If you are self employed and looking to purchase a home or refinance, it is important to know how lenders will view your income, as it is usually not as straight forward as you may think. How Do Lenders View Self Employed Applicants First of all, for a mainstream lender to consider your self employed
If you are looking to refinance your existing property and your name has changed since you originally purchased, there are some extra steps involved to ensure everything runs smoothly. When Do Names Change After Purchasing Property? The most common reason that someones name would have changed since they purchased a property, is of course due
Great news for those wishing to enter the property market, or for those wanting to refinance . What Is An Assessment Rate? When you apply for a home loan, whether to purchase or refinance, each lender will look at your income and expenses to determine how much you can borrow. However, they all have their
Applying for a home loan as a single parent can be challenging. Whether you are looking to refinance, or to buy a new place for your family. Having one wage to look after all your expenses can be daunting. If you receive income support such as family tax benefit or child support this can help.
If you are looking at buying a home or investment property, or refinancing a current property loan, you would be aware that your income and expenses is one of the most crucial factors regarding how much you can be approved for. However there are other factors involved that lenders will look at, such as your
A recent Australian survey has found that 17% of home owners have borrowed against their home for items such as home renovations, school fees and holidays. Is borrowing against your home a good idea? For those who have purchased recently, using a small to moderate deposit, than borrowing against your home may not be a
