Buying your first home? Here are 7 things you need to know. Bigger deposit, better position While some lenders can offer low-deposit loans for less than 5 percent of the purchase price, saving around 20 percent can offer you big benefits: Access to a wider pool of lenders and products You need to borrow less …
Bad credit rating making it hard to get a home loan? Lots of things can affect someone’s credit history, getting sick, redundancy, divorce, forgetting to redirect bills if you move, or just an accidental slip on timing can mean late or even missed payments. If you have credit issues from these sorts of situations there …
5 top tips for sorting out a home loan application with credit issues Read More »
6 steps to build that home loan deposit when you’re your own boss. When you’re self-employed you know only too well, your income can vary each month and that makes saving up for a home pretty tough going. If you really want to show potential lenders you’re a good candidate for a home loan, having …
6 Home deposit saving tips if you’re self-employed Read More »
Discharged from bankruptcy and wanting a home loan? There is hope. Recovering from bankruptcy can be a long and difficult process. And even when you’ve been discharged or completed a debt agreement, some lenders will automatically decline your application for a home loan because of the history. However, there is good news. Some lenders look …
Discharged from bankruptcy and wanting a home loan? You have options Read More »
Is bad credit a total barrier to a home loan? Your finances can get a bit out of control sometimes, for all sorts of reasons. Illness, divorce, redundancy – sometimes, just getting overwhelmed with things to do and accidentally missing a bill payment. The end result can be that you get put in the bad …
Self-employed and struggling to get a home loan? An Alt Doc Loan might help. If you\’re self-employed or you own your own business, you’ll know all about the challenges of admin – keeping your accounts, finances and income flow all on track. It\’s not easy. The last thing you need is a ‘no’ on your …
Self-employed and want a home loan? An alt doc loan might be right for you Read More »
How to save a much larger home deposit When you are thinking about your first home, finding out you should be thinking about saving for a 20 per cent deposit can seem really overwhelming. The good news is that for some of the big non-bank lenders like Pepper Money, a minimum deposit required on some …
