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Non-conforming Construction loan full doc

Submitted by Joseph12 on April 24, 2008 - 3:39pm.

Joined: 09/03/2008

Anyone knows which finance providers offer these loans.

Thanks.



Qlds007's picture

April 25, 2008 - 7:27pm

Joined: 23/08/2003

Yes how non conforming does the loan need to be ?

Cheers

Yours in Finance
Richard Taylor
Residential & Commercial Finance Broker.
Licensed Financial Planner. Ph: 07 3720 1888
www.tayloredfinancialsolutions.com.au
richard@tayloredfinancialsolutions.com.au.
Lodoc loans from 8.63%


April 25, 2008 - 7:31pm

Joined: 09/03/2008

5 paid defaults with a total of around $20K listed and paid around 05/06.


Qlds007's picture

April 25, 2008 - 10:17pm

Joined: 23/08/2003

Joseph

There are a couple but depending on where the security is located, zoning, loan amount, lvr and whether it is full status or lodoc will determine whether it can be done and at what rate.

Cheers

Yours in Finance
Richard Taylor
Residential & Commercial Finance Broker.
Licensed Financial Planner. Ph: 07 3720 1888
www.tayloredfinancialsolutions.com.au
richard@tayloredfinancialsolutions.com.au.
Lodoc loans from 8.63%


April 28, 2008 - 9:53am

Joined: 09/03/2008

Vacant land in Central Coast. LVR at 80%. Lodoc. Loan amount $750K.


Qlds007's picture

April 28, 2008 - 10:43am

Joined: 23/08/2003

Assuming residential zoning standard block size and normal lodoc requirments are met then yes with a rate from around 10.75% upwards.

Cheers

Yours in Finance
Richard Taylor
Residential & Commercial Finance Broker.
Licensed Financial Planner. Ph: 07 3720 1888
www.tayloredfinancialsolutions.com.au
richard@tayloredfinancialsolutions.com.au.
Lodoc loans from 8.63%


April 28, 2008 - 2:41pm

Joined: 09/03/2008

Which lender ? La trobe ?


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