Everyone knows that different lenders have different interest rates, and loan packages. But did you know that your borrowing capacity also varies between lenders? While one bank might lend you one amount, another lend you much less. Why is this, and how can affect you?
There’s no doubt that getting a divorce is stressful. It’s even more stressful if you need to buy property from your ex, during the dividing of assets. It’s probably the the last time you feel like going through the hassle of applying for a home loan. With so many things that can affect the income, it’s important to take all the right steps.
Recently, there’s been a lot of focus on how mortgage brokers choose lenders for their clients. People are rightly concerned over what influences these choices. So at Bee Finance Savvy, we’d like to make our process crystal clear.
Recently, you’ve probably seen some great home loan packages advertised. Perhaps one of them looks like the perfect solution to your situation. However, as in all advertising, not everything is as straightforward as it seems.
With the number of self employed Australians on the rise, it’s quite common for people to apply for a home loan as a the director of a company. While there is nothing at all wrong with this, it can lead to a few complications.