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Why Your Savings Don’t Always Impact Your Borrowing Power (And What Lenders Actually Look At!)
A common question that always gets asked is "I have $X amount of deposit saved, how much can I borrow?"
In this episode, your host Jaimi sits down with Perth Mortgage Broker Tania Mondon to discuss why your deposit/savings doesn't impact what your borrowing capacity.
Learn how your borrowing capacity is calculated from your income, employment term, debt, and living expenses.
Tania Mondon is an authorised representative of Oui Finance Pty Ltd ABN: 48 655 648 098. Corporate Credit Representative Number 529363 is authorised under Australian Credit Licence Number 389328. Tania Mondon is also an MFAA member.
____________________________________________________
➡️ BOOK A FREE BUILDING GAMEPLAN CALL
➡️ CONNECT ON INSTA
➡️ ASK JAIMI CHAT
➡️ BUILDING UNFILTERED NEWSLETTER
➡️ WEBSITE
➡️ TIK TOK
➡️ LINKED IN
📍This podcast is for buyers building a new home in Perth Western Australia.
The information shared on HOME BUILDING LIKE A BOSS is general in nature and does not take into consideration your individual circumstances, it is not intended to be specific advice. This podcast exists purely for education purposes and should not be relied upon to make financial or building decisions.
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By Jaimi - Boss Building BrokersA common question that always gets asked is "I have $X amount of deposit saved, how much can I borrow?"
In this episode, your host Jaimi sits down with Perth Mortgage Broker Tania Mondon to discuss why your deposit/savings doesn't impact what your borrowing capacity.
Learn how your borrowing capacity is calculated from your income, employment term, debt, and living expenses.
Tania Mondon is an authorised representative of Oui Finance Pty Ltd ABN: 48 655 648 098. Corporate Credit Representative Number 529363 is authorised under Australian Credit Licence Number 389328. Tania Mondon is also an MFAA member.
____________________________________________________
➡️ BOOK A FREE BUILDING GAMEPLAN CALL
➡️ CONNECT ON INSTA
➡️ ASK JAIMI CHAT
➡️ BUILDING UNFILTERED NEWSLETTER
➡️ WEBSITE
➡️ TIK TOK
➡️ LINKED IN
📍This podcast is for buyers building a new home in Perth Western Australia.
The information shared on HOME BUILDING LIKE A BOSS is general in nature and does not take into consideration your individual circumstances, it is not intended to be specific advice. This podcast exists purely for education purposes and should not be relied upon to make financial or building decisions.
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