How Does My Spending Affect My Home Loan Approval Chances?
Home loan approval is more than showing a lender you have a deposit and consistent income. Lenders are now closely reviewing your spending habits to ensure you can afford the loan you have applied for. Do you spend a lot of money on take away food, have a high mobile phone bill or like to […]
Helping First Home Buyers Consider Their Options
This month, we saw a couple that are self-employed and were struggling to get finance for their first home. As first home buyers, they opted for a specific type of loan for applicants with low deposits, however due to the complexity of their business structure, the lender would not grant them the finance that they […]
The Benefits of using a Finance Broker vs Banks
Why use a broker when you can go direct to a bank? The answer is, why wouldn’t you use a broker? Using a broker can save you a lot of time, stress and money! There has never been a more important time to use a broker as banks are tightening their lending criteria more than […]
Perth’s Top 10 Affordable Central Suburbs
Are you looking at living near Perth’s CBD? There are still great house prices in and around the CBD and you don’t have to look far to get value for money with so much opportunity. Here is a list of Perth’s top 10 cheapest suburbs near the CBD to help you in the search process. […]
Genuine Savings: Why First Home Buyers Need to Know the Rules
If you’re thinking about buying your first home, you probably already know that saving a sizeable deposit is an important part of the process. However, did you know that a percentage of the deposit may need to be what the bank considers to be “genuine savings”. This policy may apply where you are borrowing more […]