FinanceCorp

mortgage contract agreement

Why Should I Apply for Pre-Qualification for a Home Loan

July 29, 2020

Buying a new home is simultaneously an exciting and terrifying experience. You have so many things to consider—most changes of address come with a change in lifestyle, routine, and even outlook. On top of that, you have to consider your financial stability, and whether you can jump through the various hoops that you need to…

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money home loan

Why It Pays to Refinance Your Home Loan? – What to Know

July 22, 2020

Many mortgage borrowers see home refinancing as an excellent option to take. For the uninitiated, it entails a change in the loan term agreement from an existing debt to a new one under the same or a different lender. For the most part, these changes include the interest rate, payment schedule, and other terms in…

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apartment building

Positive Cashflow Versus Negatively Geared Investment Properties – What to Know

July 15, 2020

There is no doubt that real estate can be a very lucrative investment. Owning property can be a way for your family to expand your wealth passively or to add to your portfolio to support your retirement. Real estate is a stable option to park and grow your money versus other choices like stocks, bonds,…

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new house sold

Borrowing Capacity for Experienced Investors and First-Time Buyers

July 9, 2020

The foundation of home-buying lies in your borrowing capacity and whether you’re a newbie or veteran, it’s important to understand how this is assessed. In a nutshell, your ability to take out a home loan will depend on the specific lender you’re working with. They may consider your overall income as well as your financial…

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man applying for a mortgage

3 Mistakes You Should Avoid during a Mortgage Application

July 2, 2020

With more and more mishaps happening when it comes to mortgages, financial rules have become much stricter over the years. As a result, it has become harder for people to get the mortgage they need. For this reason, the last thing you want to happen when presenting your case is to make a mistake that…

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machinery

3 Guidelines for Machinery Loans & Equipment Financing

June 25, 2020

Heavy machinery is what can take a business to the next level. Whatever industry you belong to—farming, freighting, couriering, and so on—investing in better equipment is a must for business growth. If you want to be more competitive in your industry, upsizing your operations is something you definitely need to consider. The problem is that…

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Finances and budgeting, businessman stacking coins

Understanding Your Borrowing Capacity – What to Know

June 12, 2020

If you’re looking to buy a house, start a new business, or invest in a remodel, you might be in need of a loan. How much money will be loaned to you by a lender is called your borrowing capacity. What is borrowing capacity? Borrowing capacity is the amount of money a bank or financial…

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signing business loan papers

What to Know About Business Loans & How it Can Fund Entrepreneurs

May 28, 2020

Starting a business is both an exciting and daunting venture, but it’s a rewarding process nonetheless. A solid plan and zealous dedication can get you far in your journey, but you need financing options to jumpstart your entrepreneurial career before anything else. Loans are typically the go-to choice for budding entrepreneurs looking for the right…

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person checking income

4 Factors That Affect Your Borrowing Power – What to Know

May 21, 2020

At one point or another in their life, the average Australian has most likely encountered a tight financial situation. Regardless of whether it’s over a medical bill, personal debt, or following one’s own dream, being in debt or having an emergency related to money matters can be nothing short of stressful. As a result of…

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construction loan money

Construction Loan FAQ: Basics You Should Know

May 13, 2020

While some may be content living in a premade home, others are looking for something a little more luxurious. Even those who simply have a very clear idea of what they want in a home will prefer something custom-built. If you’re a soon-to-be homeowner contemplating a custom-built home, you will need one valuable resource to…

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