How much can I borrow

Your Mortgage Avenue consultant will be able to give you an accurate figure on your borrowing capacity. Things that affect your capacity are your marital status, number of dependants, income and level of liabilities.

Your borrowing capacity also varies from lender to lender. While one lender may only be prepared to lend you $150,000 - another might be prepared to lend you $250,000. Your Mortgage Avenue consultant has state of the art software, which will be able to calculate your borrowing capacity with individual lenders.

It is also possible to get a loan if you are self employed and cannot produce financials, or if you are an employee with no proof of income. With some lenders, as long as you have equity or deposit of around 20% it doesn't cost any more than a standard home loan. Please refer to the "Loan Types" section for further information.

Borrowing Power