespread concern over what impact the unveiling of the May federal budget would have on the economy, consumer - [Home Renovations - Do your homework first](https://www.oceanhomeloans.com.au/home-renovations-do-your-homework-first/) - Australians are not only avid homebuyers, but also renovation fanatics. Unfortunately, we’re not all experts at home renovations - many people end up over their head before they’ve even begun. Here, we shed some light on a few common pitfalls associated with renovating. Do your homework If you take the necessary precautions to ensure that - [RBA Interest Rates remain at 1.5%pa](https://www.oceanhomeloans.com.au/rba-interest-rates-remain-at-1-5pa/) - Another first Tuesday of the month, no change – the RBA has announced official interest rates remain at 1.5%pa. Still in the middle of the longest inaction in the history of the RBA, experts believe the bank will hold steady at least into 2019. However, one previous bank board member has stated the case for - [A mortgage broker will help you find the mortgage that suits you best](https://www.oceanhomeloans.com.au/a-mortgage-broker-will-help-you-find-the-mortgage-that-suits-you-best/) - With so many loan products available you can be sure that your mortgage broker will be able to find the one that matches your situation. By using a broker to match a suitable mortgage to your needs may save you thousands in interest payments over the life of your loan. In your hunt to track - [Splitting your home loan choices](https://www.oceanhomeloans.com.au/splitting-your-home-loan-choices/) - The RBA's decision to leave interest rates steady at 2.50 per cent p.a. was fantastic news for investors and home loan borrowers alike; better yet are the predictions of a stable interest rate environment for the remainder of the year. So what options are available when it comes to choosing or refinancing your mortgage? Homeowners - [Look after your investment property and so will your tenants](https://www.oceanhomeloans.com.au/look-after-your-investment-property-and-so-will-your-tenants/) - As the owner of an investment property it can be more than a little worrying knowing that the potential value of your property can come down to the way it's treated by your tenants. If you want to protect your investment, getting the right tenants is an obvious place to start. But the following proactive - [First Home Buyers - Get Smart - Get Approved!](https://www.oceanhomeloans.com.au/first-home-buyers-get-smart-get-approved/) - With an ever increasingly tight home loan market, first home buyers are finding it harder to get out of the rental trap, but all is not lost, you just need to get smarter. With the price of the average home soaring, lenders tightening their borrowing criteria and spiralling rentals cutting into post tax dollars most - [Rental Return or Capital Growth - What is your Investment Property Strategy](https://www.oceanhomeloans.com.au/rental-return-or-capital-growth-what-is-your-investment-property-strategy/) - Investing in real estate via an investment property is surely one of the most effective ways for Australians to build wealth. Property has historically increased in value in most markets in the long-term and gives buyers the added benefit of receiving a direct return from the rental income. Property that yields high rental returns as - [4 tips for raising the rent on your rental property](https://www.oceanhomeloans.com.au/4-tips-for-raising-the-rent-on-your-rental-property/) - Renting out your investment property is akin to running a business. To be a profitable rental property owner you need the correct combination of a well priced property and responsible long-term tenants. So how can you engender a favourable landlord-tenant relationship when it is time to raise the rent. Be in touch with the market - [Would a home loan refinance improve your financial position](https://www.oceanhomeloans.com.au/would-a-home-loan-refinance-improve-your-financial-position/) - For consumers planning on a home loan refinance, interest rate stability, increased home loan product choice and flexible mortgage interest rates have created the prime environment . Competition in the mortgage market is fierce with major lenders slashing rates and releasing some enticing mortgage products in a bid to win over your business. As the banks - [4 tips to help you decide - How much can I borrow?](https://www.oceanhomeloans.com.au/4-tips-to-help-you-decide-how-much-can-i-borrow/) - When it comes to buying a home, one of the first questions you need to ask is: “How much can I borrow?” While your lender will make the final assessment about how much they are prepared to lend, it is essential that you make your own assessment of your finances first. Your goal is to - [Diversify your investment property strategy](https://www.oceanhomeloans.com.au/diversify-your-investment-property-strategy/) - Don't put all your eggs in the one basket, but how does that analogy apply to your investment property strategy? As far as investment assets go, property has long been considered one of the safest wealth generating strategies available. Stocks change rapidly - often in minutes - rising and falling often. Property prices on the - [Buying a new or old investment property - which is best?](https://www.oceanhomeloans.com.au/buying-a-new-or-old-investment-property-which-is-best/) - When looking to purchase an investment property the choice is not only about deciding to buy a unit or a house. You also have to decide between new or old. There are advantages for both styles of properties, and it really comes down to your short and long-term objectives. Where you intend to purchase your - [Mortgage Offset or Home Loan Redraw - what's best?](https://www.oceanhomeloans.com.au/mortgage-offset-or-home-loan-redraw-whats-best/) - Mortgage offset accounts and redraw facilities are now available from most lenders as features of your home loan, help you manage it more effectively. Both features can make a significant impact as part of a mortgage reduction strategy, taking years off your mortgage and helping to save in interest repayments. The basis for each technique - [Consolidate your debts with a home loan refinance](https://www.oceanhomeloans.com.au/consolidate-your-debts-with-a-home-loan-refinance/) - If you’re struggling under the weight of mounting debt and feeling the stress of multiple loans, a home loan refinance is a simple solution you should consider. Debt is an unavoidable stage of your financial journey. Over the years, you are sure to take out a range of loans depending on your needs in life. - [6 Tips to increase your home loan borrowing capacity](https://www.oceanhomeloans.com.au/6-tips-to-increase-your-home-loan-borrowing-capacity/) - The majority of home loan lenders now require a deposit of between 5 and 10 per cent, with many requesting evidence that the deposit was saved overtime, which is commonly referred to as ‘genuine savings’. For many would-be home buyers these changes are disappointing as many have the income to service a mortgage, but just - [RBA to hold interest rates tight until 2015](https://www.oceanhomeloans.com.au/rba-to-hold-interest-rates-tight-until-2015/) - While there have been domestic improvements in both retail and employment numbers, interest rates will remain steady for the month of August, with the RBA maintaining the current rate of 2.50%. Analysts are predicting the rate will hold steady for 18 months in total from the time of its previous change, a quarter percentage point - [Is your home loan still working hard for you - 4 things to consider](https://www.oceanhomeloans.com.au/is-your-home-loan-still-working-hard-for-you-4-things-to-consider/) - Why not start the new financial year with a home loan health check and see if you could be saving yourself money. Put your loan through its paces once a year to make sure it still meets your requirements. Following are four points worth considering. Am I paying too much interest? Although the interest rate - [With rates so low, now is the time to look at a mortgage refinance](https://www.oceanhomeloans.com.au/with-rates-so-low-now-is-the-time-to-look-at-a-mortgage-refinance/) - Cash rate stability, increased product choice and low interest rates have created the prime environment for consumers planning on a mortgage refinance of their home loan. Competition in the mortgage market is at an all time high. Major lenders are slashing rates and releasing some enticing mortgage products in a bid to win over your - [Now is the time to secure that investment property](https://www.oceanhomeloans.com.au/now-is-the-time-to-secure-that-investment-property/) - With interest rates lower than they’ve been in years, property prices on the rise and rental returns on the up-and-up, you may be thinking that securing an investment property has never better. And you may well be right! Thanks to the combination of low-interest rates and high rental yields, property investment may now deliver cash - [6 tips to get your home loan approval first time](https://www.oceanhomeloans.com.au/6-tips-to-get-your-home-loan-approval-first-time/) - The biggest financial commitment during their lifetime for most people is for a home loan. Such an obligation requires thorough and precise planning, but with the right resources and careful preparation, you shouldn’t need to stress. Here are a few tips to help you make the mortgage application a breeze. The paper trail When applying - [6 tips to pay your home loan off faster and achieve financial freedom](https://www.oceanhomeloans.com.au/6-tips-to-pay-your-home-loan-off-faster-and-achieve-financial-freedom/) - Home loan interest rates have never been lower - and the only way to go is up. Even though most economists believe that an interest rate rise is months away, the opportunity to pay your mortgage off sooner (and save many thousands of dollars in the process) should be too good to pass up. It's - [Fixed rate home loans - the new lender battleground](https://www.oceanhomeloans.com.au/fixed-rate-home-loans-the-new-lender-battleground/) - Right now, you'll find plenty of news items telling us that a fixed rate home loan is a good idea. It's true - if you have ever considered this, there will never be a better time. If you haven't, it's worth thinking about. The Big Four knows this, and they're all after your business. They've - [Purchasing an investment property using current equity](https://www.oceanhomeloans.com.au/purchasing-an-investment-property-using-current-equity/) - The sustained period of low interest rates has got many people wondering whether it's time to buy an investment property. But how do you do that if you're already paying off one mortgage? It is important not to base your decision on interest rates alone. Variable rates are just that: variable. If your objective is - [Should I get a home loan or continue paying rent - the debate](https://www.oceanhomeloans.com.au/should-i-get-a-home-loan-or-continue-paying-rent-the-debate/) - The RBA recently released a paper announcing the percentage of property growth needed on an ongoing basis for a home loan to purchase property to be more advantageous than renting. The paper states that house prices around Australia have increased by 2.4 per cent, taking into account inflation and ownership costs, over the past 60 - [Steady inflation contributes to steady interest rates](https://www.oceanhomeloans.com.au/steady-inflation-contributes-to-steady-interest-rates/) - It has been an entire year since changes to domestic interest rates, with the RBA once again holding it steady for the month of September. In fact, most economists believe rates will not change at all for the remainder of 2014, particularly in light of the flat inflation figures released this week. Overall, prices for - [5 easy steps to put you on the road to investment property success](https://www.oceanhomeloans.com.au/5-easy-steps-to-put-you-on-the-road-to-investment-property-success/) - You've been thinking about getting that first investment property but just aren't quite sure where to start, use these simple tips to get the ball rolling. Find your comfort zone If you are thinking of investing in property, it is important to first set out a clear budget. You need to allow for all costs, - [Spring clean your finances with a home loan health check](https://www.oceanhomeloans.com.au/spring-clean-your-finances-with-a-home-loan-health-check/) - It’s a good idea to review your financing arrangements regularly and what better time of year to assess the health of your home loan finances than spring? Whether you’re an avid property investor, a first home buyer or somewhere in between, if you’ve got at least one mortgage it pays to review your set-up every - [5 tips to help you understand an off the plan property investment](https://www.oceanhomeloans.com.au/5-tips-to-help-you-understand-an-off-the-plan-property-investment/) - There’s nothing like buying a property for less than its market value to get ahead on the property investment ladder. That’s why buying a property ‘off the plan’ can offer some real advantages. In most states buying off the plan incurs considerable stamp duty savings. Potentially, capital growth on the property can occur prior to - [Spring investment property form guide - our 5 top picks](https://www.oceanhomeloans.com.au/spring-investment-property-form-guide-our-5-top-picks/) - Traditionally the busiest time of the year for both horse racing and real estate, the spring investment property season is just around the corner. If you're looking to make a foray into the market, our form guide to property will have you buying both confidently and successfully. Refine your top tips Before you bolt out - [5 steps to starting an investment property portfolio](https://www.oceanhomeloans.com.au/5-steps-to-starting-an-investment-property-portfolio/) - You've decided that investment property is going to be your pathway to wealth and this could be for many reasons, retirement income from the rent, capital gains on your property portfolio or maybe you prefer to rent in the suburb of your choice and own properties elsewhere. No matter what inspires you to invest in - [Do you know which home loan is right for you](https://www.oceanhomeloans.com.au/do-you-know-which-home-loan-is-right-for-you/) - There are literally thousands of different loans on offer in today's mortgage market, but how do you know which type of home loan is the right choice for you? The following list provides some detail of the most commonly used loan products. Basic home loan These are your standard ‘no frills’ mortgages. They generally offer - [Property market underpins the Australian economy](https://www.oceanhomeloans.com.au/property-market-underpins-the-australian-economy/) - This year has certainly proven that Australians’ love affair with property runs deep. While buying and selling activity has dropped off somewhat in the cooler months, all indications are that the property market across much of the nation has remained relatively strong. For the first time in 12 months, dwelling values across the country’s capital - [Taking the stress out of the first home buyer experience](https://www.oceanhomeloans.com.au/taking-the-stress-out-of-the-first-home-buyer-experience/) - Being a first home buyer can at times feel like one to many mountains to climb, following these tips will help take some of the stress out of the buying process and help you secure your first home. You'll need a deposit To obtain the cheapest rate with the lowest entry costs then a deposit - [What does a mortgage broker do and 8 reasons why you should use one](https://www.oceanhomeloans.com.au/what-does-a-mortgage-broker-do-an-8-reasons-why-you-should-use-one/) - A mortgage broker doesn't physically lend you money, the role of a broker is to aid borrowers in finding an appropriate loan, based on the borrowers specific requirements. Brokers have a panel of lenders from which they recommend a loan. They have to become accredited with the lender to offer their products, and are required - [The 8 steps to buying an investment property](https://www.oceanhomeloans.com.au/the-8-steps-to-buying-an-investment-property/) - Purchasing your first investment property can be a daunting prospect, following these 8 steps will have you well on the road to success. Build a team of experts to support you Examples of the type of expert that you will need to have on your team are solicitors, accountants, finance brokers, property coaches/mentors, property managers, - [How using equity can get you started in property investing](https://www.oceanhomeloans.com.au/how-using-equity-can-get-you-started-in-property-investing/) - Property investing is a popular strategy to create wealth. In the current market, this could be a great wealth creating strategy. Depending on how much of the mortgage has been paid off and the capital growth of the property, most households are sitting on untapped wealth by way of equity. Accessing this equity for property - [Keeping your credit history clean](https://www.oceanhomeloans.com.au/keeping-your-credit-history-clean/) - With the new credit reporting legislation fully implemented, now is the time to make sure your credit history is as clean as can be. With credit providers now collecting and recording further information about your credit conduct, one small slip-up could mean the difference between the dream of home ownership and having to continue to - [RBA holds interest rates in October](https://www.oceanhomeloans.com.au/rba-holds-interest-rates-in-october/) - Interest rates will remain steady at 2.5 per cent for the month of October, great news for current