Usable equity differs from total equity
Accessible equity depends on valuation, LVR, serviceability and proposed purpose.
ClearWay Finance Guide
Property Investor Guide
A practical introduction to common lending considerations.
Rental income is shaded
Lenders generally use only a portion of rental income and apply their own assessment approach.
Loan purpose matters
Clear loan splits and accurate use of funds can help maintain cleaner records.
Maintain buffers
Allow for vacancies, maintenance, insurance and changes in interest rates.