Here’s What You Need to Know About a Pre-Approval
So, you’re ready to buy your first property. Congrats! It’s a big step, and one of the most important things you can do early in the process is get pre-approved. But what does that actually mean, how do you do it, and why does it matter? Let’s break it down 👇 ✅ What is a […]
Will You Ever Pay Off Your Home Loan? (And What’s Stopping You From Doing It Sooner?)
For many Aussies, the dream of owning a home outright is right up there with retiring early or winning the lotto. But with rising property prices, long loan terms, and lifestyle shifts- when do most people actually pay off their mortgage? And what’s getting in the way? 🕰️ When Do Most People Pay Off Their […]
🎯 New Financial Year, New Financial You: 5 Smart Money Moves to Make Right Now
The 1st of July isn’t just about flipping the calendar, it’s the ultimate opportunity to hit reset on your finances and set yourself up for a more empowered, more profitable year ahead. Whether you’re a budgeting pro or just getting started, now’s the time to take stock of where your money is going – and […]
Why Home Loan Applications Get Declined and How to Avoid It
Applying for a home loan can be exciting, but it can also be stressful, especially if your application doesn’t go to plan. The truth is, not every home loan application is approved. But the good news? Most issues can be avoided with the right guidance and preparation. Here are the most common reasons home loans […]
⚖️ Fixed vs Variable – What’s the Difference?
🔒 Fixed Rate You lock in your interest rate for a set period (usually 1–5 years), and your repayments stay the same. ✅ Pros: Repayment certainty, making it easier to budget Protection against rising rates Great if you value stability or have tight cash flow ❌ Cons: Limited flexibility, often no extra repayments allowed Break […]
How to Work Out What a Property Is Really Worth (Especially for Melbourne Buyers)
From Josh Bartlett, Mortgage Broker and Director at Mynt Financial. When you’re house-hunting, one of the biggest challenges is figuring out what a property is actually worth, not just what it’s listed for. We’ve all seen homes that sell well above expectations, but generally speaking, most properties go for what’s known as fair market value. […]
How to Compare Mortgage Rates (Without the Overwhelm)
If you’re shopping around for a home loan or thinking of refinancing – you’ve probably noticed that mortgage rates vary wildly between lenders. So how do you know you’re getting a good deal? Here’s how to compare mortgage rates confidently and save yourself thousands over the life of your loan. Tip 1: Look Beyond the […]
🏡 Rent-vesting: The Smart Strategy More First Home Buyers Are Turning To
Let’s face it- getting into the property market has never been easy, but right now it feels like first home buyers are being hit from every angle: rising rents, high property prices, and fierce competition from seasoned investors and downsizers. But there’s a growing strategy that’s helping first-time buyers get ahead without sacrificing their lifestyle: […]
How to Buy Your Second Property Sooner: Smart Strategies for Building a Portfolio
Thinking about a second property? If you’re already a homeowner, buying a second property may feel like a distant goal. Whether you’re dreaming of an investment, a future family home, or a beachside getaway, it’s easy to assume you need years of saving before making your next move. At Mynt Financial, we often help clients […]
🏠 Why Using a Mortgage Broker Beats Going Straight to the Bank (or Google)
In today’s digital world, it’s tempting to jump online and start comparing home loan rates with the click of a button. And while that’s a great place to start, it’s often not where your best deal is found. When it comes to something as important (and expensive!) as your home loan, having an experienced mortgage […]