mortgage holders. However, a tightening of rates in the near future is possible with the RBA weighing into the debate on house price inflation. The RBA recently introduced 'macroprudential tools', including stricter testing of borrowers' ability to - [5 tips for a smoother home loan application](https://www.oceanhomeloans.com.au/5-tips-for-a-smoother-home-loan-application/) - A home loan is the biggest financial commitment the majority of people will ever make during their lifetime. Such a commitment requires careful and thorough planning, but with the right resources and proper preparation, you shouldn’t need to worry. Here are a few tips to simplify the home loan application process. Get your credit report - [The simple mistakes to avoid when starting out in property investment](https://www.oceanhomeloans.com.au/the-simple-mistakes-to-aviod-when-starting-out-in-property-investment/) - Becoming successful in property investment doesn't just happen overnight, it takes a great deal of research, and one of the best ways to avoid those early pitfalls is to learn from the mistakes others have made before. This a great way to kick-start your property investing journey and get a jump on the competition. Here - [Benefits of bulding a new home with a construction loan](https://www.oceanhomeloans.com.au/benefits-of-bulding-new-with-a-construction-loan/) - Whether it is your first home, upgrade or for investment purposes, taking out a construction loan to build has a feeling unlike anything else in property ownership. Therefore it’s not hard to understand why buying a newly built home or investment property is a popular purchasing choice for many Australians. One of the most attractive - [The 4 musts of protecting your investment property portfolio](https://www.oceanhomeloans.com.au/the-4-musts-of-protecting-your-investment-property-portfolio/) - Taking a risk to get that investment property for your portfolio is one thing but failing to protect your investment is tantamount to financial suicide, by following a few simple rules you can protect not only your investment but also yourself and your families financial future. Property inspections If you’re buying a place to rent - [Can I get a home loan with bad credit history](https://www.oceanhomeloans.com.au/can-i-get-a-home-loan-with-bad-credit-history/) - These loans are generally for borrowers who may have an adverse credit history, existing home loan arrears, credit card or personal loan arrears or defaults, too many debts and are finding it difficult to consolidate or have been declined by another lender. Lenders are wary of those who do not pay their defaults or those - [Getting prepared as a first home buyer](https://www.oceanhomeloans.com.au/getting-prepared-as-a-first-home-buyer/) - Buying property for the first time is an enormous decision and as a first home buyer with little, or no experience in the property market, can make it seem somewhat overwhelming. Seeking out assistance and guidance wherever possible will only improve your chances of a successful first foray into property ownership, follow these tips and - [How to find investment property growth areas](https://www.oceanhomeloans.com.au/how-to-find-investment-property-growth-areas/) - With most observers seeing rapid capital growth of investment property across Australia's capital cities over the past 2 years, many investors may feel the time has passed to secure property that could appreciate in a short space of time. However, there still are opportunities to achieve capital growth, but it’s a matter of buying clever - [What a mortgage broker can do for you](https://www.oceanhomeloans.com.au/what-a-mortgage-broker-can-do-for-you/) - By staying up to date with lending criteria and products, a mortgage broker can make sure you get a loan that fits both your financial situation and your long-term goals, they can provide the answers you need and help you get the right mortgage products. In fact, half of all Australian mortgages are now arranged - [The 6 steps to becoming a property investor](https://www.oceanhomeloans.com.au/the-6-steps-to-becoming-a-property-investor/) - Finding the perfect time to become a property investor is not easy, yet many investors get caught up in the fear of buying at the wrong time. The truth is that when to buy is not nearly as important as actually buying a property, particularly if you are planning to hold onto it long-term. As - [No punting on interest rates - RBA sits tight.](https://www.oceanhomeloans.com.au/no-punting-on-interest-rates-rba-sits-tight/) - Historically, Melbourne Cup Day has been remarkably popular for the RBA to move interest rates. However, this year things are slightly different. Rates remain unchanged at 2.5% and are expected to remain the same for some time to come. Whilst economists still believe normalisation of rates is inevitable, they predict a hike will happen much - [Choosing the home loan that best suits your needs](https://www.oceanhomeloans.com.au/choosing-that-home-loan-that-best-suits-your-needs/) - Finding a home loan that matches your needs could save you many thousands of dollars in interest payments over the term of your mortgage. With so many loan products now on the market you can be sure there’s at least one that fits the bill for you. Here are a few tips to keep in - [Put your credit card debt on Ice](https://www.oceanhomeloans.com.au/put-your-credit-card-debt-on-ice/) - The average credit card in Australia is carrying an outstanding balance of $3,140 and most people have more than one credit card. In fact, total consumer credit card debt courtesy of plastic has reached $49 billion in Australia and is affecting millions of people. Anyone with a credit card balance rolling over from month to - [The best time for a home loan refinance is when interest rates are low](https://www.oceanhomeloans.com.au/the-best-time-for-a-home-loan-refinance-is-when-interest-rates-are-low/) - With the Reserve Bank of Australia keeping interest rates at historical lows and inflation within the RBA's target band of between 2 and 3 percent, borrowers can look forward to lower rates for some time to come, so what does this mean for homeowners? It may be a good time to reassess your mortgage, and - [Saving for your future financial freedom starts today](https://www.oceanhomeloans.com.au/saving-for-your-future-financial-freedom-starts-today/) - The reason most of us like to spend money is because it makes us feel good, in that moment. But the truth is, overspending, impulse buying, and credit card debt make us feel sick. Financial stress is no fun, and with a few simple, determined steps, you can get on the path to building savings - [Product Focus - Professional Package Home Loan](https://www.oceanhomeloans.com.au/product-focus-professional-package-home-loan/) - Enjoying a solid income and a sterling credit rating? A professional package home loan could be for you. Don’t let the name fool you, you don’t have to be a doctor or a lawyer to land a mortgage of this type. Different lenders have different qualifying criteria for these loans and most now base their - [Property Investment – Cashflow or Capital Growth?](https://www.oceanhomeloans.com.au/property-investment-cashflow-or-capital-growth/) - Many Australians look to property investment in their wealth creation journey. Whether you are looking at purchasing your first investment property or adding to an established property portfolio, the debate over cashflow or rental yield and capital growth will be at the heart of your decision. The point of property investment is principally to make - [Could you benefit from a debt consolidation loan?](https://www.oceanhomeloans.com.au/could-you-benefit-from-a-debt-consolidation-loan/) - We come across many clients who could benefit for a debt consolidation loan, paying high interest rates on multiple loans. It is not uncommon for people to be paying off loans for two family cars, a personal loan for a holiday and multiple store or credit cards. If you recognize this scenario, you may benefit - [Product focus - the interest only loan](https://www.oceanhomeloans.com.au/product-focus-the-interest-only-loan/) - The interest only loan is not for everyone, but it can be useful for property investors in the right circumstances. As the name implies, the borrower need only pay the interest on the loan and nothing off the principal for an initial term (typically between one and five years). The interest rate can be fixed - [Interest rates remain steady for the festive season](https://www.oceanhomeloans.com.au/interest-rates-remain-steady-for-the-festive-season/) - Christmas has come early for mortgage holders this year, with the RBA's decision to keep interest rates steady for the last month of 2014, freeing up cash for Christmas spending. The interest rate, which has been on hold at 2.5% since August last year, is predicted to remain the same until mid 2015. According to - [Property investors - Don't overlook the depreciation schedule](https://www.oceanhomeloans.com.au/property-investors-dont-overlook-the-depreciation-schedule/) - Many property investors fail to maximise their investment property deductions by not claiming the correct amount of depreciation. If you own an investment property, it is never too late to start a bit of tax planning to make sure you get the maximum tax deduction possible, you would be foolish to pay more tax than - [Don't risk your future with insufficient home insurance cover?](https://www.oceanhomeloans.com.au/dont-risk-your-future-with-insufficient-home-insurance-cover/) - Having insufficient home insurance is a huge problem for home owners in Australia. Under-insurance is where the amount you are insured for is insufficient to cover the damage or economic loss sustained when you make a claim on your insurance policy. The Insurance Council of Australia estimates that more than 40% of households fail to - [The investment property market is hot - don't get left in the shade](https://www.oceanhomeloans.com.au/the-investment-property-market-is-hot-dont-get-left-in-the-shade/) - This summer is expected to be a hot one for the investment property market. With many economists predicting the official cash rate to remain low for some time, this summer could be a great time to consider a property purchase. Following the Reserve Bank’s 15th consecutive month holding the official cash rate at 2.5% in - [3 tips to help you plan your investment property attack](https://www.oceanhomeloans.com.au/3-tips-to-help-you-plan-your-investment-property-attack/) - Summer has arrived and the investment property market is just as hot as the Aussie cricket team, so here are three useful tips to help plan your attack. Get organised A good first step is to go through your financials and goals for your property purchase, so that you can get a good idea of - [Do you have a financial plan for 2015](https://www.oceanhomeloans.com.au/do-you-have-a-financial-plan-for-2015/) - As we move into yet another new year, it’s important to take some time to take stock of the year that was and what you want out of the year ahead. The start of the year marks an ideal time to review your personal financial plan, and with many of us fortunate enough to have - [Make sure you get the right accountant for your investment property](https://www.oceanhomeloans.com.au/make-sure-you-get-the-right-accountant-for-your-investment-property/) - You've secured your investment property, the tenants are in and paying rent and everything is running smoothly, it may only be mid January but now is the time search out the accountant that will give you the best possible support over the coming years. Finding a good accountant that will help you to maximise your - [How to ensure you have protected your investment property](https://www.oceanhomeloans.com.au/how-to-ensure-you-have-protected-your-investment-property/) - Owning an investment property to generate wealth can be a profitable exercise but there are many investors who fail to manage the risks that are involved, leading to financial problems that could easily be avoided if some simple steps to protect the investment were carried out. Whatever reason drives you to want to invest in - [How to pay your home loan off sooner](https://www.oceanhomeloans.com.au/how-to-pay-your-home-loan-off-sooner/) - There has been plenty of discussion recently about whether we have seen the last cuts to home loan interest rates, so now more than ever it’s important to understand how to effectively manage your mortgage. With interest rates at their lowest levels for close to 40 years, the secret is to not sit back and - [How to increase your borrowing potential for an investment mortgage](https://www.oceanhomeloans.com.au/how-to-increase-your-borrowing-potential-for-an-investment-mortgage/) - Choosing the right investment mortgage really depends on your particular financial goals, there are many different borrowing options and strategies available and not all banks and lenders treat an assessment for property investing the same way, here are 5 ways to help you increase your borrowing capacity: Negative gearing Not all lenders utilise negative gearing - [Why you should be thinking of a home loan refinance](https://www.oceanhomeloans.com.au/why-you-should-be-thinking-of-a-home-loan-refinance/) - With interest rates dropping to unheard of levels, now is the perfect time to consider a home loan refinance, by reducing your repayments or consolidating those high interest rate debts, leaving you with extra money in your pocket each month. You could also take advantage of those lower repayments to pay extra on your mortgage - [Cut takes interest rates to an historic low](https://www.oceanhomeloans.com.au/cut-takes-interest-rates-to-an-historic-low/) - The Reserve Bank of Australia has offered a welcome boost to homeowners and businesses this afternoon when it chose lower interest rates by 0.25%. The cash rate now sits at the all-time low of 2.25%. While the news may have mortgage holders celebrating, there are also other reasons for cheer, including signs that the Australian - [What home loan should I choose?](https://www.oceanhomeloans.com.au/what-home-loan-should-i-choose/) - Choosing the correct home loan for your particular needs is a very important process when it comes to purchasing a property, it’s not necessarily as straight forward as you think. There’s more to knowing the right mortgage than finding the cheapest rates, most banks and lenders have a suite of mortgages – and the one - [How a mortgage broker can help you](https://www.oceanhomeloans.com.au/how-a-mortgage-broker-can-help-you/) - Why do more and more Australians turn to a mortgage broker to help with their home loan borrowing options, there are many reasons and with so many lenders and literally thousands of mortgage products to choose from, finding the right one can be time-consuming, difficult and frustrating. Finance brokers also called credit advisers are the - [Investment property a firm favourite](https://www.oceanhomeloans.com.au/investment-property-a-firm-favourite/) - Following a strong run in many locations in 2014, sound investment fundamentals and low interest rates continue to make well-selected investment property an attractive investment selection in 2015 and with fixed interest rates at levels unheard of in living memory, now is the chance for savvy investors to lock in their yield for years to - [Interest rates remain on hold](https://www.oceanhomeloans.com.au/interest-rates-remain-on-hold/) - The Reserve Bank of Australia Board has announced a hold on official interest rates, which still sits at an all-time low of 2.25%. Last month's cut was a welcome boost to the Australian economy. As mortgage holders see a drop in their minimum monthly repayment, many are choosing to use this time to their advantage - [How super is your superannuation fund](https://www.oceanhomeloans.com.au/how-super-is-your-superannuation-fund/) - If you’re determined to build a prosperous financial future, a superannuation fund needs to be part of your wealth creation strategy, according to recent research from asset managers Mercer, one in four Australians are likely to outlive their retirement savings given current life expectancies. So what can you do to make sure your super is - [A softer outlook for 2015 but investment property still hot](https://www.oceanhomeloans.com.au/a-softer-outlook-for-2015-but-investment-property-still-hot/) - Australia posted only moderate economic growth in 2014. A sustained weakness in terms of trade, a reduction in income growth and ongoing political issues took a toll on consumer sentiment. However, there seemed no limit to investors’ appetite for real estate, with all sectors of the market showing considerable gains and the investment property market - [Are you looking for home renovation finance](https://www.oceanhomeloans.com.au/are-you-looking-for-home-renovation-finance/) - Have the wave of home improvement shows on television inspired you to carry out a home renovation? Whether it’s big or small, an investment project or home extension you’ve been dreaming about for years, the big question is – how are you going to pay for it? Here are some options to consider: Extend - [How to get the maximum benefit from a Home Loan Offset Account](https://www.oceanhomeloans.com.au/how-to-get-maximum-benefit-from-a-home-loan-offset-account/) - You've most likely heard the term Home Loan Offset Account, you may even have one yourself, happy in the knowledge that you're doing something to pay your mortgage off sooner. It's actually one of the most powerful tools you have, allowing you to save thousands - even hundreds of