Time and time again, we hear reports that Australians don’t understand home loan features. As brokers, this something we see often. People frequently don’t know what lender terminology means.
Worried about house price changes? You aren’t alone. In a recent survey, more than 60% of Australians were worried about losing money on their property. A similar number of people, were concerned about owing more than their property was worth. Almost half of those surveyed said they regretted how much they’d paid for their property.
If you have investment property/s, then having lenders calculate rental income for your next property application is essential. It is only natural that customers will not be aware how lenders calculate rental income, but this is a vital piece of the puzzle. Why Lenders Calculate Rental Income Whether your applying for a home loan, or
