Articles by Daniel Gold

Daniel Gold is an investment savvy finance broker specialising in residential real estate. He is a rising star in the industry and was recently recognised by Mortgage Professional Australia as being the 5th top mortgage broker in Australia. Visit www.longproperty.com.au


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Fuelled largely by a reduction in ‘assessment rates’ – the interest rate lenders use in their serviceability calculations, borrowing capacities for certain clients have increased 10% over the past couple of months. Here are two examples from recent tests we’ve done for clients… * NAB broker serviceability calculator, accessed 15 November 2020 (previous version) and…

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I’ve seen a number of quite alarming headlines recently that there’s going to be a wave of mortgage defaults in September/ October once the relief measures like Jobkeeper and loan repayment deferrals end simultaneously. Here’s an alternative point of view… Firstly, readers can take comfort that the Australian Prudential Regulation Authority (APRA) and the banking…

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Good news… before applying for your home or investment loan, you may no longer have to scrimp on beans and rice. In breaking news for home loan industry yesterday,  the Federal Court dismissed allegations against Westpac that it breached responsible lending laws more than 250,000 times between 2011 to 2015. In 2017, the corporate regulator…

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The process for obtaining commercial finance, and preparing for a commercial purchase, is a lot different to what many investors would be familiar with in the residential setting.  So let’s look at some of the key differences between commercial and residential lending to help you understand the difference. Commercial finance examples – for commercial property…

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Attention home buyers… as of now, the amount you can borrow may have just increased by as much as 14 per cent.  The banking regulator APRA has now officially set new rules for how the banks calculate your borrowing capacity. When conducting their serviceability tests, lenders were previously made to do calculations based on an…

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