Blog

Tailor Made Solutions. Award Winning Service

Let OneSite Finance take the guess work out of mortgage and business finance for you

Here are some great articles that can assist you throughout the buying process and after. 

House on coins

Existing Customers Pay More For Their Mortgages

Dec 13, 2018

The ACCC found that existing customers pay more for their home loans. Quite a bit more in fact.

As at June 30, 2018, existing customers were paying interest rates that on average were 32 basis points higher than new customers. This is equal to more than one typical Reserve Bank rate increase.

The ACCC found a borrower with an average sized mortgage could save around $850 a year by getting the same rate as a new customer. This figure is quoted on an Australia wide basis. For a typical Sydney mortgage, the savings could add up to tens of thousands of dollars over the life of the loan.

Read More
Home Loans

How Does AfterPay and ZipPay Affect Your Home Loan Application?

Dec 6, 2018

Did you know that AfterPay and ZipPay can affect your home loan application? Banks have now applied stricter requirements on lending. Customers applying for home loans are required to disclose what they owe on their AfterPay and ZipPay accounts. This is now part of most banks’ serviceability requirements.

In essence, AfterPay and ZipPay are digital credit platforms that give consumers a temporary line of credit.

With the above in mind, if you use these platforms, it is very important to make AfterPay and ZipPay repayments in a timely manner. Additionally, you need to to avoid any fees and charges for late payments. Late or missed payments can affect your home loan application process.

Read More
Unlocking the Value of your property

Increasing The Value Of Your Property

Oct 18, 2018

Most home owners would like to increase the value of their property at some point in time. Whether you are thinking about selling or increasing the equity in your home; Corissa from Refurb2Invest can help to increase the value of your property.

Refurb2Invest is a team of renovation consultants who have successfully helped more than 130 families across Sydney to increase the value of their property. Most importantly, their main aim is to get you higher profits.

The first 20 OneSite Finance Clients to contact Refurb2Invest will receive a FREE Property Audit, valued at $660!

Read More
Credit Report

How Does Your Credit Report Affect Your Finances?

Oct 17, 2018

Before a Lender can grant you a loan (or sell you a product on credit), they must ensure that you have the ability to pay the loan back at a later date. If you do not have the capacity to pay the loan back, the credit provider will not be able to approve the loan you are requesting.

Your credit report provides lenders a summary of your credit history. How good you are as a borrower. It helps them assess the risk of lending to you.

Read More
Couple with bills and laptop indoors

Home Loan Market Update – September 2018

Sep 24, 2018

The investment and home loan market is in a state of flux. This article will run you through the latest news on the home loan as at September 2018.

Over the last couple of weeks, there have been a number of announcements that lenders will be increasing their home loan rates without waiting for the Reserve Bank of Australia (RBA).

This is due to the fact that the RBA’s official cash rate is still sitting at 1.50%. Please keep in mind, this is the lowest it has ever been.

The rate increases are mainly on variable rate home loans at this stage. However, we expect to see an increase in all mortgage rates in general as Lender’s cost of funding is starting to rise on the back of movements in the global economy.

Read More
Home Loans

Changes To Interest Only Term Extensions

Sep 20, 2018

Changes to lending regulations are forcing banks to change the way they assess requests to switch or extend Interest Only repayment periods. These changes effect customers who want to extend Interest Only repayment periods, as well as those wanting to switch from Principal and Interest to Interest Only repayments.

In the past, CBA customers would simply call the bank and request to switch to Interest Only repayments over the phone. Customers were also able to change their existing loan from P&I to IO over the phone. Other banks applied a very similar process when customers requested to switch to or extend Interest Only terms.

Read More
  • Emma L. Avatar
    Emma L.

    As first home buyers, the process of getting a mortgage can be quite daunting. Liz was so helpful and diligent the whole process. Always on... read more

    Rina A. Avatar
    Rina A.

    Liz was extremely helpful with my recent investment property purchase. She was very efficient and organised. My loan application was approved on time and she... read more

    Michael I. Avatar
    Michael I.

    Such a great experience! From the very first meeting Liz clearly communicated with us and gave us excellent advice. She is very quick to respond... read more

  • John B. Avatar
    John B.

    Liz was fantastic and provided exceptional service to my wife and I on our construction loan. She was very responsive to all our questions /... read more

    Faezeh G. Avatar
    Faezeh G.

    Highly recommend Onesite finance specially Norman to everyone. The most responsible, caring, punctual, reliable person we dealt with in the whole mortgage process. If you... read more

    So T. Avatar
    So T.

    When I refinanced from State Custodian to CBA last year with Andi's help, I got very competitive rates. Andi was willing to travel more than... read more

  • Dorothy L. Avatar
    Dorothy L.

    I've worked professionally with Liz from OneSite Finance in the past, and she was always reliable and attentive. I was impressed with her manner and... read more

    Vahid R. Avatar
    Vahid R.

    With all difficulties and pressure , the person made us go through it was Norman.

    He was amazing and he helped us even when he...
    read more

    Magdalena D. Avatar
    Magdalena D.

    We can say confidently that One Site is The Best Mortgage Finance Company, and Liz is the Best Mortgage Broker! We have known Liz since... read more

  • Franky o. Avatar
    Franky o.

    Liz has been very helpful with our mortgage needs, we are very thankful for all her assistance. She works diligently and efficiently and made smooth... read more

    C L. Avatar
    C L.

    I have used Liz’s services a while back and also dealt with lenders directly thereafter.. several times. I found that Liz was the fastest, most... read more

    Avayar D. Avatar
    Avayar D.

    Liz is an amazing mortgage broker and seems to be working 24/7 as she answers emails and sms very quickly at all times. She has... read more

  • Joe D. Avatar
    Joe D.

    Karen helped me to acquire my first property. She was very patient with me and worked to get the best deal tailored for my situation.... read more

    Brian M. Avatar
    Brian M.

    Liz and her team are fantastic. They have helped me through buying multiple properties and it has always been a great experience. Liz has deep... read more

    Andrew C. Avatar
    Andrew C.

    Liz was absolutely fantastic helping me get my first home. She was recommended to me and by far one of the best decisions I could... read more

"Thank you so much again for helping me with the loan. You really did a fantastic job and cannot wait to recommend you to someone else. In addition to your lovely nature, what impressed me the most was your thorough research to find the best possible option, structured approach and prompt follow ups. Exceptional job!"

Aida K, Maroubra, NSW   

View all our reviews at the OneSite Finance Google My Business page.

Find a Home Loan That Suits Your Current and Future Needs

Sign up for our Newsletter
×
Free Property Profile Report
  • Address for the property you are looking to get a report for
×
Workshop Registration
  • Please complete this form for each person attending this event / workshop.
  • Please select the event / workshop you wish to attend
  • Tell us a little about your self
×
Loan Review
×

Almost there: please complete this form to get instant access to the video series…

Videos From Our Property Masterclass

×

Free Loan Strategy Session

Complete the form below and we will get in touch with
you very soon to book your FREE Loan Strategy Session
×