How lenders decide if you’re a good or bad risk

How lenders decide if you’re a good or bad risk

The four C’s Lenders look at for home loan approval For lenders to decide whether to provide you with a loan or not, they will generally assess you against four qualities.   All lenders have different eligibility criteria so there’s no ‘one size fits all’...
How do you rate?    What your credit file says about you!

How do you rate? What your credit file says about you!

How do you rate? What your credit file says about you Your Credit File Report (CFR) is a document that banks and financiers refer to in determining whether you are a ‘good’ or ‘bad’ risk – financially speaking. Each time you apply for finance, whether it is for...
Down Valuations Explained & Tips to Manage

Down Valuations Explained & Tips to Manage

Building a new home is exciting!  It’s important to know about valuations and how to avoid shortfalls You’ve taken the first steps to getting into your new home. The land is chosen, you have the perfect floor plan and getting to the exciting part of picking and...
6 Negotiation Tactics for Spring Property Buyers

6 Negotiation Tactics for Spring Property Buyers

Interest rates remain at a record low currently, and the property market is expected to heat up as we enter spring despite the economic challenges due to the pandemic. Listings are currently lower compared to last year, which means as a buyer there may be more...
What Does a Mortgage Broker Do?

What Does a Mortgage Broker Do?

Mortgage brokers are qualified finance industry professionals. They work with you to determine your borrowing needs and objectives, and to help you determine how much you can borrow. Brokers help to ensure that you don’t take out a loan that is not right for you. Like...