Videos

Got a question? The Team at Foster Ramsay Finance are here to help.

No matter what stage you are at in your buying or home loan journey, we are here to support you and answer any questions you may have. Below you will find a wealth information in relation to lending, the home loan application process, the impacts of COVID, and a bit about our team too. Have a watch, and if you have any specific questions, please just get in touch here.

How lenders and banks look at your Living Expenses in Australia

Foster Ramsay Finance discusses how most Lenders and Australian Banks look at your living expenses when you apply for a homeloan.

Making advanced & extra repaymets on your home loan

Foster Ramsay Finance discusses the advantages in making additional homeloan repayments over and above the minimum requied by the Australian Bank or Lender. This can save many thousands in interest charged by the Lender and can mean you can pay your homeloan off in 5 years, 7 years or 10 years in some cases. We also discuss the affects on homeloan redraw and your offset accounts as more money saving tips.

What is an 100% offset account attached to a home loan?

Foster Ramsay Finance discusses how a 100% Offset facility works and what difference it can make to the amount of homeloan interest you pay on your homeloan.

What is home loan redraw ?

Foster Ramsay Finance discuss what a Redraw Facility included in most Australian Variable Homeloans and how it affects the Interest Rate.

Breaking a fixed home loan in Australia explained

We chat about breaking a fixed homeloan rate in Australia. The fees and charges involved and the pros and cons.

COVID: If I am on the JobKeeper payment, can I still borrow for a home loan?

Foster Ramsay Finance talks about the Australian Job Keeper payment and how it affects your home loan application.

Home loan Repayment Pause / Hardship… What happens to the interest calcaultions?

A short guide on what happens behind the scences at the Bank when they are calculating the interest charges whilst a loan is on a repayment pause or hardship consideration.

Should I fix my home loan interest rate?

To fix or not to fix… that is the question. Update from Director Chris Foster-Ramsay of Foster Ramsay Finance about whether or not to fix, and the Pros and Cons of doing so.

What is Lenders Mortgage Insurance (LMI)?

The Foster Ramsay Finacne Team break down the barriers around what LMI is and how it works.

How does Foster Ramsay Finance brokers ensure a loan is in the client’s best interest?

Foster Ramsay Finance Brokers have always made sure that a Client’s loan is in their Best Interests. It’s now gone one step further and is a big point of difference compared to going straight to the Bank.

Do Foster Ramsay Finance brokers charge a fee?

One of our most frequently asked questions. We explain how we are paid and why we do not believe in charging Clients consultation Fees.

Supporting docs

What documents do I need to provide the Foster Ramsay Finance Team when applying for a home loan?