WE CAN HELP YOU INCREASEYOUR CHANCES OF GETTING A HOME LOAN
Here is a useful checklist of things our advisors will recommend you to take care of:
Improve credit rating
Nothing speaks credibility to a lender quite like a clean credit score report. Have a look at your credit score to know what lenders will see. If there is room, make improvements. Looking for ways to do so? Ask us!
Try to lower as many debts and other ﬁancial commitments as possible
Having fewer debts is always a good idea. It will increase your chances of obtaining a loan quicker. Therefore, try to fulﬁll debts as soon as possible.
Have a solid savings history
Again, showing that you are diligent in your savings will only shift the balance in your favor. It will be an indicator of your ability to successfully manage your finances. We all make mistakes so don’t worry. You can get industry tips from us – just give us a message.
Have a safety back up
Having a backup savings will be your safety net if case anything unexpectedly happens.
Apply to only a few select lenders
Each lender you apply with will show up on your credit report. Avoid having too many lenders on your credit history. Instead, only apply after doing thorough research on each lender. In fact, if you work with us you will never have to worry about a negative impact on your credit score.
Do NOT hold back any information you think might be useful. Maintain absolute transparency
Have peace of mind by working with our advisors who keep your information conﬁential.
Have a stable job and avoid any sudden switches
Having a stable job and income is helpful in getting qualiﬁd for a home loan. Avoid any sudden job changes.
Don’t forget to include other possible income sources
If your wife, child, parent, or partner is working consider including them on your loan application to increase your chances for qualiﬁation.
Perks and bonuses
Show us proofs of commission and bonus income to improve your eligibility.