Your Borrowing Power Is About to INCREASE! You Won't Believe These 6 SECRETS Banks Don't Tell You!

Want to know how to increase your borrowing power in 2022? There are hundreds of different ways that the big Australian banks assess your borrowing capacity nowadays. But can simple things like removing your University (Hecs-Help) debt or getting rid of your Credit Card really make all the difference? The answer is YES - and in some cases, it can make over $70,000 dollars difference!

One of the most important first steps in buying a home is knowing your borrowing capacity. Understanding your borrowing power for your home loan and mortgage can mean you know:

🏘️ What kind of properties you can afford to buy
💲 What budget you can look at for your first home 
'🏦 And how to ultimately hack the banking system to ensure you can borrow as much as possible! 

It's easy for prospective homeowners and investors to waste time looking at properties outside of their budget because they simply don't know how much money they'll be able to borrow for a home loan. Using these simple techniques could mean the difference between you buying that property you dreamed of or missing out on it!

In this video, I share with you our TOP 6 TIPS, secrets, and hacks that can help you buy Australian Real Estate in 2022 quicker and easier than before! In this complete guide, I'll share ways to increase the amount banks will lend you for a home loan, what the banks DON't WANT YOU TO KNOW, and why you need the best broker you can on your side to help you get approved for a larger loan than you ever thought possible.

And here's how:

00:00 How to improve your borrowing power in 2022!
00:28 Tip #1: Improving your debt to income ratio (DTI)
01:13 Getting over the Banks 6x DTI Cap 
01:42 How to use Dual Applicants to your advantage
02:16 Tip #2: Choose your home loan wisely!
03:10 How different banks assess your borrowing power  
04:15 Tip #3: How your Investment property could be costing you!
05:29 Tip #4: Why you NEED to pay off your Hecs-Help Debt. 
06:39 Tip #5: Your Credit Card Debt is costing you!
07:01 Why Credit Cards take $70,000 off your Borrowing Power
07:58 Tip #6: Manage your living expenses. Is private health a bad thing?09:07 Most Importantly! Speak to your Broker! 

Find out more here 👉 https://www.huntergalloway.com.au/ 

If you'd like to read more on the best strategies for increasing your borrowing power, here are a couple of links I'd recommend: 

Maximise your borrowing power 👉 https://www.huntergalloway.com.au/hub...

How To Increase Borrowing Power [11 Simple Strategies] 👉    • How To Increase Borrowing Power [11 S...  

What's Your Borrowing Power? [HOW TO INCREASE IT IN 2021] 👉     • What’s Your Borrowing Power? [HOW TO ...  

Want to know more? Visit us here 👉 https://www.huntergalloway.com.au/

For home loan enquiries https://www.huntergalloway.com.au/con...

Find Jayden here:
👉 https://www.huntergalloway.com.au/fre...
👉   / mortgagebrokerbrisbane  
👉 https://www.huntergalloway.com.au/mor...
👉   / jaydenvecchio  

T: 1300 088 065
E: https://www.huntergalloway.com.au/con...

Mortgage Broker Brisbane - Hunter Galloway
Head Office: 3 Latrobe Tce Paddington QLD 4064
PO Box 841, Paddington QLD 4064
CBD Office: Level 20, 300 Queen Street Brisbane, QLD 4000

Hunter Galloway are an Award Winning Mortgage Broker based in Brisbane. We help clients from our local area, Australia, and all over the world. We believe buying a home should be stress-free and uncomplicated, and we will work for you to make your dreams become reality.

https://www.huntergalloway.com.au/con...

#mortgage #raterise #huntergalloway #property #propertyaustralia #news #advice #housingmarket #australianrealestate #realestate #homeloans #borrowing #borrowingpower #interestrates #realestate #australianrealestate #housingmarket #homeloans #breakingnews #interestrates #borrowingcapacity

DISCLAIMER:
This video offers no Legal, Financial and Taxation advice, and the information contained is general and does not take into account your personal situation. The Listener acknowledges, consents and agrees to the viewing of the content presented on the Channel is subject to the full Disclaimer (below) and agrees to be unconditionally bound by this Disclaimer.

Full Disclaimer here – https://www.huntergalloway.com.au/you...