(Cross-posted)
Hi There!
I have a couple wanting to buy a house from me, but they have no deposit. I am prepared to lend them up to 20% on a 2nd mortgage carry-back (fully disclosed on the contract)
Who is knowledgeable enough to find these people a lender who is happy with that? Property postcode is 4341. House will easily val at sale price, since we dropped it quite a bit and it's the best value in it's area for its type.
If you are a broker who knows his/her stuff, call me on 0418 199 277 asap.
Cheers
Mr Fair Go
Heh Lance hate to say it is not matter of knowing your stuff it is merely a reflection of a change in credit policy amongst lenders.
As both Terry and i replied to you in the good old days this sort of application was accepted by many a lender.
Even the non conforming lenders wont consider it.Richard Taylor | Australia's leading private lender
Oh Well. Time to get more creative.
There is a way to give these people a fair go – I just have to find it!
Mr Fair Go
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