3 benefits of a low doc construction loan

When people come to Redrock to secure financing, it isn’t necessarily just to buy an existing home. We offer a wide range of mortgage products for people of many different financial backgrounds, for a variety of purposes. One of these is low documentation loan for construction, when people want to build a home but don’t […]

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Do you know how to better your borrowing power?

When you’re looking at taking out credit for a new home, there are a lot of questions you’re likely to be asking yourself, especially regarding exactly how much you will be able to borrow. Whether you’re trying to get a bad credit mortgage or purchase a home using an SMSF loan, knowing your borrowing capacity […]

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Using An SMSF Loan For Retirement Property

Keeping an eye on your funds for retirement is a very important part of budget planning. Everyone wants to be able to kick back and enjoy financial independence in their later years, but for many people this can prove difficult. Investing in a property is a great way to build equity, especially if you can […]

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Things To Remember With SMSF Loans

There are many options available to you when you choose to invest in a property. You can take out financing such as a low documentation loan, or an interest-only loan. One option that appeals to many Australians is using their self-managed super fund loan to obtain a property. This isn’t an option that’s suited to […]

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Why Might Your Loan Be Rejected?

Sometimes, the best-laid plans can go to waste. If you have spent a long time preparing for a loan application, it can be disheartening to learn that it has been rejected by a credit provider. However, even in these cases, Redrock may be able to secure you lending, perhaps through one of our bad credit […]

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Do you pick a fixed or variable rate home loan?

Just as with regular loans, when you take out a product with Redrock like a low documentation loan, you may be able to select between a fixed or variable interest rate. The type of interest rate you choose will have a significant bearing on your financial planning throughout the entirety of the mortgage. But how […]

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Self-employed investing in times of low interest

Recently, the Deputy Governor of the Reserve Bank of Australia (RBA) Phillip Lowe noted that in this low interest rate environment, it was important for both lenders and borrowers of money to make sure they were careful with their investment projects. And while it is important for all Australians to be watchful with their finances, […]

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When do you start working on a mortgage deposit?

Whether you’re preparing for a regular loan to buy a new piece of investment property or you’re in need of a bad credit mortgage to get up on the property ladder, getting yourself ready financially can be a long process. With that in mind, when is the best time to start planning your finances for […]

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3 Payments To Watch Out For

When applying for financing to purchase a property, there are many things that can affect your ability to gain credit. If you fall behind in payments in certain areas you may find yourself unable to procure the loan you wanted. However, this isn’t the end of the world – businesses like Redrock offer a range […]

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3 careers that might need low doc loans

As the old saying goes, you should do what you love, and love what you do. However, sometimes following your chosen career path can make other aspects of life difficult, such as securing a home loan when you wish to buy a house. While this happens to a lot of people, it isn’t the end […]

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