- In Bee Savvy - Getting the most out of your loan, First things first - Steps before applying for finance, Getting ahead - How to improve your finances
The idea of buying a property when you’re single, can be daunting. Many people think it’s too hard to get a home loan if you’re single. But it doesn’t have to be!
Getting approved for a home loan when you’re single – is it possible?
Income is one of the most important factors when applying for a home loan. So, being single does come with it’s own challenges. But this certainly doesn’t mean that you can’t get a home loan if you’re single.
In fact, at Bee Finance Savvy, we’ve helped quite a few single people reach their property goals, by helping get approved for a home loan.
Getting a home loan on a single income doesn’t leave a lot of room for error. This means that careful planning is required. It’s crucial that your income, expenses and situation are correctly assessed before you apply. The last thing you need, is to be declined and have a troublesome mark on your credit file.
By accurately assessing your financial situation, Bee Finance Savvy is able to provide you with your borrowing capacity. This allows you to set a budget, and work out what properties are within your range.
The right lender for you
There is no right lender for everyone, not even people who are single! At Bee Finance Savvy, we stay constantly up to date on all our 30+ lenders policies and rules. This lets us work out which lender is right for your individual circumstances. Through careful assessment, we make sure that we maximise your chances of being approved, with the right lender, for the right amount.
This way, you can plan your property purchase with confidence!
If you’d like a completely obligation free assessment, so that you can understand your options for buying a property,
get in touch today! Our friendly broker Desiree is here to answer your questions, and get you on your way to reaching your goals.
If you’d like to hear from just some of our satisfied customers, take a look at our reviews on WOMO https://www.wordofmouth.com.au/reviews/bee-finance-savvy-miranda