Lenders assess every home loan carefully, partly because they are required to test each application at the borrower’s actual rate plus 3 percentage points under rules set by the Australian Prudential Regulation Authority (APRA). For accountants, the documentation is often heavier than it is for a salaried buyer, because income frequently sits inside a company, […]
Home Loan Document Checklist for Accountants Read More »
Saving a deposit and protecting borrowing power have rarely been harder, with lenders still required to assess every application at the borrower’s actual rate plus 3 percentage points under rules set by the Australian Prudential Regulation Authority (APRA). Against that backdrop, one question comes up often among accounting professionals: do chartered accountants actually get special
Do Chartered Accountants Get Special Home Loan Benefits? Read More »
Borrowing power in Australia has been reshaped over the past few years, and the rules have not loosened the way many borrowers expected. Even though interest rates have eased from their peak, lenders still have to assess every home loan at the borrower’s actual rate plus an extra 3 percentage points, a requirement set by
Why Accountants Should Use a Specialist Mortgage Broker Read More »
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