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About Matthew Pow

Principal @ Empowered Finance

3 Mortgage Perks for Health Professionals buying a house in WA

There are plenty of perks of working in the health industry - helping people, savings lives - and of course, special treatment from banks. If you work in the health industry and are looking to buy a house here are 3 perks you just need to know about. #1 Health Professionals only need 10% Deposit [...]

By |April 19th, 2018|All|0 Comments

Want to help your kids buy property? Here’s how.

The real estate market can be tough for young adults, but as a parent you may be able to lend a helping hand. We tell you how. 1. Parent-to-child loan A parent-to-child loan is when a parent lends their child money. This is a formal, legally binding arrangement, administered by an independent third party. At [...]

By |April 16th, 2018|All|0 Comments

Applying for a home loan with a baby on the way

A new baby completely changes your life. Are you also prepared for how a new baby might affect your chances of buying a home? Here are some things to consider before you submit your application. When a lender assesses your home loan application, they look at your income, assets, debts and expenses before deciding whether [...]

By |January 2nd, 2018|All|0 Comments

Did you know… about property insurance between exchange and settlement?

Buying a property isn’t always a straightforward process, and one area that can cause confusion is the question of who is responsible for insuring it between the signing of the contract and settlement. There are differences in regulations between states, but the basics are as follows. First, it’s important to clarify whether the property is [...]

By |August 7th, 2017|All|0 Comments

Turn your first home into an investment property.. and upgrade without saving for a deposit

In this article we look at an example case study demonstrating how to use the equity from your first home to use as a deposit to purchase your next property. This is the strategy used by most successful property investors for property portfolio growth and long term wealth creation.  Case Study - How to turn [...]

By |January 17th, 2017|All|0 Comments

Interest Rates: To Fix or Not to Fix.

With interest rates at historic lows in Australia when is the right time to fix your rates? Here are some things to consider. How low can rates go? There have been 2 rate cuts by the Reserve Bank of Australia (RBA) in 2016 to bring the official Cash Rate to 1.5%. Lower wholesale borrowing costs [...]

By |October 3rd, 2016|All|0 Comments

Loan Calculators: Work out your loan repayments, borrowing power and many more..

We have a full suite of calculators on our website to assist you to work out figures such as how much you can borrow, how much stamp duty you will need to pay and more. Click on the links below to go to each calculator: Loan Repayment Calculator Use this calculator to work out what your [...]

By |July 6th, 2016|All|0 Comments

Why Mortgage Brokers Hold The Key To Get Your Foot In The Property Door

Getting a foot in the door of your dream home might be getting harder, but talking to a mortgage broker could get you the keys more quickly. Purchasing a property in today’s housing market is not for the faint-hearted. Would-be home buyers have only to turn on their TV – or check Facebook or Twitter – for the [...]

By |June 29th, 2016|All|0 Comments

Borrowing Money For Renovations: What You Need To Know.

You’ve been dreaming of that new kitchen and bathroom for as long as you can remember, and now the time has come to put your plans in motion. But do you really have the budget to afford the works? Here are a few things to think about before making the leap from Pinterest board to [...]

By |June 9th, 2016|All|0 Comments

Mortgage Offset Accounts: Make your loan work for you

Savvy borrowers have an endgame in sight before they even apply for a home loan, and with the right mortgage offset account, they could win that game even more quickly. Home buyers usually focus on the here and now, not the distant future. Rather than the size of their loan balance in 10 or 20 [...]

By |May 12th, 2016|All|0 Comments
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