Kandid Loans

Buying your first home is an exciting milestone, but for many Australians, saving for a deposit can feel like an uphill battle. The First Home Loan Deposit Scheme (FHLDS) is designed to make this journey easier, allowing eligible first-home buyers to secure a property with a smaller deposit while avoiding costly lenders mortgage insurance. With guidance from experts like Kandid Loans , an independent mortgage broker in Sydney, turning your homeownership dreams into reality has never been more achievable. Understanding the First Home Loan Deposit Scheme The FHLDS is a government initiative that helps first-home buyers purchase a home with as little as a 5% deposit. Normally, banks require a 20% deposit to avoid paying lenders mortgage insurance (LMI). With the scheme, eligible buyers can enter the property market sooner, with the government acting as a guarantor for the difference. This reduces upfront costs significantly and provides a pathway to homeownership for Australians who migh...

A home loan is often the largest financial commitment an Australian will ever make. Even a small change in interest rates can make a huge difference to monthly repayments and long-term savings. That’s why smart borrowers are always looking for ways to reduce their home loan interest rate—and with the right strategies, it’s absolutely possible. At Kandid Loans , proudly serving the Hills District in Sydney , we help homeowners and buyers secure competitive rates through smart planning and expert guidance. Here are some of the most effective strategies to lower your home loan interest rate. 1. Compare Lenders—Don’t Just Stick to One Bank Many borrowers stay with the same bank for years, assuming loyalty will earn them discounts. Unfortunately, that’s rarely the case. Different lenders offer different promotional rates, refinancing incentives , and policy benefits. By comparing multiple lenders, you gain leverage and increase your chances of securing a lower interest rate. Kandid Loans s...

Buying a home is one of the biggest financial decisions you’ll ever make — and it’s not just about finding the perfect property. Before you even start house hunting, there’s one crucial step that can make your buying journey smoother, faster, and more confident: getting a home loan pre-approval . At Kandid Loans , we help homebuyers understand the power of pre-approval and why it’s such an important part of securing your dream home. Whether you’re a first-time buyer or looking to upgrade, getting pre-approved gives you a clear idea of your budget and a competitive edge in the property market. What Is Home Loan Pre-Approval? A home loan pre-approval (sometimes called conditional approval) is a lender’s indication that you qualify for a loan up to a certain amount, based on your financial situation. It’s not a guarantee of final approval, but it shows sellers and real estate agents that you’re a serious buyer with verified borrowing capacity. The process involves submitting details such ...

  Refinancing your home loan can be a smart financial move—especially when interest rates change or your financial goals shift. But before making the decision, it’s essential to understand both the advantages and the potential downsides. At Kandid Loans , our experienced mortgage brokers in the Hills District, Sydney , help homeowners make informed choices that suit their long-term goals. Here’s a closer look at the benefits and drawbacks of refinancing your home loan. ✅ Benefits of Refinancing Your Home Loan 1. Lower Interest Rates Securing a cheaper interest rate is one of the main motivations for refinancing. Even a small rate reduction can lead to significant savings over the life of your loan. At Kandid Loans , we compare offers from multiple lenders to find you the most competitive rates available in Sydney. 2. Reduced Monthly Repayments By refinancing, you may be able to lower your monthly repayments, freeing up cash for other financial goals such as investments, renovations...