Thanks Kinnon. What is out of the ordinary is that most lenders wont re-finance the capitalized loan. Credit reference is good but no history of repayments. Bluestone was happy with rent payments as proof of ability to make regular payments.
Yes Terry, I`m thinking La Trobe as well. I have been doing some internet research on La Trobe and they…[Read more]

Thanks Kinnon. What is out of the ordinary is that most lenders wont re-finance the capitalized loan. Credit reference is good but no history of repayments. bluestone was happy with rent payments as proof of ability to make regular payments.
Yes Terry, I`m thinking La Trobe as well. I have been doing some internet research on La Trobe and they…[Read more]

Thanks Terry and Jamie for your replies. Daughter got onto anther broker who advised her to pay for a valuation up front and he would see what he can do. He has come up with Latrobe Financial Services. Better interest rate and no spotters fee but they want $3500 establishment fee up front. I suppose thats to stop any further shopping around.…[Read more]