HELOC vs Reverse Mortgage vs Downsizing: Which Is the Smartest Way to Access Your Home Equity?
If you have spent decades paying down your home and watching its value climb, you are sitting on one of the most powerful financial assets in...
We all know that we should be pre-approved before we go looking for property, however most lenders will require a new pre-approval within a certain timeframe and this could have huge implications on your credit file. So if you are not quite ready to start looking for a property then maybe having a personalised borrowing capacity is what you need now.
For more information on pre-approvals and what to do once you find a property then watch the videos below which will help you understand more about your Approval In Principal (AIP).
Firstly, should you actually get a pre-approval? Watch this quick video as it may not be what you should be doing.
So once you have a pre-approval what do you do next? This video explains what you need to consider, and I share some tips and resources on how to find the property to suit your needs.
If you have spent decades paying down your home and watching its value climb, you are sitting on one of the most powerful financial assets in...
For most Australian homeowners, the best way to get cash from home equity is through a line of credit, a top-up (equity release) home loan, or a...