Author: MAXISLoans

  • Tips for Aussie Barbers Saving for a Home

    Saving for a house deposit can feel like a hurdle for many Australians, and barbers are no exception. Between juggling barber school loans, salon expenses, and the everyday costs of living, saving a big chunk of cash for a down payment can seem daunting. But fear not, fellow barbers! Here are some tips to help…

  • Aussie Barbers on the Path to Homeownership

    Owning a home is a dream for many Australians, and barbers are no exception. But for those who wield the shears for a living, the question of job security and consistent income can be a hurdle when navigating the world of home loans. The barbering industry, while in high demand, can be competitive. Barbers might…

  • Self-Employment Tax and Home Loan Eligibility for Barbers

    Owning your own barbershop is a dream for many barbers. But the path to that dream can come with some financial hurdles, especially when it comes to securing a home loan. As a self-employed barber, your income might fluctuate, and you might have a healthy stack of tax deductions. This can be confusing when navigating…

  • Understanding Debt-to-Income Ratio for Barbers Looking for Home Loans

    Owning your own barbershop is a dream for many barbers. It offers the freedom to be your own boss and build a successful business. But the path to barbering ownership can come with some financial hurdles. One of the biggest concerns for aspiring barber-entrepreneurs is qualifying for a home loan, especially when barbering equipment like…

  • Income Verification for Barbers in Australia

    Owning a home is a dream for many Australians, and barbers are no exception. However, the process of securing a home loan can be daunting, especially when it comes to income verification. Barbers often receive their income through a mix of cash and card payments, which can raise concerns about accurately documenting their earnings for…

  • Tax Tips for Architect-Homeowners

    You’re an architect ready to turn your design vision into a reality – your own home. But along with the excitement comes the practicalities, including financing. Understanding the tax implications of homeownership, particularly when you run a business like architecture, can make a big difference. Tax Benefits of a Dedicated Home Office The good news…

  • Construction Loan Options for Architects

    As an architect, you’ve likely spent years designing dream homes for others. Now, it’s your turn to translate your vision into reality. But when it comes to financing a custom build, the world of construction loans can feel labyrinthine. This article aims to shed light on your options and answer key questions you might have:…

  • Understanding DTI for Architects

    As an architect, your passion for design likely extends to your living space too. But before you get swept away in open floor plans and dream kitchens, there’s a crucial financial hurdle to navigate: the Debt-to-Income Ratio (DTI). For architects, student loans, business ventures, and other debts can significantly impact your DTI. This ratio, calculated…

  • Down Payment FAQs for Architects in Australia

    As an architect, you’re used to designing dream spaces. But when it comes to turning your own dream home into reality, navigating the home loan process can feel like uncharted territory. A significant hurdle for many Australians is the down payment – a large sum that can significantly impact the loan amount and your monthly…

  • Income Verification for Architects and Home Loans

    Congratulations! You’ve reached a major milestone – it’s time to buy your dream home. As an architect, your passion for design translates into stunning structures, but navigating the world of home loans can feel like a different blueprint altogether. One particular concern for architect-borrowers is income verification. Unlike traditional salaried positions, architects, especially freelancers and…