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Home loans guides

Plain-English guides on home loans, written and reviewed by the team at Finance Lab.

Guides in this topic

11 guides
Home loans

What Is Home Loan Portability? How Porting a Loan Works

Home loan portability lets you keep your loan when you move home. How porting a home loan works, what it may cost, and how it compares with refinancing.

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Home loans

What is home loan pre-approval?

Home loan pre-approval shows you may be eligible to apply for a loan up to a set amount. Learn what pre-approval is, how it works, and how long it lasts.

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Home loans

What Is an Equity Loan? Borrowing Against Your Home Equity

An equity loan lets you borrow against your home equity. Learn what an equity loan is, how borrowing against home equity works, and the risks to weigh up.

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Home loans

What Fees Come With a Home Loan? Home Loan Fees Explained

Home loan fees explained: application, ongoing, LMI, stamp duty and exit costs in Australia, plus how the comparison rate helps you compare loans fairly.

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Home loans

How Long Does Pre-Approval Take? Home Loan Pre-Approval Timeframes

How long does pre-approval take? Home loan pre-approval timing depends on your lender and your paperwork, and pre-approval generally lasts 3 to 6 months.

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Home loans

How long does pre-approval last?

Home loan pre-approval usually lasts 3 to 6 months in Australia. Learn how long pre-approval lasts, why it expires, and how to renew it before it lapses.

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Home loans

Home loan pre-approval explained

Home loan pre-approval explained: what pre-approval means, how the process works, conditional versus full approval, and what it means while you buy a home.

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Home loans

The home loan application process, step by step

The home loan application process in Australia, step by step: how to apply, what lenders assess, pre-approval, deposit and lenders mortgage insurance explained.

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Home loans

Granny flat loan options: how to finance a granny flat in Australia

A plain-English guide to granny flat loan options in Australia: using equity, construction loans and personal loans, plus what lenders and the ATO look at.

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Home loans

Documents Needed for a Home Loan: The Full Checklist

The documents needed for a home loan, in one clear checklist: proof of identity, income, expenses and deposit, plus what lenders look for at pre-approval.

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Home loans

Buy Before You Sell: Should You Buy or Sell First?

Buy before you sell or sell first? Compare the costs, risks and ways to fund buying a new home before selling your existing one, plus how to lower the risk.

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This information is general only and does not constitute personal financial or credit advice. Finance Lab, Australian Credit Licence 389328.