CONFUSED ABOUT HOME LOAN APPROVALS?
/Ready to buy a property? Then you should consider obtaining a pre-approval from a lender. Pre-approval – also known as Conditional Approval or Approval in Principle – is an indication from a lender as to how much you can borrow from them.
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Loanscape has today released its Borrowing Capacity Index for Q4/2024. It confirms the forecast trend that borrowing capacities of Australian individuals and families are recovering from their low levels which coincided with the last of the recent increases to borrowing rates initiated by the Reserve Bank of Australia.