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Recent policy reforms could significantly boost borrowing capacity for many Australians, particularly first home buyers…
Under the changes, certain lenders may now exclude student debt/ HECS commitments from serviceability calculations, effectively increasing how much borrowers can qualify for.
This shift could open the door for more aspiring homeowners to enter the market sooner, easing one of the key financial hurdles in securing a home loan.
Here’s what you need to know…
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The Long Property Show provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. Nothing in the Long Property Show constitutes legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances.
