Mortgage Broking

Funding Position; More Important Than Borrowing Capacity?

When you’re looking to buy a house, it’s pretty natural to look at “how much will the bank lend us”? But while borrowing capacity (how much can I borrow?) gets all the attention, funding position is equally, if not more important when assessing how much you can spend on a property.  So many times a client…

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What Do Lenders Use As Your Income When You’re Self-Employed?

If you’ve ever wondered how much money you could borrow you’ve no doubt found a lender’s borrowing capacity calculator, plugged in a few details and out spits a number – and if you’re an employee for the most part that’s fine.  There are a few wrinkles when it comes to casual employment, bonus’, and regular…

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Before You Refinance Your Home Loan, Try This

How much money, after tax, can you make in an hour? $50? $500? $5,000?How about $200,793? According to the Australian Bureau of Statistics, the average Australian earns $1,714 per week before tax.  That’s $1,309 after tax which equates to $34.45 per hour.And the average mortgage across this great brown land looks like this State Average Mortgage…

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