Hi Otto
Can you please advise if there are any low doc loans or lenders that suit our situation
Applicant 1 Self employed with ABN for 2 year 3 months GST registered for 1 week (just done that business has been really busy)
approx income $85,000 for this year and growing (first few years were low due to set up costs)
applicant 2 wages $20,000 pa
3 dependents
assets of approx $190,000
car loan payments $655 month
currently renting at cost of $1650 month
credit cards $17,000 total cards limit (working hard to get rid of these)
parents are prepared to give us a gift of $115,000 to help fund purchase
looking at purchasing a house includinig stamp duty fees etc for $420,000
Is there any hope we can get a loan?
thank you
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- Wed Mar 31, 2010 3:57 pm
- Forum: Home Loan Forum
- Topic: Self Employed Help
- Replies: 1
- Views: 6289