Mat

Income protection can only be sold by a licensed financial planner who will need to undertake a Needs Analysis and provide you with a Statement of Advice.
I would strongly suggest that you sit down with a good independant planner and get him to provide you with a range of options available.

Richard Taylor
Residential & Commercial Finance…[Read more]

Where are you referring to here in Oz or in the USA?

I have been involved in both and some lenders are cool with it others have a problem it all depends on many things.

Richard Taylor
Residential & Commercial Finance Broker
**NODOC loans from 7.14%**
Licensed Financial Planner
http://www.yourstatefinance.com
richard@yourstatefinance.com
Ph: 07-3720 1888

RP Data dependant on the area you are referring to.

I use it all the time.

Richard Taylor
Residential & Commercial Finance Broker
**NODOC loans from 7.14%**
Licensed Financial Planner
http://www.yourstatefinance.com
richard@yourstatefinance.com
Ph: 07-3720 1888

ogilvy

Interest only loans have a couple of obvious benefits:

1) For serviceability reasons the monthly repayment is lower than it would be on a P & I basis and therefore you will find that you will be able to borrow more.
2) With an interest only loan the debt remains constant and therefore the amount you can negatively gear will also remain…[Read more]

Under my Company First Home Owners Group Pty Ltd we have helped over 200 clients in your position over the last 10 years and still have over 150 clients on our books.

Feel free to email me any questions you may have especially as it appears you are referring to Qld where the installment legislation is different to many other States.

Richard…[Read more]

My sentiments exactly Stuart.

Richard Taylor
Residential & Commercial Finance Broker
**NODOC loans from 7.14%**
Licensed Financial Planner
http://www.yourstatefinance.com
richard@yourstatefinance.com
Ph: 07-3720 1888

One problem you will have is that it is bit like the chicken and the egg. There is no point in finding a Property Valuer that gives you the valuation you want only to find that the lender you decide to go through does not accept that valuer on his panel.

You would better to find a lender that gives you the product and package you are after and…[Read more]

It will depend on the terms of the permit or the development approval.

They will more than likely require contributions to be paid to the Council such as Parks and Recreation etc and will probably require lodge of a proper survey plan undertaken by a surveyor.

There may also be provision to provide drainage and sewerage connection prior to the…[Read more]

In the age of modern technology I must confess very few of my clients are Brisbane based.

If you want to expand on what you are looking for I am sure between all of the brokers here we can assist you.

Richard Taylor
Residential & Commercial Finance Broker
**NODOC loans from 7.14%**
Licensed Financial…[Read more]

Hi Glauco

Never say never in lending and there is always hope.

Would need to know some figures before making a recommendation though.

Richard Taylor
Residential & Commercial Finance Broker
**NODOC loans from 7.14%**
Licensed Financial Planner
http://www.yourstatefinance.com
richard@yourstatefinance.com
Ph: 07-3720 1888

Yes Steve Crane – Mobile Manager is a Melbourne boy and is a good lad to boot.

Richard Taylor
Residential & Commercial Finance Broker
**NODOC loans from 7.14%**
Licensed Financial Planner
http://www.yourstatefinance.com
richard@yourstatefinance.com
Ph: 07-3720 1888

Rates are all relative but the A & L certainly wouldnt be the cheapest going around.

There were over 90 Building Societies in the UK as at 2000 and over 40 different Banking organisations bith home and abroad let alone the mortgage manager etc.

The range of product and choice of lenders is vast.

Try someone line John Charcoal Mortgage Brokers…[Read more]

Wow glad i don’t live in NSW, Qld is a lot cheaper.

Tell us which State you are referring to and we can advise you accordingly.

Richard Taylor
Residential & Commercial Finance Broker
**NODOC loans from 7.14%**
Licensed Financial Planner
http://www.yourstatefinance.com
richard@yourstatefinance.com
Ph: 07-3720 1888

Stephen

As Simon has stated why not get the best of both worlds.

I don’t have a client that is paying the standard variable rate because I always try and negotiate a better rate for all of my clients even if it is a 0.25 – 0.5% every little helps.

Anything over $150K and you should start to make some savings and your offset account would save…[Read more]

Argie

Loans vary from lender to lender and so does the costs of mortgage insurance.

Each lender has a different scale and you will suprised as to the savings with certain lenders.

I guess mortgage insurance is the economic cost of doing business. You can borrow >80% now and cop the premium and get out of the rent race or save and save until you…[Read more]

No high pressure Salesman at all as most of the members have no in depth knowledge of property investing..

But $5000 from each commission goes to help pay for Kevin Sampe retirement fund.

Richard Taylor
Residential & Commercial Finance Broker
**NODOC loans from 7.14%**
Licensed Financial…[Read more]

Terry is right although the lending discretions for most Front End managers is very low and you wouldn’t get far with they can approve.

Most of the bigger loans go up the line for assessment either manually or through online credit scoring.

Richard Taylor
Residential & Commercial Finance Broker
**NODOC loans from 7.14%**
Licensed Financial…[Read more]

Would now a lot more details before making a recommentation.

Sometimes not easy to refi half way through a development as the lender looks as though you have miscacluated the figures and blown out on costs.

Richard Taylor
Residential & Commercial Finance Broker
**NODOC loans from 7.14%**
Licensed Financial…[Read more]

Sounds to me like the unit might be small in size or unusual in nature because i have never come across any lender that will only go to 70% LVR against the security of a standard size unit.

Richard Taylor
Residential & Commercial Finance Broker
**NODOC loans from 7.14%**
Licensed Financial…[Read more]

Think you are talking to the wrong Bank.

Richard Taylor
Residential & Commercial Finance Broker
**NODOC loans from 7.14%**
Licensed Financial Planner
http://www.yourstatefinance.com
richard@yourstatefinance.com
Ph: 07-3720 1888