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Ways to get mortgage loan approval on a solitary income

Co-author: Michelle Norton

It’s an unfair assumption that you must be looking for one with your hunnybunch/significant other/insert relevant term of endearment, here because you’re looking for a house.

And, although it is pretty commonly acknowledged that housing affordability is tough in brand new Zealand at this time, it’s likely magnified further if you’re counting on one earnings. That being, said, Canstar provides some suggestions about how exactly to have the most useful shot at securing a mortgage in one income.

Getting mortgage loan approval: watch that credit score

Qualifying for the loan is based on amount of facets, as well as your earnings, assets, and credit rating or credit score. Read more »