Why is My Property Investment Borrowing Capacity Limited?

With home loan interest rates higher than 6% or even 7%, have you ever looked at your loan application and wondered why you’re not qualifying for as much as you’d like? It can be frustrating, but don’t worry—you’re not alone. The good news is that with the right approach, you can improve your chances of securing a larger loan.

So, what can you do to improve your borrowing capacity? In this blog, we’re sharing five practical tips that’ll help you increase your borrowing power and get you closer to your investing goals. Let’s get started!

Tip 1: Reduce your credit limits

Tip 2: Extend your loan terms

Tip 3: Conduct research on different banks’ policies

Tip 4: Strategically leverage your potential rental income

Tip 5: Increase your income while reducing your expenses