As a Mortgage broker, I have seen first-hand the importance of financial planning in maximising borrowing capacity. When clients come to me seeking a mortgage, I make sure to educate them on the role that financial planning plays in the process. Financial planning is...

As a self-employed borrower, obtaining a mortgage can be a bit more challenging than it is for those who are employed by someone else. This is because lenders need significantly more information to assess a self employed applicant's income compared to a salaried...

As a mortgage broker, it's essential to understand the factors that affect a borrower's capacity to take out a loan. These factors play a crucial role in determining whether a borrower will be approved for a loan and, if so, at what terms. In this blog post, we'll...

Paying off your mortgage faster can seem like a daunting task, especially if you have a large mortgage or are on a tight budget. However, with a little bit of planning and some smart strategies, you can make a significant dent in your mortgage balance and save...

Borrowing capacity is an important factor to consider when applying for a loan, as it determines how much money a lender is willing to lend you. In order to maximise your borrowing capacity, it's important to understand the different loan structures available and how...

As a mortgage broker, it's essential to understand the role that credit scores play in determining a borrower's capacity to take out a loan. Your credit score is a measure of your creditworthiness and is used by lenders to determine the risk of lending money to you....

One of the most common questions I get asked is how to increase one's borrowing capacity. To answer that question I look at your borrowing capacity in relation to (a) your income servicing ability, and (b) your security (deposit). Lenders assess your maximum borrowing...

We are incredibly fortunate in Australia to have access to so many home loan grants and schemes. But as positive as it is, it can also be overwhelming. I’ve simplified the 4 main schemes and grants available, along with the eligibility and other factors to consider...

If you’re looking to get on the property ladder right now in Australia, you might be wondering if it’s even worth it. After all, there have been six interest rate rises this year since May 2022, totalling a combined 2.75%! But all is not doom and gloom for new home...