What you may not realise, is that the majority of lenders will still insist on factoring in a “nominal” rental amount, which can dramatically affect the amount that you can borrow.
At Bee Finance Savvy we work with home buyers in matching them with a lender whom will better suit their needs and consider their income versus expenses more favourably. This can mean going to a lender whom will not nominate a rental amount in your expenses when you aren’t paying any.
This can allow thousands of dollars per year in income being included in their workings and allowing you to borrow tens of thousands, even hundreds of thousands more than some other lenders.
If you would like to check your borrowing capacity and you are living at home rent free, wishing to purchase an investment property, contact Bee Finance Savvy on 1300 140 554, or email email@example.com
You can also see what some of our other happy customers have said here – https://www.womo.com.au/reviews/Bee-Finance-Savvy-Miranda
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