Is It Possible to Buy a House with Bad Credit?
If you’re thinking that your bad credit will prevent you from getting a house, think again. You can definitely get a home, in spite of your bad credit. There are plenty of bad credit mortgage loans for people in your shoes. That being said, let’s see how you could get your hands on one of the bad credit mortgage loans designed for Aussies. Your priority should be to highlight your reliability as a borrower. How do you do that? Provide a Larger Down Payment Even though credit score is the first thing a bank or lender looks at before approving […]
5 Ways to Find Out What Type of House You Can Afford
If you’ve made your decision and you want to take the necessary steps towards home ownership, the first question that crosses your mind will be: how to find out what type of house you can afford. Fortunately, you have come where you need to be. Keep on reading to find out our tips on the topic! Analyse Your Income A decent starting point that will aid you to find out what type of house you can afford is carefully evaluating your annual income. Many financial experts assume that borrowers shouldn’t spend more than 30 percent of their gross income on […]