Property Finance
As with any finance you need to know that you are getting sound advice so that you can be in the best position to make the right decision and property finance is not different.
At natloans we specialise in property finance. There are many options available to you when it comes to property finance.
We have some very unique products and have solutions to help most people.
We pride ourselves in listening our client to find the best solution to meet their needs and circumstances.
Where Do I Start With Property Finance?
We recommend getting pre-approval first. They you know how much you have to play with. This means that you can go to house hunting.
Credit rating
Your credit rating is determined not only by your previous loans but also how well you paid off the loan. Were your payments on time or were they late (Late payments will usually result in a ‘slow’ credit score which can be shunned upon by some lenders). Another factor to effect your credit rating is the number of enquiries you make 2 or 3 a year is acceptable but 5 or 10 in a year or a very short period may result in you have an ‘active’ credit score.
Deposit which has slowly saved is very desirable and will greatly improve your chances of being approved. Lenders link to see that it is your money and they you know how to budget and save. They will require at least 3 months of bank statements.
For a free home loan assessment or alternatively use our free home loan calculator where you can estimate your monthly repayments.
