Category: Home loans

Posts related to Home loans

mortgage broker

We have lenders with a range of flexible products that offer Tax Debt solutions;

Whether it is Full Doc and Alt Doc borrowers Up to 90% LVR No limit to the amount of tax debt to be consolidated

dbij financace mortgage brokers

 

Are you concerned about your credit rating because of  Defaults, you don’t have to be as all defaults up to two years ignored this will help you move on towards your desired goal, as we tailor solutions that make you look financially smart!! This offer is for a limited time, expires on 30/11/2018.

 

how to get a loan approved after being declined

How to get a loan approved after getting declined

It’s one thing when the banks say no to a borrower with an “out-of-the-box” scenario as we don’t live in a perfect world along with the fact that there are events that occur in anyone’s life that one cannot control, but what happens when an everyday event that occurs & one of the clients request to borrow funds gets turned down?

Recently we examined a scenario my client had approached a major bank to apply for a loan solution as the borrower was seeking a loan of $550k to purchase another property as they had considerable funds held in their savings account, but despite his clear credit history, the bank would only lend him $325k.

 

We captured the borrower’s circumstances in one of the many banks servicing calculator, in the same way as they had been given to the bank, to see whether we would be able to [...]

9 Income Sources That will help you Boost Your Borrowing Power

Whether you’re planning to buy your first home or an investment property or just want to upgrade to a larger dwelling, then it’s essential to maximise your borrowing power by fully considering your income source.

Banks and other lenders assess your supplementary income streams quite differently to your base salary. And each bank employs their own unique set of policies and criteria to determine how much they’re willing to lend.

A detailed appraisal of all your incomes sources is necessary to secure the most appropriate loan for your situation. All possible income sources need to be reviewed. Whether these income streams are assessed correctly or not, could mean the difference between securing your dream home, or missing out to another buyer.
9 Income Sources That will help you Boost Your Borrowing Power

Here are 9 income sources that you need to assess:

Bonus Income

Do you earn a regular bonus at work? If you do, [...]

secured loan

Taking out a secured loan can have far reaching consequences for your finances, and so it pays to take your time over the decision. This article discusses some of the potential drawbacks that you should be aware of before committing to a loan.

Secured loans are a popular way of raising funds for homeowners, and there’s no denying that taking one out can be a great way of organizing your finances. Debt consolidation, financing home improvements, even paying for a new car – secured loans can be used for all of these. However, as with any financial agreement, it’s only sensible to take your time when deciding whether to proceed. After all, with a secured loan, you could be betting your home on a successful outcome. As the name indicates there is an exchange of a security home / Business / an asset which is secured by the lender as the first mortgagor, So what [...]

secured loans

When considering secured loans it is important to remember that if you have bad credit and a low credit rating you are an increased risk to the lender because of your financial history, and this means that the lender has to take extra precautions.

This is why many lenders will only offer Secured loans on a secured basis, so that they have some form of security in the event that you default on your loan repayments. You will also find that the interest rates on Secured Loans are higher, than that is offered on loans for people with poor credit rating than that offered on loans for people with good credit. However, you can still get some very competitive rates on Secured Loans, and the choice of Secured Loans are better as it includes more and reputable lenders offering this facility.

You can use Secured Loans for a range of purposes, and provided you make [...]

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