thousands - of dollars over the - [There's never been a better opportunity to pay your home loan off sooner](https://www.oceanhomeloans.com.au/theres-never-been-a-better-opportunity-to-pay-your-home-loan-off-sooner/) - If you have a variable home loan, you'll be celebrating the fact that the Reserve Bank of Australia has recently cut the cash rate, as well as the fact that the RBA Governor, Glenn Stevens, has stated that the Australian economy is suited to continuing low rates for some time. ANZ Chief Economist, Warren Hogan, - [Are first home buyers suffering from an affordable housing shortfall?](https://www.oceanhomeloans.com.au/are-first-home-buyers-suffering-from-an-affordable-housing-shortfall/) - There's been a lot of talk over the past few years regarding the affordability of housing across Australia for first home buyers, particularly in major cities such as Sydney and Melbourne. There is truth to this - interest rates are at a record low of 2.25%, which encourages investors to enter the property market, thus - [Could you be tempted by the lenders latest home loan offers?](https://www.oceanhomeloans.com.au/could-you-be-tempted-by-the-lenders-latest-home-loan-offers/) - There's a lot of competition for Australia's $1.3 trillion home loan market and one could be easy to be dazzled or confused by the variety of offers available. Indeed, some of the deals might sound more like those on offer from car dealers than the banks, but that's what happens interest rates are low and - [Interest rates remain at historic lows](https://www.oceanhomeloans.com.au/interest-rates-remain-at-historic-lows/) - The Reserve Bank of Australia has left official interest rates on hold - it remains at 2.25%. This comes as continuing good news for mortgage holders, who are experiencing a low rate of monthly repayment, which provides a welcome budgetary relief (and perhaps some spare spending money). Meanwhile, the housing market continues to be sizzling - [Interest rates drop to all time low of 2%](https://www.oceanhomeloans.com.au/interest-rates-drop-to-all-time-low-of-2/) - For the second time this year, the Reserve Bank of Australia has announced a cut to official interest rates, which now sits at 2%. This cut has been widely predicted by economists. The RBA is pleased that housing construction is now picking up the economy as investment in mining declines. To add to this good - [The 2015 Budget - what's in it for you?](https://www.oceanhomeloans.com.au/the-2015-budget-whats-in-it-for-you/) - There's no doubt that this year's budget was designed to be completely different from the previous, with young families, small business and farmers the big winners. Far from being controversial the announcement has in general been welcomed, with many commentator's referring to it as the 'have a go' budget. Here's a summary. Young families The - [Interest rates remain on hold again](https://www.oceanhomeloans.com.au/interest-rates-remain-on-hold-2/) - After last month's historic cut in interest rates, the RBA has adopted a 'wait and see' approach, leaving the official cash rate at an all time low of 2%. This came as no surprise - in fact, not one of the 28 economists surveyed by Bloomberg is expecting the RBA to drop interest rates any - [Is There More Growth in the Real Estate Market?](https://www.oceanhomeloans.com.au/is-there-more-growth-in-the-real-estate-market/) - Cast your minds back to the start of 2014. There we were, twiddling our thumbs, wondering if the real estate market would ever recover from the GFC and return to those golden years of growth in the early 2000s. None of us could have anticipated the growth we experienced in our capital cities in 2014. - [6 ways to add value to your investment property](https://www.oceanhomeloans.com.au/six-ways-to-add-value-to-your-investment-property/) - Whether you're looking to sell or upgrade, there are a few sure-fire ways to add value to your investment property with some clever cosmetics. Here are our best tips: A fresh lick of paint One of the quickest and easiest ways to give your property a new look and coordinated interior or exterior is a - [Steady as she goes for both property investors and home owners](https://www.oceanhomeloans.com.au/steady-as-she-goes-for-both-property-investors-and-home-owners/) - It's important to understand what's driving the Australian economy, especially when you're a homeowner, hopeful first home buyer or property investors. The last year has been a steady one for the Australian economy. It hasn't fired up, but it hasn't slowed dangerously, which is good news. NAB lowered its overall growth forecast for FY2015/16 to - [No Surprises as RBA Leaves Interest Rates On Hold](https://www.oceanhomeloans.com.au/no-surprises-as-rba-leaves-interest-rates-on-hold/) - With the housing market showing no signs of abatement, the Reserve Bank of Australia has decided to let things be, keeping official interest rates at the all-time low of 2%. The cuts in February and May this year have made the housing market the talking point at every Australian get-together, with the Sydney and Melbourne - [The future of the Interest only loan](https://www.oceanhomeloans.com.au/the-future-of-the-interest-only-loan/) - It’s not as easy as it once was to apply for an interest only loan. Over the last couple of months lending for this type of investment loan has been tightened in an effort to slow the pace of record growth in investment home loans. Lenders are under pressure by government regulatory bodies to make - [Mortgage Brokers more popular than ever](https://www.oceanhomeloans.com.au/mortgage-brokers-more-popular-than-ever/) - Mortgage brokers are now responsible for writing over half of Australia’s home loans and are valued for their choice, expertise and convenience, according to a new survey commissioned by the Mortgage and Finance Association of Australia (MFAA). From a 49.9 per cent share of the market in the March 2014 quarter, total new home lending - [No change in interest rates again](https://www.oceanhomeloans.com.au/no-change-in-interest-rates-again/) - It's the first Tuesday of the month, and members of the Reserve Bank of Australia have met over lunch to discuss the official interest rates - [What do the lending changes mean for your investment property portfolio?](https://www.oceanhomeloans.com.au/what-do-the-lending-changes-mean-for-your-investment-property-portfolio/) - In December 2014, APRA, the prudential regulator of the Australian financial services industry, announced an increase in the level of supervisory focus on residential investment property mortgage lending. This announcement was directed at Authorised Deposit-taking Institutions (ADIs) – corporations authorised under the Banking Act 1959 including banks, building societies and credit unions – and was - [7 tips to help you win at a property auction](https://www.oceanhomeloans.com.au/7-tips-to-help-you-win-at-a-property-auction/) - Going to a property auction can be a gamble, but there are a few simple things you can do to help win your dream home. Kick the tyres first Inspect the property multiple times with the right specialists. Consider any required inspections – including building and pest – before you go to a property auction. - [6 essential first home buyer budgeting tips](https://www.oceanhomeloans.com.au/6-essential-first-home-buyer-budgeting-tips/) - Buying your dream home is one of the biggest and most exciting purchases you are ever likely to make. Saving the necessary deposit as a first home buyer can be difficult without making a few adjustments to your finances. Spring cleaning your budget is an important step in helping make this dream a reality. The - [No surprises as interest rates stay on hold](https://www.oceanhomeloans.com.au/no-surprises-as-interest-rates-stay-on-hold/) - Despite the recent turmoil on the stock markets, the Reserve Bank of Australia has remained firm and steady, keeping official interest rates at a record low of 2%. Most analysts predicted this and believe it will remain on hold for the foreseeable future. Low interest rates bring stability Stability is welcomed in spring, as the - [The 2014/2015 property market in review](https://www.oceanhomeloans.com.au/the-20142015-property-market-in-review/) - From today’s vantage point, the 2014/2015 financial year was certainly an interesting one, especially for the property market. We saw interest rates cut further to bring them to the lowest levels in a generation, helping to fuel higher capital city house prices. We also saw the ongoing effects of the end of the mining boom - [Home Loan Growth Continues](https://www.oceanhomeloans.com.au/home-loan-growth-continues/) - More Australians are looking to take out a home loan to purchase property, a trend that began well before the traditional influx of borrowers for the start of spring. Mortgage applications have been rising steadily for 12 months and peaked at 12.5 per cent in the June quarter, according to the latest Veda Quarterly Consumer - [How will the changes to investment loans affect you?](https://www.oceanhomeloans.com.au/how-will-the-changes-to-investment-loans-affect-you/) - The importance of a knowledgeable mortgage broker has come sharply into focus following the recent banking system changes to investment loans. Many panicked borrowers have turned to mortgage brokers like us, for guidance in the months since the Australian Prudential Regulatory Authority (APRA) directed the major banks to place limits on investment lending and hold - [5 Reasons to Style your Home for Sale](https://www.oceanhomeloans.com.au/5-reasons-to-style-your-home-for-sale/) - Styling your home for sale is not a new concept but it has grown in popularity as anecdotal evidence suggests it can help your property sell faster and for a better price. Displaying a property’s full potential with property styling (also known as property staging) can be as simple as removing or adding a few - ["No change" say the RBA, as interest rates stay on hold](https://www.oceanhomeloans.com.au/no-change-say-the-rba-as-interest-rates-stay-on-hold/) - All the pundits were proved correct as the RBA announced that, once again, interest rates continue to stay on hold at the low cash rate of 2%. Needless to say, this is also very positive news for all Australian mortgage owners (and those who are looking to enter the property market). The RBA's decision to - [3 ways to benefit from the low interest rate environment](https://www.oceanhomeloans.com.au/3-ways-to-benefit-from-the-low-interest-rate-environment/) - With the official interest rate at rock bottom, now is the time to get ahead with your home loan. A little planning and forward thinking could have you well on the way to paying home loan off sooner. Overpay on your monthly repayments Just because your interest rate has decreased, doesn’t mean you need to - [4 Tips on How to be Home Loan Paperwork Ready](https://www.oceanhomeloans.com.au/4-tips-on-how-to-be-home-loan-paperwork-ready/) - Putting together the paperwork needed for home loan approval is a task many prospective home buyers dread. We see many happy faces when we tell people that as a mortgage broker we can help simplify the paperwork process because we know what lenders are looking for when it comes to assessing an application for a - [Intelligent property investment - stick to the basics](https://www.oceanhomeloans.com.au/intelligent-property-investment-stick-to-the-basics/) - Overwhelmed by the confusing game of property investment? Don’t give up just yet. In spite of its complexities, many novice investors seem to find property easier to select and manage than other types of investment. But if you make the wrong decision you may find yourself experiencing problems. In an ever-changing market, here are Seven - [Interest Rates hold steady on Melbourne Cup Day](https://www.oceanhomeloans.com.au/interest-rates-hold-steady-on-melbourne-cup-day/) - The race that stops the nation also coincides with the meeting that pauses the economists. 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By keeping your loan from one property to the next, you won’t have to go through the process of refinancing and you can save on establishment costs like application and valuation fees, government charges and potential - [Product Focus - Fixed Rate Home Loan](https://www.oceanhomeloans.com.au/product-focus-fixed-rate-home-loan/) - Amid the ups and downs of the current home loan market it can be difficult to decide if looking into a fixed rate home loan makes sense, fixed interest rate home loans are home loans that lock in the interest rate of your home loan so that your repayments don’t change for the period selected. - [Borrow smarter and keep your Home Loan one jump ahead of the bank](https://www.oceanhomeloans.com.au/borrow-smarter-and-keep-your-home-loan-one-jump-ahead-of-the-bank/) - It sounds like the impossible dream, but if you do your home loan homework, you can keep a much greater proportion of your money and give less to the bank. 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According to predictions from the Housing Industry Association (HIA), the residential construction sector recovery is well underway and should continue in - [It's Time for a Home Loan Health Check-Up](https://www.oceanhomeloans.com.au/its-time-for-a-home-loan-health-check-up/) - Don't forget to give your home loan the attention it deserves, as you prepare to go into the New Year, you may be assessing areas for improvement in your personal health, relationships and career, but your mortgage is just as important. With interest rates on hold and no RBA meeting this month, it's a good - [Selling Your Investment Property - Choosing the Right Time](https://www.oceanhomeloans.com.au/selling-your-investment-property-choosing-the-right-time/) - When it comes to owning an investment property, many investors put the most effort into choosing the property, arranging the finance and organising the purchase. After the purchase settles, typically the property investor would, organise tenant selection and attend to any day-to-day issues such as property maintenance, rarely do property investors take the time to - [Lender Special $1,250 Home Loan Refinance Rebate - Update](https://www.oceanhomeloans.com.au/lender-special-1250-home-loan-refinance-rebate-update/) - One of our panel of over 30 lenders has extended their special offer, apply for a Home Loan Refinance with this lender to receive a $1,250 rebate to your transaction account after settlement. This offer will certainly cover any refinance costs easily and the interest rate offered could save you even more money. If you - [8 Questions you must ask your Investment Property Manager](https://www.oceanhomeloans.com.au/8-questions-you-must-ask-your-investment-property-manager/) - You've just purchased or about to purchase your first investment property and you are tossing up whether to manage it yourself or engage the services of a property manager. Managing a rental property can be a complex and frustratingly protracted process, which is why many investors turn to a manager for professional judgement and support. - [Property Investment - Ocean's 11 Keys to Investment Property Success](https://www.oceanhomeloans.com.au/property-investment-oceans-11-keys-to-investment-property-success/) - The reasons to own an investment property are many, you might want an income producing asset for retirement, you might wish to rent where you live and own a property elsewhere, or property might be your chosen path for wealth-creation. For whatever reason drives you to want to invest in property, there are a few - [Should State Governments Abolish Stamp Duty?](https://www.oceanhomeloans.com.au/should-state-governments-abolish-stamp-duty/) - A call to abolish stamp duty taxes on property purchases has been made by many people in the real estate and mortgage finance industries for many years, in fact they were supposed to be abolished by the states with the introduction of GST on the 1st of July 2000, the states still got their GST - [Mortgage Repayments on the rise](https://www.oceanhomeloans.com.au/mortgage-repayments-on-the-rise/) - Median monthly mortgage repayments in Australia climbed by 38.5 per cent in the period between 2006 and 2011, from $1300 to $1800. But in a surprise trend, data released by the Australian Bureau of Statistics (ABS) on the 19th of November 21013 shows that the fastest growing mortgage costs were seen in areas outside major - [The Secrets of a Home Renovation Reality](https://www.oceanhomeloans.com.au/the-secrets-of-a-home-renovation-reality/) - Turn on the TV on most nights and you’re almost certain to come across at least one ‘reality’ home renovation or improvement program, as exciting as they might make home improvement look, real world renovating can be tough – not just on your back but on your bank account as well. So, before you get - [What Mortgage suits your Lifestyle?](https://www.oceanhomeloans.com.au/what-mortgage-suits-your-lifestyle/) - If you were considering applying for a mortgage, would you think of yourself as a bit of a penny pincher? Or are you more into an extravagant lifestyle of wining and dining? 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Despite this, there are still some unique advantages associated with the - [Why you Should Pay for a Pre-Purchase Property Inspection?](https://www.oceanhomeloans.com.au/should-i-pay-for-a-pre-purchase-property-inspection/) - You've got your mortgage pre-approved and you’re about to sign on the dotted line for your dream home, stop and ask yourself: How can I be sure the property I’m buying is in good shape? A pre-purchase inspection is essential for every home purchase – whether it’s your new family home or an investment. Not - [Credit File Report - Changes on the Way](https://www.oceanhomeloans.com.au/credit-file-reporting-changes-on-the-way/) - Are you ready for the impending changes to the way your credit history is being recorded. 