Keep up to date with expert advice and information from Bernie Lewis Home Loans
We provide property reports free of charge with current and relevant information about a property. These reports can include estimated value ranges, comparable recent sales in an area, suburb history, and rental information.
Bernie Lewis Home Loans partner with new lenders who really want to refinance SMSF loans. See if you can get out of the SMSF mortgage prison with our help!
Household Expenditure Measure (HEM) is a measurement tool used by lenders to approximate living expenses. This tool helps to determine your available income which may be used to calculate how you can repay a home loan. HEM is a figure that represents the average dollar amount that households spend each year. There are different HEM categories and your mortgage broker and lender will match you to a corresponding HEM category.
It is often said that a property is worth what ‘someone will pay for it’. But sometimes you need an educated estimate before the negotiations begin.If you are thinking of selling your home, you should take steps to find out what your estimated property value is.
