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MORTGAGE LOAN FACILITIES and more…
WE START WHERE THE BANKS STOP! The
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country – guaranteed!
Unprecedented flexibility, just tell us what you need Interest only loans for up to 10 years Talk to us even if you do not have income or banking history or if you are a Non-Resident
Two Key Factors in Qualifying for a Home or Commercial Loan When a lender makes a decision about a mortgage application, they consider two basic factors: your ability and willingness to repay the loan. Ability to repay the mortgage is determined by verifying your current employment or business and analysing your total income. Lenders prefer for you to have been employed at the same place for at least two years, or at least be in the same line of work for a few years. Willingness to repay is influenced by how you have paid previous loans and by examining how the property will be used. Willingness can be gauged by your credit report and previous commitment to rent or utility bills. There is also a greater tendency to stick with your payments if you live in a house as opposed to a rental property or vacation home. It is important to remember that there are no set rules and each applicant is handled on a case-by-case basis. Many applicants come up a little short in one area, but make up for it with other strong points. These compensating factors may include a large down payment, solid employment, extensive educational background or overall financial health. |
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Prof. Jimmy Metahysa
Adventurem Financiae Ltd 57/8 Flynn Street, Birkenhead Auckland 1310, New Zealand Tel: +64 9 482 0363 eFax: +1-313-453-6148 Privacy Policy: I respect your privacy. Any information you submit on this website will be kept in the strictest confidence. Your email address or personal details will never be sold, given away, rented or abused in any other way. © Copyright 2002-2004 All Rights Reserved Jimmy Metahysa |