Capital-west Finance Blog RESIDENTIAL FINANCE - Factors that determine Loan Availability

Key elements in determining availability of a loan to purchase or refinance residential property are: Taxable income of borrowers. Generally lenders suggest our gross income is split three ways: (a)Loan repayments. Here all existing credit payments, including personal loan repayments ,credit card limits, other property mortgage repayments + planned new mortgage loan repayments, need considering.... Read more »