Just a question for any mortgage brokers out there. I would like to refinance one of my properties to 90%.
Are there any banks out there that aren’t asking for atos? I can provide payslips and a letter from an employer, but haven’t done my taxes in the last 2-3 years.Thanks
As long as the figures are all OK and you don't have any defaults etc then it should not be a problem.
Hi Watson
Firstly welcome to the forum and I hope you enjoy your time with us.
Yes as long as you have payslips and evidence of a good repayment history then you should be ok.
Remember at a 90% lend the loan will normally require mortgage insurance so lenders may ask what the funds are to be used for. The old days of having a line of credit without any form of verification have almost been and gone.
Your mortgage broker should be able to assist in this respect.
Richard Taylor | Australia's leading private lender
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