Many people plan on buying an investment property, and save hard for their deposit. If this is your goal, it’s important to make sure your investment property deposit is big enough. Changing lender rules have had a big impact on how much investors have to save.
Everyone knows that different lenders have different interest rates, and loan packages. But did you know that your borrowing capacity also varies between lenders? While one bank might lend you one amount, another lend you much less. Why is this, and how can affect you?
In this day and age, almost everyone has at least one credit card. If you are looking to apply for a home loan, there are a number of factors you need to keep in mind. These factors can affect your eligibility with some lenders. They can also lead to last minute disasters – such as being declined.
