by Leanne Watson | May 1, 2024 | Residential, Business, Commerical, Investing, Self Employed
So, we’ve talked about Capacity in relation to those people who have a ‘job’. When it comes to the ‘Self-Employed’, whether you’re a sole trader or you operate your business as a partnership, a company or a trust, it’s a whole other ball game. When you’re employed by...
by Leanne Watson | Apr 30, 2024 | Consumer, Business, Commerical, Investing, Residential
So, we’ve talked about Credit Rating and Character in relation to loan approval. The next thing to discuss is right up there when it comes to getting your loan approved and that’s your Capacity to repay the debt. What Is Loan Repayment Capacity? The bottom line when...
by Leanne Watson | Apr 29, 2024 | Consumer, Business, Commerical, Investing, Residential, Self Employed
In the last post we looked at Credit Score as the aspect of character most lenders look at first when a finance application is submitted. Therefore, to round the topic off, in this post we’ll look at the broader aspects of Character and the different things lenders...
by Leanne Watson | Apr 28, 2024 | Residential, Business, Commerical, Consumer, Investing, Self Employed
There’s a lot of things lenders look at when they’re considering whether or not to approve a loan application. Not many people realise that, like all businesses, lenders have their niche or target market and as a by-product of that, they develop their credit policy to...
by Leanne Watson | Apr 27, 2024 | Self Employed, Consumer, Investing, Residential
Buying property as a self-employed investor unlocks doors, but let’s face it, traditional mortgages rarely consider your hustle’s potential. Are you frustrated by navigating complex applications and limited options? If so, you’re not alone. But what if...
