Just like you, banks are in business – and they don’t succeed by making bad deals. When they consider your loan application, they’re calculating the financial risk of entering into an arrangement with you. Let’s break it down. What the bank considers For the bank,...
The array of mortgages available helps a good credit adviser to tailor a package to suit your needs. Here are just some of the options. Fixed-rate mortgages With a fixed-rate loan, you know exactly how much you’ll pay per month for the fixed period of the loan...
Securing a business loan in Australia isn’t necessarily difficult but knowing how to navigate your way can be the difference between success and failure. Banks and other financial institutions offer a wide range of business finance options, from commercial property...
If you’re looking for a home loan but are inexperienced with finance brokers, attending your first appointment with a broker can be a nervous experience. Getting a home loan, after all, can be quite complex for a first-timer. There are lots of brokers around and there...
Lenders are currently taking up to 21 days to pick up a home loan application for assessment. Fourteen days has always been sufficient time for finance, however at the moment this is proving difficult and many customers are feeling extremely frustrated with the...
Most business owners are aware that monitoring cash flow statements, and managing expenditure is key to keeping on top of their business. If the numbers are going in the right direction, then you should be making more than you’re spending. If the numbers are...
