Ensuring lenders see the whole picture

While some investors are hanging around for policy changes from banks to improve their borrowing capacity, others are taking a more proactive approach.

In this episode of The Smart Property Investment Show, Phil Tarrant talks to Eva Loisance of Finni Mortgages about serviceability constraints, and how investors can make sure that they are giving banks a full accounting of their finances when looking to purchase a property or refinance.

As a seasoned professional in the mortgage industry, Eva underscored that while income is a crucial determinant in borrowing capacity, there are ways to enhance it. She pointed out that many investors are unaware of the basic steps they can take to position themselves favourably when approaching a lender, and provides some tips for preparing a full and clear financial picture before approaching a lender.