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Three pillars to secure a mortgage
By CJ Esler 05 Dec, 2023
The Three Green Lights needed to Secure a Mortgage delves into the essential components crucial for obtaining a mortgage: Credit History, Deposit, and Serviceability. The article breaks down each part, explaining how a solid credit history, a substantial and well-sourced deposit, and demonstrable financial serviceability are key to securing favorable mortgage terms. It offers insights into how these factors are assessed by lenders and why they're vital in the mortgage application process.
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