Find out one of the behind-the-scenes reasons why the bank has rejected your mortgage application and what test interest rates are.
One of the reasons your mortgage application might have been denied is due to benchmark lifestyle expenses. When you declare your expenses in your application, even if they’re accurate, the bank will increase them, if they are lower than their minimum amount for that expense.
Learn how short term debt can impact a mortgage application. Short term debt is so easy to use. Depending on your income levels and how much lending you are applying for, short term debt can stop you from getting
Mortgage Broking 101 teaches you what a Mortgage Broker does and how they can help you into buying your first home, next home or an investment property. Looking at buying your first-ever home? We know how daunting this can be. The information, the paperwork, and new terminology, some of which you may have never come across before, all seem excessive and overwhelming.
Learn how to read your pre-approval letter from your bank or lender, what you should pay attention to and take note of such as the expiry date for the letter, conditions and so on.