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.
If you want to buy a property, but don’t have a deposit, a guarantor home loan might be an option for you. A parental guarantee allows you to borrow 100% of a property’s value. While they can be a great solution, these types of loans are quite complex. Getting guarantor home loan can be a lengthy process.
Changing circumstances and needs often lead to people thinking about selling a property, and buying a new one…Whatever, the reasons, this is a common decision. However, changes to lender rules have made it more complicated situation.
They say elephants never forget – well neither do lenders. Most people realise that your credit history affects your ability to get a home loan. However, your long past experiences and interactions with individual lenders can have an impact on home loan applications now.
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.