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by JaySon
Tue Mar 30, 2010 10:30 pm
Forum: Home Loan Forum
Topic: What are my options?
Replies: 1
Views: 6838

What are my options?

Hi Otto

Here are my details. Please advise of my loan options.

Currently university student. Employed casually as a labourer.

Income - $300 / week from work, $340 / fortnight from Austudy, $1100 / month from rental income.

Assets - House $350K

Debts - None

Purpose - Personal use

I am able to provide Austudy and rental income evidence. I can't provide evidence for my work income because I receive my wages cash in hand.

1. Do I qualify for a home loan?

2. What's the minimum and maximum I can borrow?

3. What type of loan will I be applying for?

4. What would the interest rate be?