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In short, ‘Genuine Savings’ is a term used by most banks to refer to savings you have made yourself over a period of time. This is opposed to savings acquired in a lump sum e.g. receiving a gift or a one off bonus from work. Why do the banks care? By evidencing that you have
Investing in a rental property is a fantastic way for most Australian’s to grow their wealth. Unlike paper investments like stocks and bonds, property is an asset that you can see, touch and stand on. However, most Aussies just don’t know what the banks look for when deciding how much to lend. Keep reading and
Saving for a deposit to purchase your first home can seem like a daunting task. However, saving for a house deposit does not have to be a tiring and lengthy ordeal. After all it is the great Australian dream to own your very own home. I can recall a time when I was in a