Search found 41 matches

by ronaldtrump
Wed Mar 25, 2015 2:22 pm
Forum: Property Investment Forum
Topic: Is Blue wealth a reputable company?
Replies: 7
Views: 78916

Re: Is Blue wealth a reputable company?

Hello dvc, although it took them a while, Blue wealth helped me find a property that I liked. So yeah I did buy with them. I wouldn't mind recommending them but I think you'd have a better idea if you'd spend more time getting to know the guys there. As with all such companies, they've got satisfied as well as unsatisfied clients; I'm lucky to be the former ;)
by ronaldtrump
Thu Feb 05, 2015 12:43 pm
Forum: Home Loan Forum
Topic: How much can I borrow with a low doc loan?
Replies: 7
Views: 11006

Re: How much can I borrow with a low doc loan?

Thank you for the information and tips. I will talk to my accountant about this and get back to you.
by ronaldtrump
Thu Feb 05, 2015 11:10 am
Forum: Home Loan Forum
Topic: How much can I borrow with a low doc loan?
Replies: 7
Views: 11006

Re: How much can I borrow with a low doc loan?

Hello home loan experts,

I am thinking about getting a low doc loan and I will need an accountant’s letter for that. However, I am not sure what needs to be included in the letter. Could someone in this forum please give me some idea about that?
by ronaldtrump
Fri Jan 02, 2015 3:01 pm
Forum: Home Loan Forum
Topic: What are the costs of a home loan?
Replies: 7
Views: 10671

Re: What are the costs of a home loan?

Thank you, Otto. The calculator seems really handy while figuring out my repayments.
by ronaldtrump
Fri Jan 02, 2015 1:12 pm
Forum: Home Loan Forum
Topic: What are the costs of a home loan?
Replies: 7
Views: 10671

Re: What are the costs of a home loan?

Hi there!

I am also planning on buying a house. However, the main concern for me is the periodic repayments. I have an annual income of $60,000 and have $90,000 in savings. I want to buy a house for about $600,000. How can I figure out my repayments?
by ronaldtrump
Wed Dec 10, 2014 2:22 pm
Forum: Home Loan Forum
Topic: What’s a guarantor loan?
Replies: 7
Views: 9918

Re: What’s a guarantor loan?

Thanks a bunch for the information, Otto.

I’m really very grateful for your help! I’ll talk to my parents about this and try to get their approval. I’ll definitely be contacting you personally in the near future for making further enquiries about the loan.

Regards and thanks again for the help, mate!
by ronaldtrump
Wed Dec 10, 2014 1:26 pm
Forum: Home Loan Forum
Topic: What’s a guarantor loan?
Replies: 7
Views: 9918

Re: What’s a guarantor loan?

Hey Otto,

I was looking to get a guarantor loan, however I recently found out that my parents already have a home loan. Will it affect the loan in any way?

Thanks.
by ronaldtrump
Wed Dec 10, 2014 12:23 pm
Forum: Home Loan Forum
Topic: What’s a guarantor loan?
Replies: 7
Views: 9918

What’s a guarantor loan?

Hi everyone,

I live in a rented apartment but now I’m planning to get my own place. I recently got a new job a couple of months back. I tried borrowing 100% of the property price, but the application was rejected. The bank said that I could not meet the minimum savings requirement needed to approve the loan.

What type of loan will let me borrow 100% of the property value even with no savings?

Thank you.
by ronaldtrump
Thu Dec 04, 2014 4:54 pm
Forum: Home Loan Forum
Topic: How to get a 90% home loan?
Replies: 7
Views: 9850

Re: How to get a 90% home loan?

I don’t need to borrow more than $500,000 but thanks for letting me know about other options as well :). Bye.
by ronaldtrump
Thu Dec 04, 2014 3:32 pm
Forum: Home Loan Forum
Topic: How much can I borrow for a home with a family guarantee?
Replies: 7
Views: 10815

Re: How much can I borrow for a home with a family guarantee

It is nice to know that I can remove my guarantee down the line. I actually can afford the repayments on my own at present, but I am thinking of a guarantor loan to borrow more and avoid paying insurance. Thanks!
by ronaldtrump
Thu Dec 04, 2014 1:12 pm
Forum: Home Loan Forum
Topic: How much can I borrow for a home with a family guarantee?
Replies: 7
Views: 10815

Re: How much can I borrow for a home with a family guarantee

Hi there,

I am also thinking of getting a home loan with my parents as the guarantors. I understand that a typical home loan has a term of 30 years, but I don’t want my home loan to be a concern for my parents for so long. Is there any way I can remove them as guarantors before the loan term ends?
by ronaldtrump
Thu Dec 04, 2014 12:12 pm
Forum: Home Loan Forum
Topic: How to get a 90% home loan?
Replies: 7
Views: 9850

Re: How to get a 90% home loan?

Hello guys! I am about to buy a house worth $560,000 and I will be borrowing $500,000. What does “LVR” mean exactly??
by ronaldtrump
Wed Nov 05, 2014 2:21 pm
Forum: Home Loan Forum
Topic: Home loan possible while working in a family business?
Replies: 7
Views: 9617

Re: Home loan possible while working in a family business?

Thanks for sharing this info. I will call you in a week or so to discuss my loan application with you.
by ronaldtrump
Wed Nov 05, 2014 12:00 pm
Forum: Home Loan Forum
Topic: Home loan possible while working in a family business?
Replies: 7
Views: 9617

Re: Home loan possible while working in a family business?

Hi there, I was going through this post thread as I too work for my family. And like appleboy, I too am in need of a home loan. Although most of the questions I had have been answered, I just want to know a bit about genuine savings. You mentioned that lenders look for 5 to 10% of the property value as genuine savings. Well, I want to know what will be considered as genuine savings. Would appreciate your help on this!
by ronaldtrump
Thu Jul 31, 2014 12:54 pm
Forum: Home Loan Forum
Topic: Home loan possible if self-employed for less than one year?
Replies: 7
Views: 9427

Re: Home loan possible if self-employed for less than one ye

I don’t think I will need to go a no doc loan as I can provide the documents you have mentioned. Thanks for your help mate! Bye :)