Problems with interest rates and repayments? Ask for home loan help.
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In the 1970 & 1980’s some lenders had very strict rules with regard to home loan repayments as a percentage of salary.
This criteria has largely dropped away now and for good reasons. Salary structures are much more complex now with employees availing of such things a salary sacrifice and novated leases blurring the calculations. The most important criteria for assessing a loan is can the borrower comfortably and realistically afford the loan repayments now and into the future.
Call Your Local Finance mortgage broker on 1300 787 665 who will help determine your borrowing capacity.
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