Recently the banks started to scrutinise living expenses when you need to borrow. They will closely analyse the last 3-6 months bank statements which can lower your borrowing capacity. I will help you with your weekly budget to increase your borrowing capacity, and make this process easy for you.
Category Archives: News
New changes will help increase your Borrowing Capacity
On Tuesday APRA (Banking Regulator) proposed to unwind a key constraint that was put on lenders during the property boom. APRA proposed scrapping a rule that has meant all home loan borrowers are assessed on their ability to manage repayments with 7.25 per cent interest rates. This means Borrowers will be able to borrow tens […]