The prospect of buying your very first home is an exciting one. There are so many factors to think about. Of course, one of the main considerations is price. The amount you can afford will have a large bearing on your choice of property.
Are you a property owner, planning on making another purchase? You may want to use equity from your current property as a deposit for the next one. This is also known as getting “cash out” for a deposit. While this is a relatively common process, it can also be a complex one. A little planning and forethought can go a long way to making it easier.
Taking cash out of your mortgage can be a great solution in a number of circumstances. It’s a viable and competitive alternative to personal loans and racking up credit card debt. Using this option can be very helpful if you’re looking to consolidate debts, carry out renovations, or need cash for another purpose.
At Bee Finance Savvy, we often help investors by assisting them in reaching their goals. Often this involves helping them get a new investment loan. It can also be helping them refinance their existing properties. This might be to get cash out for an upcoming purchase, or to find a better interest rate.
“Crack down on investor lending.” We see this a lot in the news. These crackdowns are often the result of regulatory pressure on lenders. But what does it really mean for people who want an investment loan?
We are committed to changing the face of finance brokers. We know how important your goals are, and understand the importance of getting the most out of your loan, without paying unnecessary interest or charges. Our goal is to help you, within your own unique situation, to achieve the greatest savings possible.