Are you self employed and thinking about getting a home loan? Lenders will vary greatly in the way they treat self employed applicants. There are a variety of factors involved in a self employed application. They are often more complex than home loan applications for those whom are payg. Why Self Employed Applicants Need
It can be difficult to get the home loan you want, when your income includes penalty rates. Not all lenders will view this income the same way. What is the issue with penalty rates? In recent months and years, there has been a variety of measures taken by lenders, that can reduce how much applicants
If you have less than a 20% deposit, its important to know if your home loan savings counts as per lender criteria. Why wouldn’t my savings count? There are many reasons that a lender may not count your savings as genuine. If you have less than a 20% deposit, in general, than stricter criteria may
Many clients come to us, wishing to purchase an investment property. This may be for their first property, or their second, or even more. How lenders assess how much you can borrow When we look at how much you can borrow for an investment property, we look at calculations used across various lenders. When working
We see a lot of varied goals here, and purchasing property without your spouse is one of them. Why would you buy property without your spouse? There are multiple reasons that a husband may wish to purchase without his wife, or a wife to purchase without her husband. Perhaps one party already owns multiple properties
It’s great to get a pre approval in place before you buy a property. It’s not always easy to be confident with your pre approval though. There are some varying degrees of approval. Why you need to check if your pre approval is valid One issue is whether your pre approval has been fully assessed,
We provide expert advice to help you purchase your next home, or to refinance when your needs have changed. We stay up to date with dozens of lender policies. This can save you hours of hunting around, looking for the best options. Leave that to us!