Sydney resident, James asks “Where does Mortgage World Australia see the property market heading over the next 3 years“ Predicting the future growth or decline in Australian property markets is a favourite pastime of various newspapers and the media. When the media are required to produce newsworthy content a ‘doomsday… Read more
Erina resident, James asks “My partner and I are interested in a property at Terrigal on the Central Coast, however it’s just above what banks will lend us. How can we increase our borrowing capacity?“ This is a common question because we often find that when people apply for… Read more
Jindalee resident, Katrina asks “I’ve been told that lenders have changed the way they look at living expenses recently, and take things like Foxtel and Netflix into account. Is this true?“ Yes Katrina, things have really changed over the past few years, and even things like going for lunch… Read more
Wetherill Park resident, Lou asks “My bank said I can’t borrow the amount I need. They know I can afford it. Will another lender give me the money I need?“ In the last couple of years, lending criteria has become far more stringent mainly due to the regulatory pressure… Read more
Adelaide resident, Kirk asks “I have bought a company title unit, but my bank said it’s unacceptable security. Are there any lenders that can help me finance a company title unit?“ There are two main types of unit titles in Australia. There is a strata title, and then there is… Read more
Coopers Plains resident, Nihal asks “My bank declined my home loan application since I only recently started a new job. Can you help?“ While not common there are lenders that will consider applicants that have been employed in a new job for as little as one day or who have… Read more
General Practioner, Katie asks “I’m a General Practitioner and my colleague mentioned that I might be eligible for some special home loan benefits, is that true?“ Thanks for the question Katie, it is certainly true, and we’re glad you asked. Here’s some advice to point you in the right direction,… Read more
Perth resident, George asks “I’m self-employed but my tax returns aren’t up-to-date. Can I still obtain a home loan?“ Thanks for the question George. Of course, sorting your tax out before borrowing might be your best bet, there are still some options available to you. If you do not have… Read more
Bankstown resident, Julia asks “I’m currently on maternity leave and my husband and I wish to purchase a property. My bank has told me we won’t qualify until I return to work, are there any lenders that can help us before I return to work?“ Fantastic question sent in by… Read more
Western Sydney resident, Katrina asks “I defaulted on a personal loan a few years ago and I think I’ve got a bad credit rating. Would I be able to get a home loan?“ Great question Katrina, and certainly one we deal with a lot here at Mortgage World. This… Read more