Separation and divorce can happen to the best of us and come from the left field.
One of the concerns people have when considering if they should separate is financial. How are they going to afford to make this change? Will they be able to afford to stay in the family home. Is it possible to be separated under one roof during this housing crisis? Some people may plan for the separation years before it actually happens.
Some separations can mean it is a bitter and long drawn out process. For some people, decoupling can assist (Counsellors and other Professionals can assist) and smooth the way – it will come down to the reasons and the people who are involved. Messy separations can be very taxing emotionally and financially while others are more amicable.
Unable to consider the loan in your own name? Speak to us about your situation as we may have a solution for you using our large number of lenders.
Are you considering staying in the family home? Assessing your income to cover the home loan will take into account your current income including the following – Wages, Self Employment, Child Support, Family Tax Benefit, Centrelink Repayments and other regular forms of income can be considered as well. Current debts as well as your current credit score will also affect your loan.
If you have defaults and adverse conduct on your credit file you may still be able to use our Specialist Lenders who will consider these loans. We usually manage the clients loan situation, so when the credit file is back in order we are able to refinance the home loan for better interest rates. So this may mean you are with a Specialist Lender for a short period eg 6 months, 12 months, 2 years – it’s all based on your current situation.
If you would like to know more about your options, please do not hesitate to contact me on 0403 211 361 or email hello@g
