As we enter a new year, leading non-bank lender Liberty is gearing up to help more borrowers buy homes.
Melbourne, Australia, January 28, 2022 /PRNewswire/ — Encouraging hopeful buyers to make the most of January’s lull to reflect, reassess and prepare for their home buying journey, Liberty has more ways to help further home loan borrowers than ever.
Consumer communications manager Heidi Armstrong says January provides a great opportunity for potential buyers to gauge their level of readiness and plan to fill the gaps.
“To give your home loan application the best chance of approval, you need to do some preparatory work. And, with a record number of properties being sold in Australia in 2021 – and in record time – a little preparation could go a long way this year.”
Checking borrowing capacity and reviewing credit scores is a good first step, as it will give you an indication of what options might be available.
For those who may have lower credit scores or are self-employed, a free-spirited non-bank like Liberty can offer a range of home loan solutions tailored to each customer’s unique situation.
By consolidating your debts into one easy-to-manage repayment, some lenders may consider your request more favorably. If you are unsure if a debt consolidation home loan is right for you, contact a broker.
With in-depth knowledge of a range of lenders and products, a mortgage broker, such as a Liberty advisor, can help borrowers navigate the application process.
A Liberty advisor will also be aware of any home loan subsidies you may be eligible for.
“Remember that a rejected application will show up on your credit report and it can be a red flag on future applications,” Ms Armstrong said. “So you want to get it right the first time.”
Approved candidates only. Lending criteria apply. Taxes and fees are payable. Liberty Financial Pty Ltd ACN 077 248 983 and Secure Funding Pty Ltd ABN 25 081 982 872 Australian Credit License 388133, trading together as Liberty Financial. Liberty Advisers represents Liberty Network Services Pty Ltd ABN 65 151 158 628 Australian Credit License 408042, part of the Liberty Group.
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SOURCE Financial Freedom