Understanding Borrowing Capacity

May 17, 2019 11:22:30 AM

Before going house hunting, it makes good sense to know how much you can actually borrow from your lender. Your borrowing capacity is the amount that a lender will lend you to buy a property. Sounds simple but it’s not: there are all kinds of factors involved that determine the amount a lender comes up with, and your loan amount can vary from lender to lender. Read on to find out more about borrowing capacity.

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Topics: Lenders, Mortgage Advice, Australia Mortgage Broker, Borrowing Advice, Borrowing Capacity