We’re excited to announce that we’re making some changes to our name and brand. Over the coming weeks, you’ll notice a new look across our systems and communications as SB Lending becomes, SBB Lending. Why the change? Our new brand aligns with that our of partners within the accounting and business advisory sector, Sammut Bulow Bennett Partners. This partnership allows our team to work with … Read More
First Home Buyer Loan Deposit Scheme
The First Home Loan Deposit Scheme is an Australian Government initiative to support eligible first home buyers purchase a home sooner with as little as 5 per cent. Not to be confused with the State Government’s First Home Builders Grant, the Federal Governments Scheme will support up to 10,000 loans each financial year, starting from 1 January 2020. The Scheme … Read More
Navigating your first home loan application
Increase your chances of a fast approval with a well-prepared first home loan application. Although applying for your first home loan may be the biggest financial decision you’ll make, it doesn’t need to be an overwhelming one. With the right preparation, a realistic understanding of your financial position and some professional guidance from a good mortgage broker, you can position … Read More
What to look for in your first property.
When you’re house hunting it’s easy to get distracted by the aesthetics. Every property is different to the last, so thinking about what features are important to you can help save you time looking at properties that simply aren’t what you’re after. Looking inside Floor plan & room sizes – does the property have enough room for you and … Read More
How much can I afford to borrow for my first home loan?
Understanding your borrowing capacity is an essential step for all newcomers to home ownership. So, how much can you afford to borrow? Owning property is a dream for many young Australians and families. Aside from the financial benefits of owning a home, being able to call a slice of land your own is one of life’s most converted accomplishments. Financial … Read More
Thinking about buying your first home?
You’ll need to show the seller you have enough money. For most people that means getting a home loan. Applying for a pre-approved loan is a great place to start. A pre-approved loan, also known as a Conditional Loan, is an indication from a lender as to how much they will let you borrow and under what terms. If you … Read More
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 things to look for. … Read More
Understanding which home loan features are right for you
Loans are by no means ‘one size fits all.’ Different loan types suit different age groups, different living situations and even different attitudes to money. A common trap some home-owners fall into is to consider a mortgage ‘set and forget’. You did your research, shopped around, found the right option and now you’re reluctant to revisit the process – … Read More
Smart tips for paying off your home loan sooner
Wondering how to pay off your home loan 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 and reduce your loan … Read More
Finding a home loan when you’re 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 small business owner, contractor, entrepreneur, … Read More