3 ways to get ‘Sana Finances’
If you’re trying to save money for a house deposit, or simply want to expand your property portfolio, it’s more important than ever to get financially fit. By getting your finances together and building a plan that will help you achieve your goals, you’ll be well on track to not only purchase that […]
How To Reduce Lenders Mortgage Insurance
Lenders Mortgage Insurance can be a great tool to help homebuyers get into a property that they otherwise might not be able to afford. However, it comes with a cost. LMI is a one-off insurance premium that is put in place to protect the lender in the event the borrower is unable to manage […]
How does a bank valuation impact borrowing?
When you purchase a property with finance, the lender will typically order a bank valuation to help them ascertain the loan to value ratio (LVR) of your home loan. For new home buyers, this might be something that you’ve never thought about before, but the outcome of the bank valuation could have big implications for […]
Buying your first house
There are few bigger milestones in life than the purchase of your first home. While it is certainly an exciting process there are a number of considerations you’ll need to take into account before you can begin your journey. Most first home buyers will be looking at using finance to buy a property, and […]
Maximise your borrowing capacity with Sana
With house prices drifting higher to start the new year, trying to afford your dream home is getting harder. Fortunately, there are a number of things you can do to maximise your borrowing capacity without needing to increase your income. Start budgeting When lenders assess your borrowing capacity, they look closely at […]
Sana’s advantages of rentvesting in 2022
With house prices seeing record gains in 2021, getting into a home can be difficult – especially if you live in a city like Sydney, Melbourne, or Canberra where the median house price is above $1 million. However, if you want to find a way into the property market, for many people rentvesting can […]
5 Ways to Pay Off Your Mortgage Sooner
When buying a home, to live in or as an investment, most people will have the goal of eventually paying it off. A 30-year loan might seem like a long time to be making repayments, but you won’t be stuck paying interest if you’re able to pay it off sooner. Here are five […]
5 Ways to Save Money on Your Home Loan
One of the most common new year’s resolutions is to try and save money. One of the easiest ways to save money is to take a look at your home loan and find some creative ways to cut down on your repayments. Fortunately, there are a number of different things you can do with your […]
4 Things to Do to Improve Your Credit Score
If you’re setting the goal of purchasing a home in the coming year, it might be time to start getting your financials in order ahead of time. One of the most important and often overlooked steps is to make sure you have a solid credit score. A credit score is a number that represents […]
To Rent or Buy?
Owning your own property is normally very high up on the list of things people want to achieve in their life. However, depending on your financial goals and what stage of life you’re at, what you hope to achieve with property will likely differ quite considerably. For first home buyers, the biggest question is […]