Loans

So how do you put the odds in your favour when trying to get your home loan approved? 

It’s time for many property owners to swap their auction itinerary on Saturdays for building tools as home renovation loans surge amid worsening housing affordability conditions.

Taking on a loan for your business can sometimes give it the shot in the arm it needs to really get it going. Having debt

While most people focus solely or predominantly on rates and fees when deciding on the appropriate loan, there are many other factors that should be considered and too often aren’t. For more sophisticated investors, including those with several properties, high income borrowers and those investing in commercial properties, this is even more so. Below are some of the more important factors in choosing a loan that are often ignored at the detriment of the borrower:

Lenders have been turning up the heat recently in their bid to gain their share of the home loan market.

The other day, while doing some analysis on the loans lodged over the past year and looking at the timeframes and where delays have occurred, I was struck by the number of stages that a loan application needs to go through before settlement and the number of people that the file depends on to go smoothly.

As banks are taking more risks in their lending to capture the low interest rate $1.3 trillion mortgage market, it has sparked more warnings to banks to be wary

A group of prominent real estate agents has launched a petition to rally against the practice of underquoting.

No finance, no investment. It’s that simple. So how do you get the bank to say yes to your mortgage application each time you ask?

1. Look for an eager vendor

A vendor under distress is the most obvious component of a cheap purchase. There is no moral high ground here– often it’s a case that the seller needs a quick disposal and is willing to cut back on the price in order to move the bricks and mortar on.