Many people dream of owning an investment property for financial security. Rising property prices, as well as increases to the cost of living can make this hard. But that does not mean you can’t achieve your goal of buying an investment property.
Lifestyles of the rich and famous….certain professionals including models, sport stars, actresses and DJs are eligible to borrow 90% of a property purchase price and not have to pay mortgage insurance.
Buying your first home is a very special milestone. As property prices continue to rise, reaching this goal is becoming more difficult for many people. In addition, lender policies and government legislation have become stricter. At Bee Finance Savvy, we pride ourselves in helping first home buyers reach their goals.
It’s not hard find yourself in a situation where you have a black mark listed against your name on your credit file. Perhaps it’s a telephone bill that you were disputing. Maybe an electricity bill wasn’t forwarded to your new address when you moved. Or maybe it was a small credit card balance that you thought had been taken care of. These simple things can leave you with a default in your credit history. You might therefore think you can’t get a car loan.
Bee Finance Savvy has some great news for home seekers! Recently, many rules regarding getting a home loan have become stricter. But one area has eased up with some of our lenders, therefore making it a bit easier to get an approval. This is thanks to a mortgage insurance providers relaxing their policies. Easier rules for home loan deposits