https://www.propertyinvesting.com/members/sald/activity/ Activity feed for sald. Fri, 17 Apr 2026 11:27:42 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 ae4c2d7ae7d3444b20b5d329b9ea1801 https://www.propertyinvesting.com/topic/4994092-bank-refused-my-loan-application/#post-4994124 Thu, 28 Aug 2014 00:10:49 +0000 Hi Jamie,
I am unsure as to what you mean. Not sure what the deal is not serviced means. I am putting in more than the minimal monthly payment. I did tell them that the loan was for investing, business etc. however, I gather from this site…telling them an honest reason gets them nervous. I haven’t even started on my investing journey yet, so I…[Read more]

]]> 47e2e6be2a884157e3a57ee37acb0d81 https://www.propertyinvesting.com/topic/4994092-bank-refused-my-loan-application/#post-4994123 Thu, 28 Aug 2014 00:04:25 +0000 Thanks for the feedback everyone..I am in contact with brokers at the moment to see what options are out there.

]]> 3d0501ce35867d519854aaf76d1f087b https://www.propertyinvesting.com/topic/4994092-bank-refused-my-loan-application/#post-4994109 Wed, 27 Aug 2014 08:53:36 +0000 Thanks for reply Chris, so basically they’re nervous about giving me a ‘personal’ loan even though it stays in my LOC until needed? They’re eager though to lend if there’s more security and I actually have a property in mind. Thanks for the explanation. Looks like we have a looooong way to go in our investment journey.
sald

]]> 3a83c0d61acf9b2cdef10dbc724baeb6 https://www.propertyinvesting.com/topic/4994092-bank-refused-my-loan-application/#post-4994108 Wed, 27 Aug 2014 08:47:51 +0000 Hi, thanks for feedback and help. The bank is ANZ and I haven’t yet bought an investment property yet. The loan I was asking was for $50,000 and it would remain in my LOC until needed. The approximate value of property is $400,000 and we have equity of about $110,000. We are shopping around for a better rate!
Sald

]]> 446a6c7bfe5340368ca9eab2587cd7a1 https://www.propertyinvesting.com/topic/4994092-bank-refused-my-loan-application/ Wed, 27 Aug 2014 04:31:32 +0000 Hi all, I’ve lurked around these columns for a long time but this is my first time posting.
I wonder if anyone has an insight into how I can get around this current problem of mine. I am in awe of the amount of knowledge and expertise on this site!
I am from a single income family and earn $95,000 part time. The mortgage is currently $295,00 and…[Read more]

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