Non Conforming Home Loans There are many reasons why people get turned down for a home loan by mainstream lenders/credit providers. You may not realise that one of the most common reasons is paying a bill late or defaulting on a loan repayment. Other reasons include having a part 9 debt agreement against you, a … Read More “A Guide to Non Conforming Lenders for “Out of the Box” Lending Scenarios” »
Category: Debt technique
Understanding Alt Doc Home Loans Alt doc home loans (also known as low doc loans) are a very flexible lending solution for self-employed people, property investors, people who do not work regular jobs or for new Australian families who have just moved to Australia. This loan type has taken off in recent years to assist … Read More “Alt Doc Home Loans for the Self Employed Australian” »
Property Investment Checklist In recent times, I have found that when people are researching new suburbs and locations for possible areas of property investment, the majority of these people are unaware of the right questions to ask when they are trying to make an informed decision. So, I have prepared this property investment checklist to … Read More “Your Guide to Finding the Right Investment Property” »
Medico Home Loans are available for Doctors and Other Medical Professionals Are you a doctor? Do you want to buy a home? Do not worry about high interest rates and costly home loan packages. There are several lenders/credit providers who are willing to offer special deals and savings to you in the form of Medico … Read More “Home Loans for Doctors and Other Medical Professionals” »
The housing market in Australia is going through a difficult period. The combination of high mortgage rates and stricter lending standards have made the market almost unaccessible for first-time buyers. In addition, the lack of supply has made it even more challenging for would-be homebuyers to get into the real estate market. The prices of … Read More “Will Real Estate Prices Drop In 2022 Australia?” »
Brokers complete the work that used to be done by the banks, guiding the borrower through the process, ensuring that the product they recommend is in line with their goals and meets their requirements and objectives.. They analyse living expenses and explain the costs involved in the process to simplify the application process. The Mortgage … Read More “What does a Mortgage Broker do?” »
How Is Credit Score Calculated? Your credit score is calculated by Equifax based on the information filed in your credit report at a specific point in time. There are several important contributing factors that are considered in calculating your credit score. This includes the type of credit provider, the type and size of credit requested … Read More “Can you buy a house with bad credit?” »
Anyone declaring bankruptcy in the UK must now apply online instead of directly to the court. In this article, we explain how the online application process works and offer some useful tips to help you complete it. Getting started You start your bankruptcy application at the Government’s official website. You’ll need to set up an … Read More “How To Apply For Bankruptcy Online In The UK” »
Fixed-rate mortgages have low-interest rates and this makes them a popular option for homebuyers. If you choose fixed-rate mortgages, you have the comfort that your monthly payments will not rise. You know right from the onset that the interest rate will never go up even when the economy is poor. In addition to this, if … Read More “Choosing the Right Mortgage – 3 Things You Need to Know” »
People sometimes get confused when it comes to “why do people remortgage”. There are a number of valid reasons why people remortgage their property. If you currently have a mortgage and your repayments are high each month but your income has remained the same, this is an example of you having good financial status. Your … Read More “What is Remortgaging?” »