Day: September 18, 2018

Neutral Bay resident, Kylie asks “What is cross collateralisation, and what exactly does it mean?”   Great question Kylie. Cross collateralisation might sound confusing but it’s actually quite straight forward. Here’s a brief explanation to help you understand what it means and how it’s applied within the financial marketplace. Cross-collateralisation (also known as cross-securitisation) is when…

Campbelltown resident, Jason asks “I currently work as a chef in a small cafe and am interested in purchasing a property valued at $545,000 but don’t yet have a deposit. Is it possible to obtain a no deposit homeloan?”   Thanks for the question Jason. It’s certainly one that we’re asked frequently here at Mortgage…