How to get approved for a mortgage in this market

It’s no secret that it’s getting harder and harder to get approved as a borrower to purchase property in this market, and there are a number of things driving that.

The housing market is a big factor, The Reserve Bank is tightening up on how much banks can lend out and banks are thinking conservatively when it comes to a borrower's ability to service the repayments. It's not easy but there are things you can do to get yourself in a better position. Here are the key things to consider:


 

Originally Published on Squirrel Mortgages blog


 

 

the next step...

The next step is to get in touch and arrange a free, no pressure meeting with one of our team.
Let’s meet! We can come and see you, or we could meet at our office.

We’d love to hear your ideas!

info@sentinelhomes.co.nz

 

 

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