All Topics / Help Needed! / Multiple Property Mortgage Template
Hi All,
Hopefully the mortgage brokers might know. I am looking for a template/spreadsheet/attachment suitable for investors who have multiple properties. The standard applicatiom forms have limited space. What is the generally accepted format?
Cheers.
Don Nicolussi | Mortgage Broker - Home Loan Warehouse
http://homeloanwarehouse.com.au
Email Me | Phone Me"I think of finance as a technology, a way of getting things done." Robert Shiller
It is simply an attached sheet listing the following…
Property Location, Property Value, Amount Owing, Interest Rate, Monthly Payment.
If you are using them as security, write the address in the location instead of just the suburb & State and don’t include the amount owing, interest rate and monthly payment as this will be accounted for in the new loans being applied for.
Has your broker not done this for you???
The Mortgage Adviser
http://www.themortgageadviser.com.au
[email protected]
Essential LinksHi,
I was hoping there was some template in the industry that deals with larger portfolios.
Cheers
Don Nicolussi | Mortgage Broker - Home Loan Warehouse
http://homeloanwarehouse.com.au
Email Me | Phone Me"I think of finance as a technology, a way of getting things done." Robert Shiller
A template is not needed. Not many people have enough properties to require it. There is usually space for three or four properties on any application and most people don’t usually refinance more than this in one hit.
The Mortgage Adviser
http://www.themortgageadviser.com.au
[email protected]
Essential Links
You must be logged in to reply to this topic. If you don't have an account, you can register here.