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Call today to find out if you can borrow 100% or more. - [Are You a Proactive Rental Property Landlord?](https://www.oceanhomeloans.com.au/are-you-a-proactive-rental-property-landlord/) - An Investment Property needs the right Mortgage. Finding the right investment loan is essential. Use an Expert Mortage Broker to find the best loan product. - [The 7 key components of a low doc home loan for the self-employed](https://www.oceanhomeloans.com.au/the-7-key-components-of-a-low-doc-home-loan-for-the-self-employed/) - Most lenders look for the following attributes on your low doc home loan application to decide your eligibility for the loan sought, there may be other factors that the lender may take into account but the 7 points outlined below are the key components. Self-employed history Your ABN must be registered for a minimum of - [Loan Product Focus - Construction Loan](https://www.oceanhomeloans.com.au/loan-product-focus-construction-loans/) - Building your dream home or want to build an Investment Home? Find out about the building loan process & how to get approved for your construction mortgage - [4 reasons why you need a home loan pre approval](https://www.oceanhomeloans.com.au/4-reasons-why-you-need-a-home-loan-pre-approval/) - Going through the home loan pre approval process is an important step in evaluating your financial situation, if you are in the market to purchase a property, it is a good idea to be pre-approved by a lender for your mortgage for four good reasons. Speed up the process By getting a home loan pre-approval - [Interest Rates again to remain on hold again at 1.5%](https://www.oceanhomeloans.com.au/interest-rates-again-to-remain-on-hold-again-at-1-5/) - Will they? Or won’t they? They haven’t since April 2016, and they didn’t today. The Reserve Bank of Australia has once again met and decided to keep interest rates on hold – the official cash rate is still a record low of 1.5%. Pundits predict little movement – if any – for the rest of - [How to borrow 95% for a home loan with a 457 Visa](https://www.oceanhomeloans.com.au/how-to-borrow-95-for-a-home-loan-with-a-457-visa/) - It is a widely held belief, that 457 visa holders in Australia can only apply for a home loan up to 80% of the value of the property, this is totally incorrect, there are a range of lenders who will lend up to 95% of the value of the property. You do not need to - [How does the 2018 Federal Budget affect you and your family?](https://www.oceanhomeloans.com.au/how-does-the-2018-federal-budget-affect-you-and-your-family/) - If you sat down at 7:30 last night to watch the 2018 Federal Budget Announcement, you may have found yourself a little overwhelmed. With so many figures and areas of taxation to get your head around, we have sat down, dissected and summarised the answers to the question you may be asking – “What’s in - [No movement as RBA keeps interest rates on hold](https://www.oceanhomeloans.com.au/no-movement-as-rba-keeps-interest-rates-on-hold/) - Sometimes, no news is good news. So, while many economists predict the next move on interest rates will be up they also think that, for the foreseeable future, the board of the Reserve Bank of Australia will keep the cash rate at the record low of 1.50%. A statement released by the RBA after last - [Steady, steady – Interest Rates remain at 1.50%.](https://www.oceanhomeloans.com.au/steady-steady-interest-rates-remain-at-1-50/) - Nothing drastic happened in March to stir the Australian economy, so it was no surprise the Reserve Bank of Australia retained its neutral stance – the official cash rate remains at a record low 1.50%pa. The last movement on interest rates was in August 2016, and experts predict that it may well stay where it - [Steady as she goes – interest rates remain at 1.50%](https://www.oceanhomeloans.com.au/steady-as-she-goes-interest-rates-remain-at-1-50/) - Once again, the Reserve Bank of Australia has chosen to keep the official cash rate at the record low 1.50%. This was no surprise – in fact, economists believe that 2018 is most likely to see interest rates stay on a ‘holding pattern’. Traditionally, the housing market is quiet in the first few months of - [New year same official interest rates](https://www.oceanhomeloans.com.au/new-year-same-official-interest-rates/) - The holiday is over. Or is it? Mortgage holders can continue to relish record low interest rates – the longest in history – as the Reserve Bank of Australia voted to keep the cash rate on hold. It has remained at 1.50% since August 2016. Looking back at the last quarter of 2017, there is - [The Property Investment Growth Suburbs - How to Find Them (Before the Boom)](https://www.oceanhomeloans.com.au/property-investment-growth-suburbs-how-to-find-them/) - Whether you are a first-time property investor or looking to build on your existing portfolio, it is essential you use an Expert Home Loan Mortgage Broker - [low doc home loans can provide an alternative for the self-employed](https://www.oceanhomeloans.com.au/low-doc-home-loans-can-provide-an-alternative-for-the-self-employed/) - Low doc home loans can provide an easier mortgage finance solution for business owners or self-employed people who have income and assets, but are unable to provide the required financial statements or tax returns at the time of application, so if you own your own business or you’re self-employed and are finding it difficult getting - [Advantages of a new construction home](https://www.oceanhomeloans.com.au/advantages-of-a-new-construction-home/) - They say there’s nothing like the feeling of something new, whether it’s new clothes, a new car, or maybe even a new construction home, there is a certain feeling that goes with purchasing something new. Therefore it’s not hard to understand why buying a newly built home or investment property is a popular purchasing choice - [Invest in your small business with equipment leasing](https://www.oceanhomeloans.com.au/invest-in-your-small-business-with-equipment-leasing/) - If you’re running a small business, now is the time to think big, whether you are looking at expanding via equipment leasing or purchasing new business equipment assets. The Federal Government’s focus on small business in the May budget was designed to encourage small business growth through tax cuts as well as measures to reduce - [Product Focus - Low Doc Home Loans](https://www.oceanhomeloans.com.au/product-focus-low-doc-home-loans/) - Most lenders look for the following key attributes for low doc home loans applications, to determine your eligibility for the loan sought. These key points are outlined below. Self-Employed History: Your ABN must be registered for a minimum of 6 months and if you are declaring an income greater $75,000 you will also need to - [Buying together - 4 tips about property co-ownership](https://www.oceanhomeloans.com.au/buying-together-4-tips-about-property-co-ownership/) - With the romance of Valentine’s Day still in the air, many may be feeling the romantic urge to take the plunge and shack up with a loved one, but property co-ownership is a serious business and getting it wrong can have long-lasting repercussions. Certainly, romantic reasons aside, co-purchasing a property can be a great way - [Split rate home loan - the best of variable and fixed interest rates](https://www.oceanhomeloans.com.au/split-rate-home-loan-the-best-of-variable-and-fixed-interest-rates/) - If you’ve been thinking about purchasing a new home or refinancing an existing mortgage, there has never been a better time thanks to interest rates sitting at historic lows, though a critical aspect to consider is whether it’s better to take out a fixed, variable or split rate home loan. This can have a significant - [RBA sees out 2017 with no Change to Official Interest Rates](https://www.oceanhomeloans.com.au/rba-sees-out-2017-with-no-change-to-official-interest-rates/) - The Reserve Bank of Australia has ended the year with good cheer and positive news - still no movement on interest rates, which remain at a record low 1.50%. In mid-November, economics writer, Terry McCrann reported the RBA had painted a very optimistic picture of the Australia economy in its latest assessment and outlook. He wrote, - [Official Interest Rates Steady at 1.5%](https://www.oceanhomeloans.com.au/official-interest-rates-steady-at-1-5/) - Interest rates aren't necessarily on everyone's minds at this time of year, with most of the country looking towards Flemington in Melbourne, the members of the Reserve Bank of Australia had their eyes firmly on the official cash rate. The odds were always in favour of the Reserve Bank of Australia keeping the official rate - [Do you have Genuine Savings for your Home Loan Deposit](https://www.oceanhomeloans.com.au/do-you-have-genuine-savings-for-your-home-loan-deposit/) - Everyone knows you need a deposit to get a home loan, but fewer people realise that the deposit must meet certain requirements and in many cases must be considered as genuine savings. Lenders want to know how your deposit was acquired - did you save it yourself? Was it gifted to you? For lenders, this - [Lender Special $1,250 Home Loan Refinance Rebate Extended](https://www.oceanhomeloans.com.au/lender-special-1250-home-loan-refinance-rebate-extended/) - One of our panel of over 30 lenders has extended their special offer once again, apply for a Home Loan Refinance with this lender to receive a $1,250 rebate to your transaction account after settlement, this offer will certainly cover any refinancing costs easily and the interest rate offered could save you even more money. - [No change in interest rates](https://www.oceanhomeloans.com.au/no-change-in-interest-rates/) - It’s that time of the year – the weather warms, the flowers blossom and the beaches fill up. But as some things change, others remain the same – like the official cash rate. The board members of the RBA have once again decided to keep interest rates at the record low of 1.5%. However, that’s - [Financial Fitness 5 Step Plan](https://www.oceanhomeloans.com.au/financial-fitness-5-step-plan/) - Financial fitness is not that different to physical fitness. Both take time, moderation and discipline, and both are equally rewarding in terms of improving your quality of life. Here’s a five-step plan for putting your finances in healthy working order. Know what you want When you set out to improve your fitness you usually have - [How a Mortgage Broker can help you set your financial goals](https://www.oceanhomeloans.com.au/how-a-mortgage-broker-can-help-you-set-your-financial-goals/) - Most people think of a mortgage broker as simply someone who can assist in the process of obtaining credit, but there are many more reasons why you should call on your broker and setting financial goals is just one of them. We all set goals, either consciously or unconsciously, but most of us are content - [No move on Interest Rates again](https://www.oceanhomeloans.com.au/no-move-on-interest-rates-again/) - The final meeting of the Reserve Bank for 2015 produced no surprises as the Board made the decision to keep interest rates on hold. The official cash rate continues to stand at an all time low of 2%. Looking back on the past year, it's been nothing but good news for the Australian housing market. - [Housing Affordability, what's our new PM's stance?](https://www.oceanhomeloans.com.au/housing-affordability-whats-our-new-pms-stance/) - On 15 September 2015 Malcolm Turnbull was sworn in as Prime Minister, signalling a new era for the Liberal leadership and this may lead to a different approach to the issue of housing affordability. There could also be a fundamental shift in the way the government addresses economic issues, with the Turnbull government set to - [5 Tips to help get your home loan application approved](https://www.oceanhomeloans.com.au/5-tips-to-help-get-your-home-loan-application-approved/) - Buying your dream home is exciting, so the last thing you want is for your home loan application to be held up. While many factors are considered in assessing an application, showing stability and consistency is key for lenders to determine whether you will be able to repay the loan. But sometimes what's happening in - [Buy, Sell or Wait: When to make your Property Market Move](https://www.oceanhomeloans.com.au/buy-sell-or-wait-when-to-make-your-property-market-move/) - As we approach the end of the year, the so-called 'property bubble' identified by some commentators remains, though there are signs the property market could be easing. In Sydney and Melbourne, demand remains strong and housing prices continue to rise, but it's a slightly different story in some other states, such as South Australia, and - [Do you have Troublesome Tenants in your Investment Property?](https://www.oceanhomeloans.com.au/do-you-have-troublesome-tenants-in-your-investment-property/) - Most tenants are reliable, but if you own an investment property, chances are you'll encounter at least one bad renter. From failing to pay rent through to causing damage or conducting criminal activity, these tenants can harm your return on investment. It can be stressful when things go wrong, but try to stay calm and - [How to Choose a Home Loan Term](https://www.oceanhomeloans.com.au/how-to-choose-a-home-loan-term/) - Some people pay off their home loan in record time, while others take 30 years. Which is better? Deciding on the length of your mortgage term is an important decision because it can significantly affect the amount of interest you pay, as well as have implications for equity and cash flow. With a shorter-term loan - [RBA hails 2016 in with no change to interest rates](https://www.oceanhomeloans.com.au/rba-hails-2016-in-with-no-change-to-interest-rates/) - The RBA Board, refreshed after the holiday break, has chosen a gentle approach to welcoming in the new year by keeping interest rates on hold at a record low of 2%. Most economists believe that rates will remain unchanged for the foreseeable future, which means that many who put buying or selling low on their - [Pay off your Mortgage or start Property Investing?](https://www.oceanhomeloans.com.au/pay-off-your-mortgage-or-start-property-investing/) - Instead of waiting to pay off your first home, why not invest now? Property investing provides a good opportunity to build wealth, but it is not for everyone. If you answer ‘yes’ to the following questions, chances are that investing in a property might be a good fit for you. Do you have a high - [4 Reasons why you should use a Mortgage Broker in 2016](https://www.oceanhomeloans.com.au/4-reasons-why-you-should-use-a-mortgage-broker-in-2016/) - The start of a new year is a great time to review your finances. Engaging a mortgage broker now will give you a window of time to figure out what processes and practices you can improve upon. Do you need advice on your home loan? Are you getting the best possible mortgage rates and terms? - [Is it time for a home loan review?](https://www.oceanhomeloans.com.au/is-it-time-for-a-home-loan-review/) - The spring and summer selling season is starting to slow, home loan interest rates are at record lows - banks are now looking at a slow rise in rates, due to regulatory changes that will make our financial institutions amongst the strongest in the world, so there ever been a better time to perform a - [Once again no movement in Interest Rates](https://www.oceanhomeloans.com.au/once-again-no-movement-in-interest-rates/) - It's the first Tuesday of the month, and that means that the members of the Reserve Bank of Australia have met over lunch to discuss the official interest rates. Today (and as predicted by the majority of Australian economists) the members have decided to keep rates on hold at a record low of 2%, which - [Interest Rates stay at 1.5% - Property Market still Buoyant](https://www.oceanhomeloans.com.au/interest-rates-stay-at-1-5-property-market-still-bouyant/) - There was no spring-cleaning happening at the Reserve Bank of Australia. As expected, the Board decided to keep official interest rates on hold at the record low 1.5%pa. Nevertheless, dusting off the cobwebs after winter always brings a sprightly step into the housing market. The psychology of spring is one of change - from diets - [RBA holds interest rates steady at 1.5%pa](https://www.oceanhomeloans.com.au/rba-holds-interest-rates-steady-at-1-5pa/) - Neither up nor down - the official cash rate is, well, neutral. This is the 12th month in a row the RBA hasn't moved on record low interest rates of 1.5%pa, and there are signs they will hold steady for the foreseeable future. Although we are deep in the winter months, the usual quiet that - [How home loan redraw works and why it’s a handy loan feature](https://www.oceanhomeloans.com.au/how-home-loan-redraw-works-and-why-its-a-handy-loan-feature/) - It’s one of the less glamorous home loan features, but the redraw facility deserves a second look. Here’s why: The redraw facility explained A redraw facility lets you make additional repayments to reduce your variable rate mortgage balance and save on interest. If you pay more than your minimum scheduled repayments, then you’ll have money - [RBA Still on Hold - Interest Rates Remain at 1.5%](https://www.oceanhomeloans.com.au/rba-still-on-hold-interest-rates-remain-at-1-5/) - No