Will the mortgage insurer approve your loan?
Did you know it’s harder to qualify for a loan if mortgage insurance approval is required?
Mortgage insurers are very conservative when assessing a 95% home loan or 90% home loan, so it is unlikely that you can get approval for such loans from every lender.
Unlike most mortgage brokers, we work out which lenders may approve your loan before providing you with a quote.
This way, we don’t waste your time by offering you a discounted home loan that won’t be approved!
Mortgage insurers are more likely to decline your mortgage application if:
You don’t meet their genuine savings requirement.
You don’t pass credit scoring criteria.
You want to buy a property type that lenders might not like.
Are you ready to apply for a home loan?
Simply call us on 1300 889 743 or complete our free assessment form and one of our mortgage brokers will let you know which lenders may approve your loan.
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