Phone us now articles sitemap  
Mortgage Broker Brisbane
First Home Buyers Grant in Queensland & Brisbane.
More interest rate falls announced - latest home loans now available.
Request an obligation-free review of your Brisbane Mortgage.

How safe is your mortgage? Which lender are you with and how to protect yourself.

Brisbane home owners would be forgiven for feeling worried about the state of their lender and what may happen to ehir home loan.  Reports of banks collapsing in America, lenders going bankrupt, being bought by other lenders....  it can all leave the average home buyer a little confused.

Basically, in Australia your home loan is pretty safe.  If your lender goes under or is bought out is unlikely that you would loose your home, the debt is usually taken over by another entity. 

Interest rates keep falling...

You may have read recently that not all banks are passing on the full interest rate cuts.

Don't get caught with a bank that is pocketing interest rate cuts. Complete the form below for expert, local Queensland Mortgage advice.
First Name:
Last Name:
Suburb:
Postcode:
Phone:
Email:
Please have someone contact me ASAP.
or call 1300 787 665
Unsure?
Please read our pledge to protect your privacy.

If your current lender is sold or bankrupt then your mortgage simply becomes payable to the new entity.  Often the loan will remain on the same terms and conditions, although in some case the new lender may renegotiate the terms.  You make your repayments to a different entity, but your home is secure and the loan remains the same, or at least, very similar.  If the lender folds or goes bankrupt, then the creditors of the collapsed bank will assume your mortgage. They may sell it to another financial institution.

It is possible that you will be asked to repay the debt in full straight away, but in reality, this is very unlikely to happen.  And even if you did find yourself in this situation, you would have some rights to say that this request is unreasonable and you need more time.

The economy in Australia is currently in a better situation that in the USA or parts of Europe, so home-owners should not be too concerned.  However, if you are worried about your mortgage then you can benefit from talking to your lender directly, or talking to Your Local Brisbane Mortgage Broker.  Our advisors are highly experienced and trained in all aspects of home loans, so we are able to assist you when assessing your mortgage. 
  List of lenders

More in this Section

Pay Off Your Home Loan Faster

Ten useful tips for paying off your home loan faster.

Home Loans

Home Loans available to you

Home Loans: Pro packs

Pro packs for high income earners

Consolidating Your Debts

Did you know that your mortgage could do more than just pay for your property?

 

Brisbane & Gold Coast Home Loans

Full featured home loans

Variable rate home loans now with all the bells and whistles.

Debt Consolidation

Bring together all your credit cards, car loans and other debts into the single facility.

Refinancing

Interest rates keep falling. Are you getting the best deal you can?

Low Doc Home Loans

Don't be penalised just because you run a successful small business. Be treated as an equal here.

Bad Credit Home Loans

Get past the tough times with home loan solutions to over come a bad credit history.

Cheapest Home Loans

A honeymoon loan can save you thousands to begin with. The trick is reading the small print.