Search found 45 matches

by albee
Mon Jan 19, 2015 5:02 pm
Forum: Home Loan Forum
Topic: Can I qualify for an investment loan?
Replies: 7
Views: 4897

Re: Can I qualify for an investment loan?

Thank you so much for the information, Otto. I didn’t know depreciation claims could be so important. I might have overlooked it if I hadn’t consulted you. I still need to understand it better. I’ll contact you in the near future to discuss more on depreciation and other claims that I could be entit...
by albee
Sat Jan 17, 2015 8:37 am
Forum: Home Loan Forum
Topic: Can I qualify for an investment loan?
Replies: 7
Views: 4897

Re: Can I qualify for an investment loan?

Hello home loan experts, I recently took out a loan to buy a building. One of my colleague was trying to explain to me about the depreciation on my building. I had never really thought about it. He mentioned that I could claim a percentage of the property price but he mentioned a small percentage, s...
by albee
Mon Oct 20, 2014 1:56 pm
Forum: Home Loan Forum
Topic: Seeking a mortgage while on a business visa
Replies: 7
Views: 4502

Re: Seeking a mortgage while on a business visa

Thank you for taking the time to answer my queries, Otto. I will give you a call in a couple of days for more advice on my loan application.
by albee
Mon Oct 20, 2014 12:23 pm
Forum: Home Loan Forum
Topic: Seeking a mortgage while on a business visa
Replies: 7
Views: 4502

Re: Seeking a mortgage while on a business visa

Thanks for the info, Otto. However, I did not buy the business; it is a branch of an offshore business. Will that have any implication on my home loan application?
by albee
Mon Oct 20, 2014 10:01 am
Forum: Home Loan Forum
Topic: Seeking a mortgage while on a business visa
Replies: 7
Views: 4502

Seeking a mortgage while on a business visa

Hi home loan experts! I own a small business in Sydney and have been in the country for almost two years on a business visa. My ultimate aim is to seek permanent residency and settle here for good. Therefore, I am thinking of buying my own house. However, I do not know if I can get a mortgage in Aus...
by albee
Mon Oct 13, 2014 6:09 pm
Forum: Home Loan Forum
Topic: Examples of some expenses that can be added back
Replies: 7
Views: 5133

Re: Examples of some expenses that can be added back

Some lenders may offer low doc borrowers the same rates that full doc borrowers get? Wow! I’ll give you a call as soon as I can to learn more about this. Looking forward to speaking with you :D
by albee
Sun Oct 12, 2014 12:10 pm
Forum: Home Loan Forum
Topic: Examples of some expenses that can be added back
Replies: 7
Views: 5133

Re: Examples of some expenses that can be added back

Hi,

I’m also self employed although it hasn’t even been a year since I transitioned from PAYG. I want to take out a mortgage to buy a home in Mitchell. I think I’ll be applying for a low doc loan so is there anything that I need to watch out for in such a loan?
by albee
Thu Aug 21, 2014 2:11 pm
Forum: Home Loan Forum
Topic: Can I apply for a home loan if I only work part time?
Replies: 7
Views: 4759

Re: Can I apply for a home loan if I only work part time?

Well, let me check on this and get back to you. Btw, thanks for your help! :)
by albee
Thu Aug 21, 2014 11:13 am
Forum: Home Loan Forum
Topic: Can I apply for a home loan if I only work part time?
Replies: 7
Views: 4759

Re: Can I apply for a home loan if I only work part time?

Hey, I also started out as a part time employee at my current workplace but my employer has offered me a full time job and has even agreed to increase my pay by a large percentage. I am planning to buy a house worth $500,000 and I need to borrow around 85% of the property value. Would the change in ...
by albee
Tue Aug 12, 2014 3:00 pm
Forum: Home Loan Forum
Topic: Will bonus income be accepted by the bank?
Replies: 7
Views: 5027

Re: Will bonus income be accepted by the bank?

Oh sure. I will check through the documents I have and give you a call to see if it possible for me to qualify for a loan with bonus income. Thanks and speak to you soon!
by albee
Tue Aug 12, 2014 11:12 am
Forum: Home Loan Forum
Topic: Will bonus income be accepted by the bank?
Replies: 7
Views: 5027

Re: Will bonus income be accepted by the bank?

What about documents? What do I need to provide to the bank as a proof of bonus income?
by albee
Mon Aug 11, 2014 11:01 am
Forum: Home Loan Forum
Topic: Will bonus income be accepted by the bank?
Replies: 7
Views: 5027

Will bonus income be accepted by the bank?

Hi guys! I am planning on buying a house and I need to borrow money from the bank to complete the purchase. But I am worried that my loan will not be approved easily. Actually most of my income is earned through bonuses and I have heard that banks mostly only consider the base salary instead of the ...
by albee
Mon Jul 21, 2014 12:54 pm
Forum: Home Loan Forum
Topic: How do I qualify for a 95% home loan?
Replies: 8
Views: 5063

Re: How do I qualify for a 95% home loan?

Great news. Thanks :) I will call you up to discuss what my options are.
by albee
Sat Jul 19, 2014 11:21 am
Forum: Home Loan Forum
Topic: How do I qualify for a 95% home loan?
Replies: 8
Views: 5063

Re: How do I qualify for a 95% home loan?

Hi there, I would also like to borrow around 95%. A friend of mine was telling me that he had to pay high LMI fee when he applied for a high percentage if loan. Is there anything I can do at all to reduce my LMI or even possibly have it waived? If this is not possible then at least a discounted rate...
by albee
Mon Jun 16, 2014 2:11 pm
Forum: Home Loan Forum
Topic: How do I qualify for 85% loan?
Replies: 7
Views: 4446

Re: How do I qualify for 85% loan?

Okay, that’s great! I will give you a call to see if I can qualify for waived LMI. Thanks so much for your help Otto. Speak to you soon. Bye!

Go to advanced search