News/Blog - Red Dragon Financial

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The Differences Between Owner-Occupied and Investment Loans

8 March 2022

When you buy a home whether it is classified as owner-occupied or investment depends on your intentions behind buying the property. If you are planning to sell the property for a profit on what you originally bought it for or rent it out, then it would be an investment property.

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Should you take out a mortgage with a non-bank lender or stick with a major lender?

1 March 2022

The time has come to start thinking about purchasing your first property. Most people begin the process by going to their bank and asking their advice; but did you know there are other options out there including non-bank lenders? Finding a home loan can be an overwhelming experience, however, the

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Getting a Home Loan as a Small Business Owner

22 February 2022

Getting a home loan is already difficult enough but getting a home loan as a small business owner is even harder. Lenders like to see regular amounts of money coming in as it makes them feel less at risk. When you run a business for a living, your income can

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Should You Use a Lender That Is Not a Bank

15 February 2022

With banks becoming increasingly more restrictive on home loans every year it’s becoming more important to consider options outside the major lenders including non-bank lenders. Non-bank lenders still have to follow the same regulations as other lenders and the market is so competitive that all lenders offer the same range

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