There are many reasons why you would use a mortgage broker rather than going direct to a lender.

Just two reasons are that are very important are:

• Some of the big lenders are now credit scoring applications as basically the only way of looking at any application but there is very little discretion on the part of these lenders. We have seen one client who was a lender of one of the big banks knocked back for an increase to his loan. The particularly frustrating aspect was that he had been with the bank for 23 years yet no one would even tell him why he was declined. He refinanced elsewhere and has now severed all ties with that lender. The good news is that some lenders still look at each application and judge it on its merits and this gives borrowers a greater chance of having a loan application approved. How you do know which ones credit score and which ones don’t?
• Some lenders will take only 75% of rental income into account when assessing a loan application but some will lend based on 100% of the rental income. This makes a huge difference when assessing a loan but how can you know which lender does what?

• New or old investment properties
• Tax considerations
• Maximising Your Property’s Tax Depreciation Potential
• Link to Australian Tax Office Rental Guide
• Another reminder of housing shortage
• New Interest Only Product
• Gold Coast Property Investment Seminar Reminder
• Bookings closing soon for Investment Seminar
• Is a depreciation schedule worth paying for?
• Book In Now for Property Seminar

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