Search found 3 matches
- Tue Jul 09, 2019 4:13 pm
- Forum: Home Loan Forum
- Topic: How much is my new borrowing power with the new changes?
- Replies: 5
- Views: 11714
Re: How much is my new borrowing power with the new changes?
Cool. That’s some great info. Not sure what factors are considered to determine what interest rates I can qualify for? As this is my first rodeo, how do I ensure I get the best rate on the market?
- Mon Jul 08, 2019 9:58 pm
- Forum: Home Loan Forum
- Topic: How much is my new borrowing power with the new changes?
- Replies: 5
- Views: 11714
Re: How much is my new borrowing power with the new changes?
That’s good. Now, I’ve checked my credit score online and as far as I can tell, my credit score is good.
Not sure which credit report lenders use when looking at my home loan application?
Not sure which credit report lenders use when looking at my home loan application?
- Mon Jul 08, 2019 7:27 pm
- Forum: Home Loan Forum
- Topic: How much is my new borrowing power with the new changes?
- Replies: 5
- Views: 11714
How much is my new borrowing power with the new changes?
Hi, I read about the upcoming changes to borrowing power and I’m trying to work out my new borrowing power. My gross annual income is $65,000 plus super with no dependents. I have a couple of $2,000 limit credit cards with minimal balance and no dependents. If I’m not mistaken the borrowing power calculator on your site is using the old system, right?