doubt the Reserve Bank of Australia's lunchtime meeting on the first Tuesday of every month is more exciting than the announcement that is made at 2:30pm. However, from an outsider's point of view, it seems not much has happened during their regular gathering as official interest rates remain on hold for the 8th month - [Get your Investment Property in Shape](https://www.oceanhomeloans.com.au/get-your-investment-property-in-shape/) - Looking for a tenant for your investment property? Thinking of selling? The lead-up to spring is great time to do repairs and maintenance. Here's a short checklist. A landlord has to provide a safe and livable property for tenants. The best time to do a thorough maintenance check of your investment property is before new - [What's Hot in Property](https://www.oceanhomeloans.com.au/whats-hot-in-property/) - The property market is dynamic, with trends changing from week to week. Here’s what people are talking about right now. This may lead to a shift in the way the government addresses economic issues, with the Turnbull government set to be "a thoroughly Liberal government committed to freedom, the individual and the market." At the - [RBA keeps Interest Rates on hold at record low](https://www.oceanhomeloans.com.au/rba-keeps-interest-rates-on-hold-at-record-low/) - It's the first Tuesday of the month, and that means that the Reserve Bank of Australia (RBA) has met to determine its June interest rates policy. Following their decision to cut rates to a record low-level of 1.75% in May, members have chosen the 'steady as she goes' option, keeping rates on hold. This continues - [What is the Right Home Loan for Renovations](https://www.oceanhomeloans.com.au/what-is-the-right-home-loan-for-renovations/) - You’ve been dreaming of that new kitchen and dining room for as long as you can remember, and now the time has come to put your plans in motion. But do you really have the budget to afford the works? Here are a few things to consider about which home loan is right for you - [3 Questions to Ask Before you Refinance your Home Loan](https://www.oceanhomeloans.com.au/3-questions-to-ask-before-you-refinance-your-home-loan/) - The home loan market is constantly changing, with new and attractive deals coming up all the time. Refinancing can help you secure a more competitive interest rate, access the equity in your home, add features (such as an offset account) or consolidate your debts, but there are some important questions to consider before you get - [Studies show that Investing in Property makes Money](https://www.oceanhomeloans.com.au/studies-show-that-investing-in-property-makes-money/) - If there’s any doubt in your mind about the value of property as a creator of wealth, new research from CoreLogic RP Data has found that you can’t go past real estate when looking for a profitable long-term investment. Researchers used an automated valuation process to obtain current real estate valuation estimates, and from there - [6 things to avoid when selling your property](https://www.oceanhomeloans.com.au/6-things-to-avoid-when-selling-your-property/) - If selling your property was an exam, scoring 100 per cent would bring the reward of less stress and more money. Here’s a cheat sheet of mistakes to avoid in order to pass your exam with flying colours! Don’t Wrongly Price Your Property Over-pricing or under-pricing is a common mistake that occurs when property owners - [Interest rates fall to a record low of 1.75%](https://www.oceanhomeloans.com.au/interest-rates-fall-to-a-record-low-of-1-75/) - The economist's predictions were split - and now we know. It seems as though May is the month for rate cuts, as one year ago was the last time we saw a movement in interest rates. Then it was cut to a record low 2.00% - today, Reserve Bank of Australia has applied a further - [How Property Investors Slash their Tax Bill](https://www.oceanhomeloans.com.au/how-property-investors-slash-their-tax-bill/) - With some research, preparation and expert advice, smart property investors can turn an ordinary tax return into one that will help kick off the new financial year with a smile, here we list five different deductions that you can consider, but remember, always seek out professional tax advice. [spacer] Claim every allowable expense There are - [6 Questions Mortgage Brokers Get Asked](https://www.oceanhomeloans.com.au/6-questions-mortgage-brokers-get-asked/) - Over the years as mortgage brokers we’ve fielded thousands of questions by clients on all things home loan, so we thought we’d put together a list of our six most commonly asked questions. Can I pay off my loan early? Paying off your loan early can save you thousands of dollars in interest repayments, however some - [What to Consider when Buying a Second Property](https://www.oceanhomeloans.com.au/what-to-consider-when-buying-a-second-property/) - Buying your own home remains the great Australian dream – and purchasing a second property may help you take your wealth further. Whether you're building your property investment portfolio, buying a holiday house, upgrading or supporting a family member, there are plenty of things to think about before you take that all important next step. - [No surprises as interest rates remain on hold again](https://www.oceanhomeloans.com.au/no-surprises-as-interest-rates-remain-on-hold-again/) - Of the 24 economists polled, all predicted today's outcome - the RBA has settled into a holding pattern, with official cash interest rates remaining on 2%. The Australian economy has had some great news of late - business credit has expanded, showing more confidence in commercial markets. Personal credit is down, with many households making - [What to be aware of when buying an Off the Plan Investment Property](https://www.oceanhomeloans.com.au/what-to-be-aware-of-when-buying-an-off-the-plan-investment-property/) - The rise of new apartment developments in our cities provides greater opportunities for potential home owners to buy an off the plan investment property. There are benefits to this, but also a number of issues to be mindful of. We look at some of the things to consider when buying off the plan. The benefits - [Do discount Interest Rates really save you money?](https://www.oceanhomeloans.com.au/do-discount-interest-rates-really-save-you-money/) - Don’t jump at special home loan deals where the interest rates are low until you have read the fine print. Introductory offers, no rate products and percentage discounts are a popular way for lenders to generate interest in their products, but they don’t necessarily lead to a cheaper home loan overall. You may find that - [5 Questions the First Home Buyer should ask](https://www.oceanhomeloans.com.au/5-questions-the-first-home-buyer-should-ask/) - As a first home buyer, you may be asking friends and family who have already bought a first home what to consider before diving in. Here are five questions to ask yourself to see if you are truly ready. Is it the right time? Moving house can be stressful and time-consuming, so consider whether it's - [What you Need to Know about Home Loan Refinancing](https://www.oceanhomeloans.com.au/what-you-need-to-know-about-home-loan-refinancing/) - A home loan is generally a long-term proposition, but in some situations it can make sense to refinance your mortgage. Read this guide to the home loan refinancing process, and speak to your broker, before deciding whether it’s right for you. Refinancing involves taking out a new mortgage and using those funds to pay off - [No Movement as Interest Rates Stay on Hold at 1.75%](https://www.oceanhomeloans.com.au/no-movement-as-interest-rates-stay-on-hold-at-1-75/) - While the country is still distracted by uncertain election results, the RBA has voted for consistency, keeping the official interest rates on hold at the all-time low of 1.75%. RBA Comfortable with Interest Rates This came as no surprise, with the chief economist of AMP Capital, Shane Oliver stating in advance that the RBA had - [RBA stays on the fence - interest rates remain on hold](https://www.oceanhomeloans.com.au/rba-stays-on-the-fence-interest-rates-remain-on-hold/) - It's no surprise that the Reserve Bank of Australia has decided to keep interest rates on hold - the 'steady as she goes' attitude was predicted by economists leading up to the board's monthly meeting. This is partly because the RBA is driving a supportive environment for business development, partially because inflation remains within their - [Mortgage Broker or Bank Lending Manager - Who would you use?](https://www.oceanhomeloans.com.au/mortgage-broker-or-bank-lending-manager-who-would-you-use/) - You are ready to apply for a home loan but are unsure whether to use a mortgage broker or head straight to your bank, the latter could prove to be a costly mistake in the long run. There are many reasons why you’re better off using a finance broker when looking for your home loan, - [9 Tips to set you on the path to Investment Property Success](https://www.oceanhomeloans.com.au/9-tips-to-set-you-on-the-path-to-investment-property-success/) - Many of those just commencing their journey in investment property fail to fully realise the necessity of managing risk, managing risk is one of the key reasons so many property investors are forced to sell before they intend to, frequently at a loss after selling costs are taken into account. So having the right tools, - [Interest Rates To fix or not to fix - that IS the question](https://www.oceanhomeloans.com.au/interest-rates-to-fix-or-not-to-fix-that-is-the-question/) - Mortgage holders have never had it so good, the last rise in interest rates was in November 2010 - since then, rates have slowly dropped to what is today an historic low cash rate of 2.50%. The majority of economists expect 2014 to be a year ‘on hold’ with most predicting the only way is - [The rise of Apartment living - an Investment Property opportunity](https://www.oceanhomeloans.com.au/the-rise-of-apartment-living-an-investment-property-opportunity/) - Astute investors are finding that apartments are now the ideal way of entering into the world of investment property, there was a time when the Australian dream was to own a house with its own block of land. A place where the kids play in the garden while mum hangs out the washing and dad - [How do you find the ideal tenants for your rental property?](https://www.oceanhomeloans.com.au/how-do-you-find-the-ideal-tenants-for-your-rental-property/) - We’ve all heard the horror stories - tenants ends up trashing a rental property then leave with no forwarding address. Don’t panic - the vast majority of tenants are trustworthy. However, ‘Tenants From Hell’ are out there - and it’s the last thing you need as a landlord. Here are some tips to ensure a - [Taking the stress out of Home Loan applications](https://www.oceanhomeloans.com.au/taking-the-stress-out-of-home-loan-applications/) - The thought of completing a home loan application may seem overwhelming, but it doesn't have to be a stressful process. As with many things in life, a little preparation goes a long way. Home finance applications need not be a daunting thought! During the application process there are a few things you can expect to - [A well maintained Investment Property is a must](https://www.oceanhomeloans.com.au/a-well-maintained-investment-property-is-a-must/) - Renovating your investment property might seem a little bit unnecessary as an investor because you don't get to take advantage of the outcome by living in the home personally. After all, a properly maintained property will not only ensure that you have contented tenants but may also increase the return from your investment. Upgrading your existing - [Fixed or Variable Rates - but why not a Split Rate Loan](https://www.oceanhomeloans.com.au/fixed-or-variable-rates-but-why-not-a-split-rate-loan/) - If you've been thinking about securing a home loan, now is a great time thanks to interest rates sitting at historic lows, though a critical aspect to consider is whether it's better to take out a fixed, variable or split rate loan. This can have a significant impact on the amount of money you pay - [Getting your Finances ready - A Home Loan Pre Approval](https://www.oceanhomeloans.com.au/getting-your-finances-ready-a-home-loan-pre-approval/) - Getting a home loan pre approval before you start looking for your first or next property purchase will give you the confidence to allow you to find that property without the worry and second guessing that comes from financial uncertainty. Seeking a home loan pre approval is a great way to put yourself ahead of - [How a Guarantor Home Loan can help you enter the Property Market](https://www.oceanhomeloans.com.au/how-a-guarantor-home-loan-can-help-you-enter-the-property-market/) - Struggling to save enough to buy a property? You may want to ask your family if they can provide a helping hand in the form of a family guarantee loan. This is when the equity in a family member’s home is used as security on your loan. Also known as a family pledge or guarantor - [The Ultimate Guide to Home Loan Pre-Approval](https://www.oceanhomeloans.com.au/the-ultimate-guide-to-home-loan-pre-approval/) - When it comes to shopping for a property, a home loan pre-approval can give you the winning edge. It shows real estate agents that you are serious about buying a home and it places you in a good position to move quickly and get your finances sorted ahead of other buyers. Although it is not - [What are the latest First Home Owner Grant Schemes?](https://www.oceanhomeloans.com.au/what-are-the-latest-first-home-owner-grant-schemes/) - Here is the latest information for the First Home Owner Grant (FHOG) by respective states. NSW First Home Owner Grant The NSW state government offers a $15,000 grant for first-home owners who purchase or build a new property valued at up to $650,000. The FHOG was available until December 31, 2013, reducing to $10,000 from January - [Have you Selected your Investment Property Dream Team](https://www.oceanhomeloans.com.au/have-you-selected-your-investment-property-dream-team/) - There are many things that can lead to investment property success, but the most successful property investors know the importance of building a team of reliable industry professionals around them, and developing this team over time. When you think of all of the individuals and professionals you’ll enlist in your property investing career – from - [Another record low as interest rates fall to 1.50%](https://www.oceanhomeloans.com.au/another-record-low-as-interest-rates-fall-to-1-50/) - In the lead-up to the Rio Olympics, a new Australian record has already been shattered, with the RBA once again cutting official interest rates from the historic low of 1.75% to an all-time low of just 1.50%. This is on the back of the fact that the Australian property market remains strong. Knight Frank's Australian - [Product Focus - Refinancing](https://www.oceanhomeloans.com.au/product-focus-refinancing/) - Have you ever considered a refinance of your home loan? Refinancing your loan is literally paying off your existing home loan and replacing it with another. If it reduces your mortgage payment, shortens the term of your loan or helps you build equity more quickly, it can be a good idea. However, tread carefully and - [Self-Employed - a Low Doc Home Loan could be the answer](https://www.oceanhomeloans.com.au/self-employed-a-low-doc-home-loan-could-be-the-answer/) - For many Australians, self employment can allow flexibility and more freedom. However, a drawback for some self-employed individuals is the difficulty in obtaining a home loan, this is where a low doc home loan may be the answer. With many lenders tightening their credit policies, borrowing can become tricky, especially for the self-employed. For the - [Product Focus - Basic Variable Home Loans](https://www.oceanhomeloans.com.au/product-focus-basic-variable-home-loans/) - Basic variable home loans are stripped down versions of standard variable home loans. They offer certain advantages over standard loans, mainly a lower rate of interest and hence lower monthly payments, an important consideration for many borrowers. Typically, basic variable home loans offer significant savings over the life of the loan, often an interest rate - [A Simple Home Loan Mortgage Reduction Technique](https://www.oceanhomeloans.com.au/a-simple-home-loan-mortgage-reduction-technique/) - With a variety of mortgage reduction techniques available, simple, low-risk fortnightly repayments could prove to be a very effective way to help you reach financial freedom sooner Whilst line of credit mortgages can be very effective, it is often only the well-disciplined who will reap the rewards. A simple solution to reach the goal of - [No deposit home loan? Three ways to invest in property now](https://www.oceanhomeloans.com.au/no-deposit-home-loan-three-ways-to-invest-in-property-now/) - You may find it difficult to get your property portfolio off the ground if you have trouble saving and you are in need of a no deposit home loan. But don’t despair; if you’re not able to generate your deposit through cash savings there are still ways to speed up the process of getting into - [Why choose an interest only investment mortgage](https://www.oceanhomeloans.com.au/why-choose-an-interest-only-investment-mortgage/) - An interest only investment mortgage could be the ideal solution for investors looking to maximise their cash flow while boosting the tax efficiency of their investment property. Paying nothing but interest on a mortgage may sound foolish, but it is the preferred loan product for