Posts Tagged credit rating

How to Prepare to Speak to a Bank to Get Finance

In your pursuit to obtain a mortgage loan for your property investment, there are several aspects that you have to take into account before approaching a bank or lending institution.
Assess your needs. Determine first your overall financial situation. Ask yourself if you have enough savings to push through with your investment plan, if you have [...]

Know your Credit Rating

One of the things a bank will look at when you approach them for a loan, is your credit rating.  A bank is going to want to know that you are a “good risk” for them if they decide to lend you money, and part of that decision process involves looking at [...]