by Editor | Dec 21, 2021 | Home Loan Tips
There are various ways to get a mortgage, but let’s focus on two main aspects of the process: mortgage brokers and banks. Mortgage brokers work as middlemen between mortgage lenders and homeowners, securing financing on the wholesale level. Banks provide funding...
by Editor | Dec 7, 2021 | Home Loan Tips
When you are trying to decide on a home or a property to invest in, one thing you should think about is your borrowing capacity. Your borrowing capacity is the maximum amount that you can spend on a mortgage. Your capacity to borrow will vary from lender to lender and...
by Editor | Nov 5, 2021 | Home Loan Tips
Acquiring that new home in Melbourne can be a daunting task. You must perform ocular visits to scout for the best location and best price that fits your budget. Then, there’s the actual budgeting, where you need to allocate funds for the eventual home loan! Don’t...
by Editor | Oct 14, 2021 | Home Loan Tips
Settling down in a home you can call your own is a dream of many, and while it’s everyone’s goal to unlock their new abode in one lump sum, the reality is that most need loan applications to make homeownership accessible. Whether you’re looking to upsize, downsize, or...
by Editor | Oct 11, 2021 | Home Loan Tips
Loan rejections are normal. You have to understand how banks work and the risks involved with granting loans. At the end of the day, home loan programs are serious financial undertakings. Not only are there bigger risks for them, but also for you. You can default on...
by Editor | Sep 30, 2021 | Home Loan Tips
Many things can get you excited in life, such as buying your first home. After all, your years of hard work are now finally paying off, so it only fits to get excited. However, a single mistake can cost you later on during the homebuying process. No matter how much...