by Finance Circle Group | Jul 25, 2023 | Latest News
The days of questioning if a mortgage broker was recommending you a loan because it was the best for you are over, thanks to Best Interests Duty Law (BID). From 1 January 2021, Best Interests Duty laws came into effect for mortgage brokers and financial advisers....
by Finance Circle Group | Jan 28, 2023 | Latest News
FASTRefi or Rapid Refinance is a unique refinance process that uses title insurance underwritten by First Title to allow lenders to payout a borrower’s loan account within days, as opposed to the standard refinance process which takes weeks to complete. This process...
by Finance Circle Group | Aug 14, 2022 | Latest News
Your credit score, may also referred to as Equifax Score, is used by some of your potential lender to determine the risk of offering a loan to you. This is an automated rating system and based on your credit file as well as the information you have provided in your...
by Finance Circle Group | Jul 23, 2022 | Latest News
Your living expenses play an important part in your broker, or the bank assess your home loan application. To work out your Borrowing Capacity, your living expenses will be a key factor; how much can you borrow, or even if you can afford one. So, what is the Household...
by Finance Circle Group | Nov 14, 2021 | Latest News
The prudential regulator APRA on Wednesday ordered banks to lift the “buffer” they add to market interest rates when assessing borrower capacity to repay loans. Here is what that move will mean in practice for potential borrowers. What is a serviceability...