property investors. The property market is currently offering strong returns - [First Time Home Buyers - Should you Build New or Buy Established?](https://www.oceanhomeloans.com.au/first-time-home-buyers-should-you-build-new-or-buy-established/) - As first time home buyers there is always that nagging question, should you build new or purchase an established property. Each option has its good points and bad points, as first time buyers you'll want to keep these front of mind as you make one of the most important financial decisions of your life. Pros - [Product Focus – Line of Credit Loan](https://www.oceanhomeloans.com.au/product-focus-line-of-credit-loan/) - If you have built up some equity in your home or investment property, a line of credit loan (LOC) may be a great way for you to access that equity. So, what is a line of credit mortgage? It is similar to a normal home loan in that you will need to apply and qualify - [Buying a bargain from the bank - mortgagee sales](https://www.oceanhomeloans.com.au/buying-a-bargain-from-the-bank-mortgagee-sales/) - Repossessed properties can be the bargains investors are looking for. Repossessed properties, more commonly known as mortgagee sales can present a prime opportunity for people to buy into high-growth markets at a lower price. When a homeowner stops making mortgage payments, the bank or lender has the power to take possession of that property – - [Self Employed Home Loan - using add backs to incease your borrowing capacity](https://www.oceanhomeloans.com.au/self-employed-home-loan-using-add-backs-to-incease-your-borrowing-capacity/) - When applying for a self employed home loan your taxable income isn’t the same as the actual income that can be used to assess your capacity to meet your commitments, including the repayments for any new loans, therefore some lenders add back any expenses incurred that reduced your taxable income. By adding back expenses you - [When and why would I need a relocation home loan](https://www.oceanhomeloans.com.au/when-and-why-would-i-need-a-relocation-home-loan/) - A relocation home loan, sometimes called a bridging loan is used when you need to buy one property before you have sold your current home. So for example your house is on the market, waiting for a keen buyer to snap it up, but it doesn’t quite happen as fast as you’d like. In the - [How to get a 95% home loan for a discharged bankrupt](https://www.oceanhomeloans.com.au/how-to-get-a-95-home-loan-for-a-discharged-bankrupt/) - It is a widely held belief, that a discharged bankrupt can only apply for a home loan up to 80% of the value of the property, this is totally incorrect, there are lenders who will lend up to 95% of the value of the property, even if you have only been discharged for as little - [Interest Rates Remain on Hold with no Movement in Sight](https://www.oceanhomeloans.com.au/interest-rates-remain-on-hold-with-no-movement-in-sight/) - "Stable and unwavering." Not a campaign slogan, although it could be the current motto of the Reserve Bank of Australia's monthly meetings to discuss the official cash rate. Once again, the board has chosen to keep interest rates on hold with no movement on 1.5%pa since August last year. Although officially winter, the Australian economy - [How an Offset Account Could Cut Years off your Home Loan](https://www.oceanhomeloans.com.au/how-an-offset-account-could-cut-years-off-your-home-loan/) - Looking for ways to pay off your mortgage in record time? Whether you’re a seasoned investor or buying your first home, an offset account can help you reduce interest payments, save on tax and pay your mortgage off years ahead of schedule, read on to see how it works and how you can reap the - [3 ways to be tax smart and how to save on your investment property](https://www.oceanhomeloans.com.au/3-ways-to-be-tax-smart-and-how-to-save-on-your-investment-property/) - It's that time of year again! If you have an investment property or not, don't let your tax return get you down, there are lots of clever ways to save money on your tax bill. Find an accountant Accountants can have a better understanding of specific tax laws to make sure you get the best - [6 Tips for Wealth Creation](https://www.oceanhomeloans.com.au/6-tips-for-wealth-creation/) - Whether you dream of being a millionaire or just wish you had more money, there are actions you can take to set you on the path to wealth creation, here are the top tips most commonly recommended by experts. Be clear about what you want Create a list of goals, things you want to - [Finding a home loan when you’re self-employed](https://www.oceanhomeloans.com.au/finding-a-home-loan-when-youre-self-employed/) - There are many perks to working for yourself, but when it comes to applying for a home loan, it seems being your own boss sends up a red flag to banks and other lenders. Why? A salaried employee has a regular, steady income and is less likely to experience the cash flow volatility of a - [Types of Home Loans 101](https://www.oceanhomeloans.com.au/types-of-home-loans-101/) - There are a range of home loans available in Australia, so it can be hard to understand their features and whether they are right for you. This guide explains all you need to know. Variable loans Variable loans are loans that are subject to interest rate fluctuations. Whenever your bank increases or decreases interest rates, - [How to win Home Loan approval](https://www.oceanhomeloans.com.au/how-to-win-home-loan-approval/) - Banks are tightening their lending criteria, which means it has become more important than ever to understand how to boost your chances of getting your home loan approved. As your mortgage broker it is our job to monitor the changing environment and understand how this impacts our clients, which is why we have compiled these - [No Movement on Interest Rates this month](https://www.oceanhomeloans.com.au/no-movement-on-interest-rates-this-month/) - The Reserve Bank of Australia (RBA) has met today to decide its September monetary policy decision in what is governor Glen Stevens' last rate day. Following the decision to cut interest rates to a record low-level of 1.5% in August, members have decided to now keep rates on hold, continuing the spate of good news - [10 Tips for Paying off your Home Loan sooner](https://www.oceanhomeloans.com.au/10-tips-for-paying-off-your-home-loan-sooner/) - Wondering how to pay off your mortgage sooner? We look at some things you could do. Australian home loan interest rates remain at historic lows, and the opportunities for paying off a mortgage early are better than ever. Used in conjunction with low rates, here are some extra steps that can speed up loan repayments - [Five things to consider when interest rates are low](https://www.oceanhomeloans.com.au/five-things-to-consider-when-interest-rates-are-low/) - Favourable interest rates are a borrower's best friend, but should you lock in a low rate or go with a variable rate? Here are five things to consider. How low can interest rates go? With rates at historically low levels and the current outlook suggests there may be further cuts in the medium-term future. If - [Another month with no movement in Interest Rates](https://www.oceanhomeloans.com.au/another-month-with-no-movement-in-interest-rates/) - The Reserve Bank of Australia (RBA) has met today to decide its October monetary policy decision in what is governor Phillip Lowe's first-rate day. Following the decision to cut interest rates to a record low-level of 1.5% in August, members have again decided to keep rates on hold, affirming the RBA's message of stability, and - [Is it a good idea to manage your own investment property?](https://www.oceanhomeloans.com.au/is-it-a-good-idea-to-manage-your-own-investment-property/) - There are advantages and disadvantages to managing your own investment property, let’s look at why you may want to do it yourself and why you might hire a professional. Buying an investment is a major commitment. A key decision for many investors is whether to manage it themselves or to hire a property manager. The - [Melbourne Cup interest rates decision - on hold at 1.5%](https://www.oceanhomeloans.com.au/melbourne-cup-interest-rates-decision-on-hold-at-1-5/) - The Reserve Bank of Australia (RBA) has met today to decide upon the November monetary policy, and although The Melbourne Cup and RBA rate movements have been closely linked in recent years the board has decided to keep interest rates at a record low level of 1.5%. To many, the decision today involved weighing up - [Final RBA Meeting of the Year Keeps Interest Rates on Hold](https://www.oceanhomeloans.com.au/final-rba-meeting-of-the-year-keeps-interest-rates-on-hold/) - The Reserve Bank of Australia (RBA) has met today for the last time in 2016 to decide its final monetary policy decision of the year. Their meeting has seen the board provide mortgage holders an early present by keeping interest rates on hold at a record low level of 1.5%. This was no surprise to - [6 Home Loan Features You Need to Know](https://www.oceanhomeloans.com.au/6-home-loan-features-you-need-to-know/) - You wouldn’t buy a car without considering features like parking sensors, cruise control and Bluetooth, just as you wouldn’t choose a home loan without taking into account its features. The trick is deciding what will add value, and what you can do without. Some features offer potential savings, while most others provide the certainty of - [Which Self-Employed Home Loan to choose?](https://www.oceanhomeloans.com.au/which-self-employed-home-loan-to-choose/) - You’re self-employed and you need a home loan. Should you take out a low doc loan or would a traditional loan be a better choice? The answer depends on your individual situation. Both options have pros and cons, just as every lender has different lending policies and some are more open to receiving self-employed home - [Why Location is Crucial when Buying an Investment Property](https://www.oceanhomeloans.com.au/why-location-is-crucial-when-buying-an-investment-property/) - The first thing most of us look at when selecting an investment property is its location. If the property itself isn’t quite right, you can always renovate, but it’s not as easy to move a house to a better location. That’s why you should consider the location carefully. Here are some of the most important - [The RBA rings in 2017 with no changes to Interest Rates](https://www.oceanhomeloans.com.au/the-rba-rings-in-2017-with-no-changes-to-interest-rates/) - New year, new you? Well, certainly not new interest rates - the first Reserve Bank meeting for 2017 saw a resounding 'hold', with rates remaining at the record low of 1.5%, as predicted by all 14 economists surveyed. But there's a lot that can change for motivated mortgage holders. Like consolidating debt. Refinancing your mortgage - [6 Winning Strategies for a Property Auction](https://www.oceanhomeloans.com.au/6-winning-strategies-for-a-property-auction/) - A Property auction can be very competitive and stressful for most bidders. Here are six smart strategies that could improve your chances of winning. Don’t show your hand Revealing your maximum bid limit to the agent before the auction could encourage them to push you a little further. For example, during the auction the agent might indicate - [No surprises as interest rates stay at 1.5%](https://www.oceanhomeloans.com.au/no-surprises-as-interest-rates-stay-1-5/) - The Reserve Bank of Australia (RBA) has met today, and their decision has seen the board keep interest rates on hold at a record low-level of 1.5% for the sixth consecutive meeting. This was no surprise to experts; all 24 economists polled by Bloomberg predicted the decision, one they believe is intended to encourage sustainable - [How to Pay off your Home Loan Sooner](https://www.oceanhomeloans.com.au/how-to-pay-off-your-home-loan-sooner/) - Are you looking for ways to save on your home loan? Following these simple tips will put you on the path to paying off your loan sooner or if your goal is to purchase an investment property, creating equity from which you can draw on. Increase your repayment amounts The simplest way to pay off - [7 Steps to Purchasing an Investment Property](https://www.oceanhomeloans.com.au/7-steps-to-purchasing-an-investment-property/) - If you’re interested in purchasing an investment property, it can be hard to know where to start. Here are seven tips to help get the ball rolling: Make a plan and stick to it The property itself isn’t the end goal, you’re likely looking to make a profit. Once you know your end goal, create - [Steady as she goes - RBA keeps interest rates on hold](https://www.oceanhomeloans.com.au/steady-as-she-goes-rba-keeps-interest-rates-on-hold/) - The first few months of 2017 has seen the RBA forming a holding pattern on interest rates - the cash rate remains at the record low of 1.5%. While economists speculate about when (and what) the next move will be, most expect there will be no change for quite some time, and there is even - [No movement as interest rates remain on hold](https://www.oceanhomeloans.com.au/no-movement-as-interest-rates-remain-on-hold/) - There was no movement at the station - the monthly meeting of the Reserve Bank of Australia today produced no surprises, as the Board left the official cash rate on hold at a record low 1.5%. In fact, it's expected that interest rates will most likely remain in a holding pattern for the near future. ## Pages - [Gold Coast Home Loan Mortgage Brokers](https://www.oceanhomeloans.com.au/) - Expert Gold Coast Mortgage Brokers. Ocean Home Loans Mortgage Specialists know how to get your Home, Investment, Construction or Refinance Approved! - [Internal Disputes Resolution Policy](https://www.oceanhomeloans.com.au/internal-disputes-resolution-policy/) - We aim to provide the very best service for our clients. In the event that you are unhappy regarding any part of our service, our internal dispute resolution process provides that your complaint will be handled efficiently, honestly and fairly. Bradley John Kirwan is authorised as a credit representative (Credit Representative number 399051) to engage - [About Us - Ocean Home Loans Mortgage Brokers](https://www.oceanhomeloans.com.au/about-us/) - Use the Experience & Knowledge of an Expert Mortgage Broker to make sure you get your home loan approved, we take the hassle out of applying for a home loan. - [Partners](https://www.oceanhomeloans.com.au/partners/) - Our Business partners, Ocean Home Loans Expert Mortgage Brokers can recommend to you. Let us introduce you. - [Connections](https://www.oceanhomeloans.com.au/connections/) - Web Directory Directory World Loans Directory Allthewebsites Directory - A niche web directory offering website promotion and other webmaster resources. 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Commercial SMSF Loans: To 70% of the property value for non-specialised securities. - [Professional Package Home Loans - What is a Professional Package?](https://www.oceanhomeloans.com.au/home-loans/professional-package-home-loans/) - Professional Package Home Loans are a type of home loan that cater to people who are borrowing a larger amount of money, usually over $250,000. An annual fee of $300 to $400 depending upon the lender and in return they will offer substantial interest rate discounts. Call today to find out which lender is the cheapest? - [Basic Home Loans - What Makes it Basic?](https://www.oceanhomeloans.com.au/home-loans/basic-home-loans/) - Basic home loans are a type of loan that offer less flexibility and in return offer a lower ongoing interest rate, lower or no ongoing fees and often a reduced or nil application fee. The basic home loan has minimal features and normally wouldn’t come with an offset account. - [Stamp Duty Calculator - Calculate how much Stamp Duty to Pay](https://www.oceanhomeloans.com.au/stamp-duty-calculator/) - Stamp Duty rates apply to the state where the property is located, whether you are going to live in the property, rent it out or if you are a first time buyer, try out our calculator that takes into consideration all of these factors and provides you with the answers you need today. - [Split Rate Loan Calculator - Calculate your Savings](https://www.oceanhomeloans.com.au/split-loan-calculator/) - Need to know how much you could save if you applied for a Split Rate Home Loan or a Combination Rate Home Loan? Try out our Split Rate Loan Calculator that allows you to enter any combination of variable and fixed rate portions for your mortgage. - [Property Selling Costs Calculator](https://www.oceanhomeloans.com.au/property-selling-costs-calculator/) - Need to know what it costs to sell a property? Try out our Property Selling Costs Calculator that will allow you to see what your selling costs are. - [Property Buying Costs Calculator](https://www.oceanhomeloans.com.au/property-buying-costs-calculator/) - Need to know what the costs of buying a property will be? Try out our Property Buying Costs Calculator that allows you to see what the costs of buying a property are. - [Loan Repayment Calculator - Calculate your Loan Repayment](https://www.oceanhomeloans.com.au/loan-repayment-calculator/) - Need to know how much your weekly, fortnightly or monthly mortgage repayments will be? This calculator lets you know what your loan repayments will be for your mortgage. Calculate weekly fortnightly or monthly home loan repayments. - [Loan Comparison Calculator - Compare Two Loan Scenarios At The Same Time](https://www.oceanhomeloans.com.au/loan-comparison-calculator/) - Need to know what the difference in repayments would be for two home loans with