by Leanne Watson | Apr 30, 2024 | Business, Commerical, Consumer, 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. The bottom line when we’re giving credit ourselves,...
by Leanne Watson | Apr 29, 2024 | Business, Commerical, Consumer, 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 | Business, Commerical, Consumer, Investing, Residential, 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 | Consumer, Investing, Residential, Self Employed
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...
by Leanne Watson | Mar 15, 2024 | Business, Commerical, Consumer, Investing, Residential
Lending is an important part of the financial industry, and for a lender to make informed decisions about lending money, they need to consider certain factors. These factors are collectively known as the “Five C’s of Lending”. The Five C’s of...
