All Topics / Help Needed! / Has taken 10k from super affected me

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  • zanesmith
    Participant
    @zanesmith
    Join Date: 2020
    Post Count: 0

    HI All

    So yes i took out 10k out of my super in may now b4 i did this i was with host plus i cashed the balenced shares in march waited for the drop then bought a few extra stocks BOOM  a bwtter return then in the former years in just 2 months.

    So i accessed $10k that was still in cash now my brocker is saying it could throw a black flag when attempting finance.

    So what do i do now i have got money down on land and builder deposit.

    Help if you know the right yes guy

     

    Zane Smith

    Wa

    Mandurah

    Profile photo of Richard TaylorRichard Taylor
    Participant
    @qlds007
    Join Date: 2003
    Post Count: 12,024

    Hi Zane

    It will depend whether you need to utilise the 10K from Super to complete your home purchase.

    If you have separate savings to demonstrate that this is not required i believed it can be done.

    Cheers

     

     

    Yours in Finance

    Richard Taylor | Mortgage Broker helping investors build their wealth thru property
    http://www.mortgagecapitalaustralia.com.au
    Email Me

    100% Investment Finance now available on selected properties. Email us for further information.

Viewing 2 posts - 1 through 2 (of 2 total)

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