Discover other factors that define your borrowing capacity. It is essential to understand that every case is unique.
That is why at One Central Property, we offer tailored services for our clients.
You could get a one on one session with your dedicated broker to compare with over 40 lenders to provide you with the best rates in the market.
Remember, you can always re-negotiate your loan; banks are always on the look out for new borrowers
Lenders want to know how you have paid your debts over the period of your credit.
Having no late payments in your credit report helps to achieve better interest rates.
Having a large sum of debt is not always a bad indicator.
Lenders are more willing to lend money to those who have debt on positive assets despite their debt quantity.
Having a credit record of many years provides lenders with a better idea if you will ne a good payer or not.
Potential clients with short credit record could face slightly higher rates