Ok shoot us an email and i will have a look for you.CheersYours in Finance

MatWhat are you looking for ?What you mentioned in the post on the other forum ?CheersYours in Finance

Hi MatNot sure what you mean about a "Book Broker" i am hoping you mean a Good Broker.Will depend on the rest of the deal and your own circumstances but if you want shoot me an email be happy to run with if for you.CheersYours in Finance

Personally love the area mainly because the Golf Course is excellent and Caloundra itself is relatively unspoilt.If you have an existing property in mind and want a Residex report done on it shoot me an email with the property address and i will download one for you.CheersYours in Finance

Hi TiffanyThere are no Tax benefits in buying below $500,000 however what i think you are referring to is the Qld Stamp Duty exemption for First Home Buyers. Course this would not apply if you purchase the property as an investment property.Should the property be used for investment then you can claim both the Depreciation on the internal fi…[Read more]

I am sorry did i read those figures correctlyPurchase price – $41,000 and you are looking for $11,000.Hate to say you wont find any lodoc lender offer such an amount but you might be able to get your local bank branch take the security and offer a secured personal loan or similar.Sorry that you find yourself in such a predicament.CheersYours in Finance

Nope this was purely an lack of provable income.He was told they were doing a complete review of all of their former lodoc developer clients and he was out on the street.CheersYours in Finance

Lincoln i agree that pure Asset lending is still available but dont think you would find ANY Broker want to take such a deal on without satisfying themselves on serviceability as simply could not sign off on the loan Not being Unsuitable if there was no further checks or balance.I had a client ring me yesterday from the forum who had been with CBA…[Read more]

Thanks for the clarification Mat Lenders will still normally factor in some board etc even though you are living at home.With the right product you wouldnt pay any if much LMI so that is probably the route i would go.90% and No LMI.Course assumes good credit and stable employment.CheersYours in Finance

Ok sorry my apologies also i didnt realise that either.Choice package isnt an option.Still a lot of lenders that dont charge ongoing fees.CheersYours in Finance

Hate to say the day of the Nodoc loan has been and gone.With the advent of the new Credit Laws July 1 serviceability is the key and the ability to show that you can repay the loan is parramount. Evidence however can be varied between lenders. Some want payslips or Tax Returns. Some will accept BAS, Trading Statements etc or even a Stated…[Read more]

Yes your local Mortgage Broker should be able to tell you who is on the NAB panel if the Banker cant do so.Cheers''Yours in Finance

Residex is a computerised modelling report which provides comparative analysis of similar properties and can be useful to compare other recent sales.Shoot me an email if you want a Residex report done on any property as i have subscribed to the whole of Australia and I would be happy to run one off for you. It helps me with my due diligence on…[Read more]

Where is the block located ?CheersYours In Finance

Sweethome why dont you suggest get your mortgage broker to order a new valuation for you.NAB Broker use internal valuers unless they have a valuation done by a panel valuer which normally comes at a cost to you.Your Broker should be able to order one for nothing for you through his lending contacts.CheersYours in Finance

Hi Investment PupilI think you have misunderstood the concept of an equity loan in regards to your following comments:with IO equity loan, that will mean i'll be applying for a fixed amount lump sum loan? If so, i'd rather get LOC as you can do IO repayments as well plus its more flexible as you can extend it as equity grows with having to take…[Read more]

Also just to add fuel to fire the NAB Loc isnt normally discounted the 0.7% even over 250K under a choice package.CheersYours in Finance

StevePlease post some useful information on the forum which might help others rather than merely come on here to sell your services.15 posts and 15 self promotions is not what the forum is for.Get some runs on the board first by helping others and contributing to the topic.CheersYours in Finance

Hi Adriani appreciate this is your maiden post so i will be gentle with you.You might like to read the Terms of the Forum in respect of advertising your ser vices as it is not allowed and clearly a breach of membership.The forum is a place to exchange ideas and views and to contribute and share knowledge.Certainly you can have your contact details…[Read more]

Hi MattSorry dont want to disagree with Jamie but there are some points that need clarifying first.Is the house and land property and owner occupied property?If so i would look to put in as much as you possibly can (Dont forget some lenders will cover the LMI cost or charge an alternative depending on the strength of deal itself) and then take an…[Read more]