• +61 (3) 5911 7000

Factors That Impact Your Borrowing Capacity

Better Loan Solutions in Mornington PeninsulaLearning CentreInsights

Factors that impact your borrowing capacity.

Borrowing capacity is the amount of money a lender or mortgage broker is willing to extend to you to purchase a property. It is also a measure of your ability to make ongoing loan repayments. In bank language we're talking 'serviceability.'

To establish how much they’re willing to loan you, a lender first needs to assess the amount you can afford to put down as a deposit as well as the likelihood of your meeting your loan obligations.

Even if you can make a substantial deposit and have plenty of assets to your name, it doesn’t automatically mean you have the cash flow to honour your repayment schedule.


Lenders consider the following critical factors when calculating the loan value for which you qualify.

Did you know?

With our in-house mortgage broking division we bridge the gap between the countless phone calls and emails between lender and accountant making your refinancing and borrowing much less stressful.

. LET'S TALK MORTGAGES LET'S TALK MORTGAGES

Get in touch.

Our in-house mortgage broking service makes your mortgage and lending needs so much easier, minimising the discord between accountant, lender and product advice.

We'd love to help you find the best loan for your needs.

CONTACT US CONTACT US


Should you acquire or lease earthmoving equipment?

Several options when it comes to acquiring earthmoving equipment. One of the most common choices is to own the equipment outright.


Gold Coast office market faces a shortage in 3 years

Despite an increase in the region’s office vacancy rate the Gold Coast office market is facing a shortage of office space within the next three years.


Industrial assets are still an investor favourite

Industrial assets are expected to retain their position as a favoured option among the commercial property market due to their strong relative returns.