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Assets

Tue, 2008-04-15 10:35 — Broker

Providing a list of assets and approximate valeus of these assets will help a lender assess a home loan application.

A list of assets could include any of the following with value estimates if applicable.

  • Property
  • Bank account balance
  • Business value
  • Furniture and home contents value
  • Deposit already paid towards purchase
  • Stocks, Shares and other investments
  • Superannuation
  • Motor Vehicles
  • Business plant and equipment
  • Other assets

Next we need to look at all income to calculate if the proposed home loan is affordable.

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