different interest rates? Compare different home loan and mortgage interest rates & repayments with our free loan comparison calculator & find out which one will save you the most money. - [How Much Can I Borrow - Calculate your borrowing power!](https://www.oceanhomeloans.com.au/borrowing-capacity/) - A calculator that lets you know what your borrowing capacity is for a mortgage. Use this to calculate how much you can borrow for your home or investment loan. - [Site Map](https://www.oceanhomeloans.com.au/site-map/) - A List of all the pages on the Ocean Home Loans Expert Gold Coast Mortgage Broker Website. - [Privacy Policy](https://www.oceanhomeloans.com.au/privacy/) - Our Commitment to You At Ocean Home Loans, your privacy is important to us. We understand that the information you provide to us is personal. - [Bad Credit Home Loans - What is a Bad Credit Home Loan?](https://www.oceanhomeloans.com.au/home-loans/bad-credit-home-loans/) - Bad Credit Home Loans also known as non-conforming loans, credit impaired loans or specialist loans, are mortgage loans for borrowers who may have unique financial circumstances which mean they are unlikely to meet or conform to the rules of traditional home loan lenders. - [Investment Home Loans - Maximise Your Borrowing Capacity](https://www.oceanhomeloans.com.au/home-loans/investment-home-loans/) - Looking for the Best Investment Property Home Loan? Find the Right Investment Home Loan and Maximise your Borrowing Capacity By using an Expert Mortgage Broker. Looking to grow your property portfolio? Let Ocean Home Loans Compare the lowest Investment property loan rates for you. - [First Home Buyer Home Loans - Which Home Loan Is Right For Me?](https://www.oceanhomeloans.com.au/home-loans/first-home-buyer-home-loans/) - With many different home loans available, finding a loan that is suitable for you as a first home buyer is not that easy, there are a range of home loans available that may save you money, provide greater flexibility and peace of mind. Let Ocean Home Loans compare all the available First Home Buyer mortgages for you. - [Family Pledge Guarantor Home Loans - How to get a No Deposit Home Loan](https://www.oceanhomeloans.com.au/home-loans/family-pledge-guarantor-home-loans/) - Family pledge guarantor home loans are now one of the only ways to borrow the full purchase price of a home, true No-deposit mortgages are no longer available, however with the help of a guarantor you can borrow over 100% of the purchase price which will allow you to buy a home and pay for purchasing costs - [Home Loans for Doctors & Medical Professionals](https://www.oceanhomeloans.com.au/home-loans/home-loans-for-doctors/) - Home Loans for Doctors are specialised home loans for doctors & medical professionals that offer a range of attractive discounts, including waived fees, lower interest rates, higher loan-to-value ratios (LVRs) and the ability to avoid lenders’ mortgage insurance (LMI) payments. - [Fixed Interest Rate Home Loans - Should I Fix my Home Loan?](https://www.oceanhomeloans.com.au/home-loans/fixed-interest-rate-home-loans/) - Fixed interest rate home loans are home loans that lock in the interest rate of your home loan so that your repayments don't change for the period selected. Fixed rate home loans are normally between 1 - 5 years and give you mortgage repayment certainty. Let Ocean Home Loans find the right Fixed Rate Home Loan for you. - [Self Employed Home Loan - What makes you Different?](https://www.oceanhomeloans.com.au/home-loans/self-employed-home-loans/) - Home Loans for the Self-Employed, whether you are a sole trader, company, partnership or trust, are you looking for a home loan & Self employed? Use an Expert Gold Coast Mortgage Broker to get you the best home or investment loan for your particular circumstances. - [Lo Doc Home Loans - Simpler loans for the self-employed](https://www.oceanhomeloans.com.au/home-loans/lo-doc-home-loans/) - Lo Doc Home Loans are a simpler mortgage finance solution for self-employed people who have income and assets, but are unable to provide the required financial statements or tax returns at the time of application, they are usually approved on the basis of self-declaring the income derived from their business. - [Construction Home Loans - Building your Home or Investment Property](https://www.oceanhomeloans.com.au/home-loans/construction-home-loans/) - Building your dream home or want to build an Investment Home? Find out about the building loan process & how to get your construction mortgage approved. - [Split Rate Home Loans & Combination Rate Home Loans](https://www.oceanhomeloans.com.au/home-loans/split-and-combination-rate-home-loans/) - Split Rate Home Loans, sometimes referred to as Combination Rate Home Loans or blended loans, allow borrowers to split their home loan into partly fixed and variable portions. This provides borrowers with the flexibility of a variable mortgage product and added certainty of a fixed rate loan. - [Offset Account Home Loans - Pay Your Loan Off Sooner](https://www.oceanhomeloans.com.au/home-loans/100-offset-account-home-loans/) - Offset account home loans can save you thousands in interest & help you pay your home loan off quicker. Talk to an Ocean Home Loans Mortgage Broker Today! - [457 Visa Home Loan for temporary Australian residents](https://www.oceanhomeloans.com.au/home-loans/457-visa-home-loan-for-temporary-australian-residents/) - Many temporary residents are led to believe that a 457 visa home loan is only available for up to 80% of the value of the property, this is totally incorrect, there are a range of lenders who will lend up to 95% of the value of the property. - [Refinance Home Loans - Which Home Loan Is Right For Me?](https://www.oceanhomeloans.com.au/home-loans/refinance-home-loans/) - With so many different refinance home loans on the market, finding the mortgage that is suitable for you is not as simple as it used to be. Home loans have become far more sophisticated in recent years, many mortgages have standard features like offset accounts, account splitting, fee free credit cards - [Testimonials](https://www.oceanhomeloans.com.au/testimonials/) - See what satisfied clients of Ocean Home Loans Expert Mortgage Brokers have said about our service and knowledge. - [Contact Us](https://www.oceanhomeloans.com.au/contact-us/) - Contact us at the Ocean Home Loans to speak to an expert mortgage broker. Let us find the best loan and cheapest interest rate for specific situation. - [Enquire Online](https://www.oceanhomeloans.com.au/enquire-online/) - Make an appointment with an Expert Gold Coast Mortgage Broker who can help you obtain the best Home Loan for your particular circumstances. - [Subscribe to My Blog](https://www.oceanhomeloans.com.au/subscribe-to-my-blog/) - [Mortgage Calculators](https://www.oceanhomeloans.com.au/mortgage-calculators/) - Free mortgage calculators to find out how much you can borrow, your home loan repayments, stamp duty & more. - [Disclaimer](https://www.oceanhomeloans.com.au/disclaimer/) - The material on this website is intended only to provide a summary and general overview on matters of interest. - [Home Loans](https://www.oceanhomeloans.com.au/home-loans/) - Expert Mortgage Brokers who can get Your Home Loan Approved. ## Testimonials - [James R, Burleigh Waters, QLD](https://www.oceanhomeloans.com.au/testimonial/james-r-burleigh-waters-qld/) - Brad from Ocean home loans is easily the best in the business when it comes to home loans. I was with someone else in the past but since changing to Brad I won’t go with anyone else. Found me the best rate possible, communication is great and his platform for onboarding is seem less. - [Sarah M, New Auckland, QLD](https://www.oceanhomeloans.com.au/testimonial/sarah-m-new-auckland-qld/) - I cannot speak highly enough of Brad from Ocean Home Loans! I am an ex bankrupt and tried to talk with a few brokers without much success or ridiculous deposit requirements! Brad helped me every single step of the way and his system is so streamlined and easy to use and understand! Long story short, - [Donna & Justin S, Cedar Grove, QLD](https://www.oceanhomeloans.com.au/testimonial/donna-justin-s-cedar-grove-qld-2/) - We have used Brad on three occasions now and that’s testament to how amazing he is Always doing the best for us, very helpful, and just great to deal with. Thanks so much Brad ?? - [Tim W, Spring Hill, QLD](https://www.oceanhomeloans.com.au/testimonial/tim-w-spring-hill-qld/) - Brad has helped me on 2 occasions over 8 yrs and is extremely competent, understanding and ensures the whole process is stress free - I highly recommend him - [Brett M & Eleanor M, Telina, QLD](https://www.oceanhomeloans.com.au/testimonial/brett-m-eleanor-m-telina-qld/) - Brad was fantastic to deal with, He set expectations and worked hard on our behalf to secure us a home loan. We will be working with Brad in the future. - [Nicola & Matt H, Tanah Merah, QLD](https://www.oceanhomeloans.com.au/testimonial/nicola-matt-h-tanah-merah-qld/) - We are so blessed & thankful to have had Brad from Ocean Home Loans support us through the whole process of buying our home. Brad really listened to what we wanted, he advised us on the best path forward & then worked his magic behind the scenes & made it all happen with minimal stress - [Jessica F & Todd C, Varsity Lakes, QLD](https://www.oceanhomeloans.com.au/testimonial/jessica-f-todd-c-varsity-lakes-qld/) - We could not recommend Brad enough. This is the 3rd time we have used Ocean home loans and that is testimony to his commitment to get us the best possible solution. This time we purchased a new build and we were thrown lots of challenges. It was great to have Brad in our corner. He - [Sarah & Ron D, Loganholme, QLD](https://www.oceanhomeloans.com.au/testimonial/sarah-ron-d-loganholme-qld/) - After having lost everything when my husband battled cancer coming out the otherside we had no idea what to expect or where to turn, we found ocean home loans on Google and never looked back, Brad has been amazing often going above and beyond with guidance and advice. He helped us navigate the task of - [Paul and Malai B, South Isis, QLD](https://www.oceanhomeloans.com.au/testimonial/paul-and-malai-b-south-isis-qld/) - Ocean Home Loans gets 5 stars because of all round excellence. Dealing with Brad has proven to us that really good service still exists. We gave Brad a challenge in that our past financial situation has not been that great. We asked him to help us get a home loan which he did and every - [Alissa & Jamie B, Nerang, QLD](https://www.oceanhomeloans.com.au/testimonial/alissa-jamie-b-nerang-qld/) - This is the second time we have used Brad and we wont be changing in the future, absolutely amazing. Makes everything so easy for us and has great connections with low interest loans. Definately recommend - [Lauren H, Pacific Pines, QLD](https://www.oceanhomeloans.com.au/testimonial/lauren-h-pacific-pines-qld/) - I can't thank Brad enough for his service and help that he provided me for my home loan. There was a few hurdles along the way but Brad always promptly advised me of updates and kept me informed. Brad went above and beyond for me and he managed to get me over the line for - [Tamarah & Chris L, Cedar Grove, QLD](https://www.oceanhomeloans.com.au/testimonial/tamarah-chris-l-cedar-grove-qld/) - My husband and I are extremely happy with the service Brad provided. He explained everything so clearly and helped us through the entire process of buying our dream property. We will definitely be seeking Brads advice and services in the future!! - [Daniel B, Wellard, WA](https://www.oceanhomeloans.com.au/testimonial/daniel-b-wellard-wa/) - I cant thank Brad and the team at Ocean home loans enough. I first spoke to Brad over a year ago after a positive referral from a friend. At first I was hesitant due to the fact I was in Perth and Brad was in QLD. I had just come out of bankruptcy and wasn't - [Dave P, Brendale, QLD](https://www.oceanhomeloans.com.au/testimonial/dave-p-brendale-qld/) - Can not speak highly enough of this bloke!! Brad did a great job supporting and guiding me through the entire home loan process. Extremely helpful, prompt responses, the odd hiccup (third parties) was addressed and resolved promptly. Highly recommend Brad!! - [Prabu R, Macquarie Park, NSW](https://www.oceanhomeloans.com.au/testimonial/prabu-r-macquarie-park-nsw/) - This was the second time I used Brad's services. Brad is without doubt the best mortgage broker professional I have had the pleasure of dealing with. He was always responsive to all my queries and ensured he got the best outcome for me. The application process was seamless with everything done electronically. "Too hard" is - [Megan T & Aaron C, Bucasia, QLD](https://www.oceanhomeloans.com.au/testimonial/megan-t-aaron-c-bucasia-qld/) - Brad’s no nonsense approach really appealed to us and he really allayed our first time buyer fears. Would recommend Brad Kirwan to anyone looking to buy a home. Can’t thank him enough for his help. - [Ricky S, Booie, QLD](https://www.oceanhomeloans.com.au/testimonial/ricky-s-booie-qld/) - I simply rang querying off there was a possibility of ever getting a loan again as I was ex bankrupt. Brad asked me a few simple questions and advised me that this would not be a problem. I am now a proud home owner again. If he can help someone like me he can help - [Kosta M, Cannon Hill, QLD](https://www.oceanhomeloans.com.au/testimonial/kosta-m-cannon-hill-qld/) - I was recommended Brad from Ocean Home Loans by my mum after a bad experience with a previous broker. From my first phone call, I knew Brad was right for me. His experience in the industry is evident in his quality understanding of the home loans process, and right from the get go told me - [Trent W & Dayle C, Whittlesea, VIC](https://www.oceanhomeloans.com.au/testimonial/trent-w-dayle-c-whittlesea-vic/) - We chose Brad based on his reviews; and we were not disappointed! Brad goes above and beyond to help you & we would highly recommend him to anyone looking for someone trustworthy & reliable! - [Deborah B, Broadbeach, QLD](https://www.oceanhomeloans.com.au/testimonial/deborah-b-broadbeach-qld/) - Brad was an absolute marvel in finding me a competitive home loan, and went above and beyond to get my mortgage approval through in a tight timescale. I would highly recommend Brad for his conscientiousness, professionalism and transparency throughout the whole process. - [Michael & Marion C, Red Cliffs, VIC](https://www.oceanhomeloans.com.au/testimonial/michael-marion-c-red-cliffs-vic/) - Ocean Home Loans is Brad Kirwan, and Brad Kirwan is the home loan guru. We originally used OHL's Brad's services in late 2015 to take out a home loan on our current home; and we used OHL's Brad's skills once again in early 2018 to refinance for a better interest rate home loan; and for - [Emma & Paul D, Highworth, QLD](https://www.oceanhomeloans.com.au/testimonial/emma-paul-d-highworth-qld/) - Thank you Brad for your ongoing support and assistance with our home loan, we would highly recommend Brad to anyone who is looking for an expert and highly professional broker who will go above and beyond and guide you through a the home loan process, with a fabulous end result. We cant thank you enough - [Aileen V, Calamvale, QLD](https://www.oceanhomeloans.com.au/testimonial/aileen-a-calamvale-qld/) - I spoke to and then met Brad about a year ago. I had called a number of specialised lending services but knew that Oceans was the one for me. Brad is extremely knowledgeable and was sensitive to my limited understanding of mortgages. He took the time to explain things to me which was very much - [Amirahmad A, Rutherford, NSW](https://www.oceanhomeloans.com.au/testimonial/amirahmad-a-rutherford-nsw/) - We had great time working with Brad to get our loan organised in NSW. Brad was always there and super responsive and supportive. Definitely recommend him. Thanks Brad - [Devon Z, Moncrieff, ACT](https://www.oceanhomeloans.com.au/testimonial/devon-z-moncrieff-act/) - Great broker- excellent knowledge in lending policy, very fast, good service and communication, technology savvy to work with clients across different locations. Would recommend to anyone who needs a homeloan. - [Shabu T & Rinsy R, Augustine Heights, QLD](https://www.oceanhomeloans.com.au/testimonial/shabu-t-rinsy-r-augustine-heights-qld/) - Thank you so much for all your help over the past couple of months. Everything was smooth and easy. Appreciate your help through this entire process. We are slowly settling in. :) thanks so much again. Regards Rinsy and Shabu - [Steve W, Chirnside Park, VIC](https://www.oceanhomeloans.com.au/testimonial/steve-w-chirnside-park-vic/) - Brad is an industry expert and took time to understand our needs. He was patient with our many queries and really came through for us. Thanks Brad. - [Michael M & Nadine A, Carrara, QLD](https://www.oceanhomeloans.com.au/testimonial/michael-m-nadine-a-carrara-qld/) - Brad is a great broker, always professional and very prompt. We have used his services many times and feel confident referring him to friends and family (which we have done) - [Robyn and Bruce B, Cooyal, NSW](https://www.oceanhomeloans.com.au/testimonial/robyn-and-bruce-b-cooyal-nsw/) - Hi Brad, Thank you so much for your help in securing a loan for our new home. I was starting to feel like it wasn't going to happen for us and will forever be thankful for your help. We love our new place and are once again enjoying life owning our own slice of heaven. - [Kristy W & Connaire M, Mona Vale, NSW](https://www.oceanhomeloans.com.au/testimonial/kristy-w-connaire-m-mona-vale-nsw/) - Brad