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  • Profile photo of Kiwi-FullaKiwi-Fulla
    Member
    @kiwi-fulla
    Join Date: 2002
    Post Count: 371
    November 18, 2005 - 4:48 am

    Hey all:

    Looking for suggestions/solutions for the following.
    If you have a company as trustee for a unit trust and are self employed (3 years)

    Wish to purchase from NZ as IP’s
    Have enough deposits for 20% of ist property.
    Need:
    – Low Doc with Lender that will lend 80% LVR
    – Security against NZ property
    – No need for supporting income.
    – No Need for proof of deposit
    Cheers.

    Profile photo of Richard TaylorRichard Taylor
    Participant
    @qlds007
    Join Date: 2003
    Post Count: 12,024
    November 18, 2005 - 7:13 am

    Might like to try someone like Wizard or Resi both operate a lodoc 80 scheme

    Cheers Richard
    Ph: 07 3720 1888
    [email protected]
    http://www.yourstatefinance.com

    Specialising in US & IP finance.

    Richard Taylor | Australia's leading private lender

    Profile photo of Mobile MortgageMobile Mortgage
    Member
    @mobile-mortgage
    Join Date: 2003
    Post Count: 913
    November 19, 2005 - 9:05 am

    80% Low Doc in a trust should be ok, subject to security/location,
    Try Pioneer, GL, or source funds via a mortgage broker in Australia or NZ, Cheers.

    Regards
    Steven
    Mortgage Broker

    Mobile Mortgage Market
    Ph: 0402 483 216
    [email protected]
    http://www.mobilemortgagemarket.com.au

    PLEASE note comments made should not be taken as specific taxation, financial, legal or investment advice.

Viewing 3 posts - 1 through 3 (of 3 total)

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