When you apply for a home loan, lenders will look at many factors before deciding whether to approve your application or not – and if you don’t “pass the test” for any one of these, they are quite likely to turn you down.
Tag - home loan
If you want to draw down on the equity built up in your property, you may be in for a nasty surprise.
Applying for a home loan can be a complex process for entrepreneurs or freelancers ‒ people who have uncertain or unpredictable income flows.
With interest rates rising and the economy slowing, is now the time to make the biggest investment of your life?
The pros and cons of keeping a home loan facility open once it's been paid off.
A reader wonders whether there's any benefit to splitting his monthly mortgage repayment into two payments.
Don’t let banks bully you into taking on unnecessary credit just so you can build up a credit record.
Paying additional funds into your mortgage each month – even if it's just a small amount – can make a significant difference.
In a volatile interest-rate environment, it's important to keep your mortgage repayments stable. Episode 7 of our Change in your Pocket series looks at the financing of your home.
As interest rates increase, many homeowners are wondering whether or not to fix their mortgage repayments to provide more certainty around what their repayments will be in the future.