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’...
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...
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...
Standard Variable & Fixed Rate Loans

Standard Variable & Fixed Rate Loans

The variable rate loan offers more features and flexibility than the basic fixed rate loan, so the rate is usually slightly higher. Fixed rate loans are set at a fixed rate for a specified period – usually one to five years. This gives you the advantage of knowing how...