First you’ll need to enter your loan details and personal information. To ensure ROSHI gets you the best available rates, make sure all information entered is correct. You can also to upload your credit report which will help banks and lenders to determine your creditworthiness and if the information entered is incorrect or incomplete, we won’t be able to launch your application.
Once your loan application is live, all of your offers will be displayed on your dashboard and once you like the look of one, you can discuss the details with the respective lender or broker. Your application stays on the platform and you get to watch offers fly in as it happens.
At any time of your live loan application, you can award a winning bank or lender option to get the ball rolling and discuss next steps in more detail. There are no strings attached and no obligations to proceed. It’s free to use and won’t affect your credit score.
Your income indicates your capacity to repay a loan. A steady income is an important factor that banks and lenders consider when offering better rates to help you save money during the life of your loan.
Your credit score lets banks and brokers know how financially fit you are for a loan, determining your creditworthiness and demonstrating how responsible you are with money.
If you’re looking to refinance and have a minimum of 20% equity in your current residential home or a deposit of 25% or greater for a new purchase, banks and lenders could offer you a better rate.