has brokered 3 mortgages for us on 3 properties, and I will definite use his services for any future properties. Trying to navigate banks and work out the best deal for us would have been a complex, if not impossible, task but Brad was able to secure us the best deals each time. His - [Steve & Sarah K, Surfers Paradise, QLD](https://www.oceanhomeloans.com.au/testimonial/steve-sarah-k-surfers-paradise-qld/) - We have used Brad at Ocean Home Loans as our broker on our last few homes. Can't recommend him highly enough, highly professional and friendly advice. - [Rajendra N, Arundel, QLD](https://www.oceanhomeloans.com.au/testimonial/rajendra-n-arundel-qld/) - Think of every way someone could be helpful in the stressful process of home buying and Brad is one that would provide that. Stay assured he will be with you all the way. Has an amazing way of making concepts simple, without jargon. His blogs are a worthy read. - [Tim & Anne W, Kallangur, QLD](https://www.oceanhomeloans.com.au/testimonial/tim-anne-w-kallangur-qld/) - Brad was a tremendous help during a difficult time. Unlike many in his industry he actually listened . He traveled a considerable distance to consult with us and was very patient with us. He cared about our needs and was factual rather than judgemental. The entire process was thorough and yet simple. I would highly - [Ashley & Swidle F, Fulham, SA](https://www.oceanhomeloans.com.au/testimonial/ashley-swidle-f-fulham-sa/) - Brad helped us with the mortgage process and everything around it. He provided great friendly service and he was incredibly reliable and honest. As first home buyer, Brad was informative and very patient in explaining what needed to be done at each step and he was very prompt to reply to all my queries. Although - [Steve & Louise D, Reedy Creek, QLD](https://www.oceanhomeloans.com.au/testimonial/steve-louise-d-reedy-creek-qld/) - Brad from Ocean Home Loans has been looking after us for many years, he is very thorough in his work and always goes the extra mile, i would highly recommend Brad to anyone who is looking for a mortgage or refinance. - [Warwick & Suzanna K, Mudjimba, QLD](https://www.oceanhomeloans.com.au/testimonial/warwick-suzanna-k-mudjimba-qld/) - Brad has been amazing to deal with, professional with clear communication and the best outcome for his clients in mind throughout the loan process. We look forward to recommending Brad to friends and family and working with Brad on our next future purchase. - [Sinead K & Brian G, Mermaid Beach, QLD](https://www.oceanhomeloans.com.au/testimonial/sinead-k-brian-g-mermaid-beach-qld/) - Home loan lender contacts for COVID-19 Coronavirus hardship support - [Radhika M & Hisham Y, Carrara, QLD](https://www.oceanhomeloans.com.au/testimonial/radhika-m-hisham-y-carrara-qld/) - Brad was very professional and super helpful, he helped my partner and I purchase our first home when we didn't think we could. He was always available to answer our calls or any questions at any time. Thank You, Brad, we appreciate all your hard work and dedication you went an extra mile for us!! - [Paul and Christina W, Lower Beechmont, QLD](https://www.oceanhomeloans.com.au/testimonial/paul-and-christina-w-lower-beechmont-qld/) - I would like to thank Brad of Ocean Home Loans for his persistence and for making the entire process seem quite effortless. From the beginning, until the final payments to the builder Brad was on top of everything . Thanks very much - Paul and Christina W - [Karen & Ricky G, Holland Park West, QLD](https://www.oceanhomeloans.com.au/testimonial/karen-ricky-g-holland-park-west-qld/) - Brad has been tremendous to deal with. He took all the confusion out of the whole process and explained every step clearly. He always made himself available to us and nothing was ever too much trouble. Extremely happy that we found Brad and Ocean Home Loans - [Chris & Anja B, Carrara, QLD](https://www.oceanhomeloans.com.au/testimonial/chris-anja-b-carrara-qld/) - Brad is extremely responsive and always available. He breaks things down so they're easy to understand. - [Michael & Toki B, Two Wells, SA](https://www.oceanhomeloans.com.au/testimonial/michael-toki-b-two-wells-sa/) - We live in South Australia and found it hard here with brokers. So we contacted Brad from ocean home loans he was very fast and extremely helpful our application was very fast and successful so we know exactly who to use next time. - [Scott & Phoebe W, Mackenzie, QLD](https://www.oceanhomeloans.com.au/testimonial/scott-phoebe-w-mackenzie-qld/) - Brad at Ocean Home Loans was great. Having your own business can make it more difficulty for finance but he found the right solution for our investment loan. Brad made it easy for us to get the right setup and answered any questions with ease and patience while we house shopped. If you are looking - [Mark & Kim, Upper Coomera, QLD](https://www.oceanhomeloans.com.au/testimonial/mark-kim-upper-coomera-qld/) - Have been dealing with Brad for several years. He has arranged an owner mortgage and a investment mortgage for me. I was extremely happy with the help and assist given during this process. He is a true professional where nothing seems too hard. Highly recommend for your next mortgage or loan advise. - [Steve & Sarah K, Mudgeeraba, QLD](https://www.oceanhomeloans.com.au/testimonial/steve-sarah-k-mudgeeraba/) - Brad went above and beyond to ensure that we got the home loan we were after. We would highly recommend Ocean home loans to anyone that requires a loan. - [Gavin & Jackie D, Forster, NSW](https://www.oceanhomeloans.com.au/testimonial/gavin-jackie-d-forster-nsw/) - Would like to thank Brad for all his time and effort with our Investment Loan Application. Ours wasn't a straight forward application, but Brad was able to over come my previous issues. Never thought I would own another home/property, or be able to purchase one with my wife but Brad went the extra mile to - [Amanda & Chris J, Canungra, QLD](https://www.oceanhomeloans.com.au/testimonial/amanda-chris-j-canungra-qld/) - We first used Brad at Ocean Home Loans 5 years ago. We contacted him again because we remembered how good he was and how helpful he was at the time. We had forgotten how quick and thorough he was though. Brad doesn’t miss a trick or waste any time at all. He knows the right - [Todd C, Varsity Lakes, QLD](https://www.oceanhomeloans.com.au/testimonial/todd-c-varsity-lakes-qld/) - We where involved in an on the spot multiple offer situation. I called Brad and he guided us through. It was great to have his knowledge and it gave us the confidence in a very un-familiar situation. Going forward he would give us regular updates and coordinated between us and the bank to make everything - [Peter H, Whittlesea, VIC](https://www.oceanhomeloans.com.au/testimonial/peter-h-whittlesea-vic/) - Brad was so helpful that it made for a very easy time for me I would highly recommend Ocean Home loans - [Sam & Saul J, Quinns Rocks, WA](https://www.oceanhomeloans.com.au/testimonial/sam-saul-j-quinns-rocks-wa/) - Brad Kirwan was really helpful and always available when needed even out of working hours. - [Penne M, Oxenford, QLD](https://www.oceanhomeloans.com.au/testimonial/penne-m-oxenford-qld/) - Brad was great to work with. Worked in with my hours at work. Kept me in the loop all the way with the banks. Happy to explains thing in layman terms and was very professional in his approach to the whole experience. I would recommend him to anyone that wanted a professional broker to work - [Simon & Denok E, Sassafras, TAS](https://www.oceanhomeloans.com.au/testimonial/simon-denok-e-sassafras-tas/) - We thought we had hit a dead end because of my bankruptcy many years ago. It seemed that despite having a flawless credit rating for over 7 years the stigma was hanging on. Brad found the solution and here we are happily living in our new home. I could not praise Brad more highly for - [Matt & Simmone R, Woodberry, NSW](https://www.oceanhomeloans.com.au/testimonial/matt-simmone-r-woodberry-nsw/) - I highly recommend Ocean Home Loans, while other lenders said no, Brad and his team said not a problem. Help was provided right through the entire process. - [Barbara N, Ivanhoe, VIC](https://www.oceanhomeloans.com.au/testimonial/barbara-n-ivanhoe-vic/) - Brad was extremely professional and helpful. I also found Brad very efficient and knowledgeable. I will use Ocean Home Loans again. - [Megan M, Southport, QLD](https://www.oceanhomeloans.com.au/testimonial/megan-m-southport-qld/) - Knowledgeable, flexible and a pleasure to deal with. Brad knows his stuff and doesn't waste your time. - [Kristy W, Brookvale, NSW](https://www.oceanhomeloans.com.au/testimonial/kristy-w-brookvale-nsw/) - I have used Brad's services at Ocean Home Loans for 2 properties and found the process uncomplicated and easy. Brad was always available and walked us through each step, right up to the end and even checked in post settlement to make sure we were OK. I would recommend Brad to all my friends and - [Donna & Justin S, Cedar Grove, QLD](https://www.oceanhomeloans.com.au/testimonial/donna-justin-s-cedar-grove-qld/) - Brad was fantastic right from our initial phone conversation to our new house settlement I would not hesitate in recommending ocean home loans. - [Prabu R, Waterloo, NSW](https://www.oceanhomeloans.com.au/testimonial/prabu-r-waterloo-nsw/) - I had liaised with several brokers in an attempt to consolidate a lot of unsecured debt I had in the form of credit cards and personal loans. Brad was the only one who was able to fully understand my situation and was able to obtain a suitable option for me to refinance my current home - [Derek U, Loganholme, QLD](https://www.oceanhomeloans.com.au/testimonial/derek-u-loganholme-qld/) - Buying your first home and obtaining the loan can be a daunting prospect but Brad from Ocean Home Loans made the whole process very streamlined and stress free. I found Brad to be very prompt and knowledgeable in assessing my needs. I can highly recommend Ocean Home Loans and will be using them in any - [Ann W, Bangkok, Thailand](https://www.oceanhomeloans.com.au/testimonial/ann-w-bangkok-thailand/) - The circumstances around applying for an investment loan were complicated given that I'm currently living overseas. Brad was extremely responsive, detailed and organized in his recommendation on how to proceed as well as advising on all documentation required to ensure a successful application. I've already referred him to friends and will use him again for - [Tarun G, Kurunjang, VIC](https://www.oceanhomeloans.com.au/testimonial/tarun-g-kurunjang-vic/) - Hi my name is tarun. I called Brad from ocean homeloans after I was rejected by other brokers as I was temporary resident and my credit history was bad. Brad understood my case. He guided me properly through the whole process and got my home loan approved. He knew what he was doing and moreover - [Josh & Steph W, Maudsland, QLD](https://www.oceanhomeloans.com.au/testimonial/josh-steph-w-maudsland-qld/) - Brad at Ocean Home Loans went above and beyond in helping us purchase our second property, his advice and expertise was very reassuring, if we had any question or query he would go out of his way to get the answer as soon as he could. I would and will be referring anyone who is - [Catherine & Derek A, Molendinar, QLD](https://www.oceanhomeloans.com.au/testimonial/catherine-derek-a-molendinar/) - Thank you Brad we found you to be very helpful and friendly, thankyou so much. Derek & Catherine - [Ben S, Benowa, QLD](https://www.oceanhomeloans.com.au/testimonial/ben-s-benowa-qld/) - Excellent service. Dealt with Brad Kirwan who was outstanding, never minded the emails or phone calls regarding clarification. - [Richele & Robert, Gilston, QLD](https://www.oceanhomeloans.com.au/testimonial/richele-robert-gilston/) - We have been extremely happy with the professional service Brad has offered us throughout the build of our first home. He has always been happy to answer any questions we had, responded to emails promptly and if he didn't have the answer we needed, he searched for it and responded appropriately. We have already referred - [Deon & Danielle, Huntfield Heights, SA](https://www.oceanhomeloans.com.au/testimonial/deon-danielle-huntfield-heights-sa/) - For us Brad was the only one willing to take us on out of all the people we tried to contact regarding our circumstances, Brad was very professional, helpful and knew what he was talking about, even though he was in a different state he made everything happen and we we got approved for our - [Rachel & Ricky W, Tamborine Mountain, QLD](https://www.oceanhomeloans.com.au/testimonial/rachel-ricky-w-tamborine-mountain/) - Brad was great to work with, very understanding of our needs, very accommodating and helpful. Nothing seemed to be too much trouble. I would definitely recommend him to others - [Katie & Leigh G, Varsity Lakes, QLD](https://www.oceanhomeloans.com.au/testimonial/katie-leigh-g-varsity-lakes-qld/) - Ocean Home Loans have assisted my husband and I over many years in sourcing the best home loan products for our needs. Brad's extensive experience in the finance and banking industry make him a real asset when finding the best possible solution tailored to your individual needs. He offers honest, reliable advice and has never - [Tania & Jason B, Mackay, QLD](https://www.oceanhomeloans.com.au/testimonial/tania-jason-b-mackay-qld/) - Highly recommend Brad, so easy to deal with, all questions answered in easy to understand terms, always available for help or last minute questions - fabulous service. - [Michael & Marion C, Mildura, VIC](https://www.oceanhomeloans.com.au/testimonial/michael-marion-c-mildura-vic/) - We would like to thank Brad for all his help. We are so thankful that Brad believed in us and didn't judge us. Brad's advise and assistance was and is very valuable. We honestly don't think we would have never purchased a home again if we hadn't found Ocean Home Loans. We highly recommend Ocean - [Valerio B, South Bank, VIC](https://www.oceanhomeloans.com.au/testimonial/valerio-b-south-bank-vic/) - Brad is the best - He has helped me a lot - always extremely responding, precise and caring. To choose him was the best choice ever. Great Guy and Excellent Professional. - [Matt B & Sarah M, Caloundra West, QLD](https://www.oceanhomeloans.com.au/testimonial/matt-b-sarah-m-caloundra-west-qld/) - Brad from Ocean Home Loans was very helpful. He always answered my emails and messages quickly. There was never any dramas with the loan application even while I was overseas working - [Leigh & Katie G, Nerang, QLD](https://www.oceanhomeloans.com.au/testimonial/leigh-katie-g-nerang/) - Brad, Thanks for your continued support, it is greatly appreciated. - [Paul & Pamela, Varsity Lakes, QLD](https://www.oceanhomeloans.com.au/testimonial/paul-pamela-varsity-lakes/) - I located Brad Kirwan of Ocean Loans on the Internet, as his webpage was professional and he was local to our vicinity. Brad I found to very professional, friendly and positive in obtaining the home loan that suited our needs. He took great care in ensuring our conveyance went smoothly, and took way the hassle - [Chris & Amanda, Gold Coast, QLD](https://www.oceanhomeloans.com.au/testimonial/chris-amanda-gold-coast/) - We would like to thank Brad for his hard work, he did ALL our running around for us and we would not be where we are today without him. He explained everything to us and made sure we understood everything before we moved forward. He is very clear and and great at explaining the way - [Shannon & Kirrilly, Bracken Ridge, QLD](https://www.oceanhomeloans.com.au/testimonial/shannon-kirrilly-bracken-ridge/) - Brad, thank you again for all your help and patience, we really do appreciate it. - [Anna C, Brighton, QLD](https://www.oceanhomeloans.com.au/testimonial/anna-c-brighton/) - Just thought I would let you know that we finally moved into our beautiful new home on the weekend. We are still renovating around us but it's definitely worth it. Thank you for all your hard work in finding us the perfect loan - [Yaan, Bonogin, QLD](https://www.oceanhomeloans.com.au/testimonial/yaan-bonogin/) - A few years ago Brad helped us secure our loan for a build. 4 years on, we still call on Brad for all our loan needs. Always available to discuss any questions we may have, always ready to assist us in getting the best package for our needs. I couldn't recommend Brad any higher and - [Vicki & Andrew B, Cedar Vale, QLD](https://www.oceanhomeloans.com.au/testimonial/vicki-andrew-b-cedar-vale/) - In this day and age where customer service is lacking, we were so grateful for the prompt and professional service provided by Brad of Ocean Home Loans. Nothing was too much trouble, Brad travelled over an hour to meet with us and always answered any queries promptly, often after hours. We can't speak highly enough - [Peter S, Dubai, UAE](https://www.oceanhomeloans.com.au/testimonial/peter-s-dubai-uae/) - It is a pleasure to provide this recommendation about Ocean Home Loans. I am an Australian living overseas, seeking help with homes loans is not always straight forward, but working with Brad Kirwan I found that he was motivated, honest, professional and he took the time to work through complex issues and provide the best - [Wendy & Jeremy M, Bilinga, QLD](https://www.oceanhomeloans.com.au/testimonial/wendy-jeremy-m-bilinga-qld/) - Brad was very helpful. We were purchasing our first home so we didn't know too much but he thoroughly explained all our options and kept us informed the whole time. 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