Search found 50 matches

by dickensfan
Fri Feb 06, 2015 12:06 pm
Forum: Home Loan Forum
Topic: How much can I borrow for a house if I live in Australia?
Replies: 7
Views: 11415

Re: How much can I borrow for a house if I live in Australia

Thank you for the information. I am not married to an Australian, therefore I will need to talk to you about the other options.
by dickensfan
Fri Feb 06, 2015 11:10 am
Forum: Home Loan Forum
Topic: How much can I borrow for a house if I live in Australia?
Replies: 7
Views: 11415

Re: How much can I borrow for a house if I live in Australia

Hi there,

I am on a 457 visa and I want to take out a home loan too. I want to borrow as much as I can for the purchase. Could anyone tell me the ways through which I can borrow more than 80% of the property value?
by dickensfan
Fri Jan 09, 2015 3:34 pm
Forum: Home Loan Forum
Topic: What is positive credit reporting?
Replies: 7
Views: 10065

Re: What is positive credit reporting?

Thank you for the tips, Otto. I will definitely try to follow your advice.
by dickensfan
Fri Jan 09, 2015 11:01 am
Forum: Home Loan Forum
Topic: What is positive credit reporting?
Replies: 7
Views: 10065

Re: What is positive credit reporting?

Hi everyone,

I have heard that the amount that I can actually borrow depends largely on my credit score. Why is it so? Are there any ways to improve my credit score?
by dickensfan
Wed Dec 24, 2014 12:15 pm
Forum: Home Loan Forum
Topic: Will banks consider my bonus income?
Replies: 7
Views: 11324

Re: Will banks consider my bonus income?

Thank you so much for such an informative reply. I will need more help with the loan application process and I will give you a call within a day or two.
by dickensfan
Wed Dec 24, 2014 11:13 am
Forum: Home Loan Forum
Topic: Will banks consider my bonus income?
Replies: 7
Views: 11324

Re: Will banks consider my bonus income?

I think that the lenders require me to submit some documents as evidence of my income. Could you tell me what kind of documents will I require?
by dickensfan
Wed Dec 24, 2014 10:09 am
Forum: Home Loan Forum
Topic: Will banks consider my bonus income?
Replies: 7
Views: 11324

Will banks consider my bonus income?

Hi there,

I am from Sydney and I want to apply for a home loan. I know that lenders ask for income records to evaluate my loan application. But I have no idea whether the banks will consider my bonus income as a part of their assessment. Could anyone here please shed some light in this matter?
by dickensfan
Mon Dec 22, 2014 6:13 pm
Forum: Commercial Loan Forum
Topic: How much can I borrow for a commercial property?
Replies: 7
Views: 17888

Re: How much can I borrow for a commercial property?

That seems logical. Thanks, Otto. I took a look at your website and found out a lot. I’ll call you by the end of this month to discuss my situation and loan needs. Talk to you soon.
by dickensfan
Sun Dec 21, 2014 7:55 pm
Forum: Commercial Loan Forum
Topic: How much can I borrow for a commercial property?
Replies: 7
Views: 17888

Re: How much can I borrow for a commercial property?

Hello. I can’t provide my tax returns so I’m thinking of getting a low doc loan to buy a commercial property. Does anyone know anything about the documents that I may need to provide in order to get my application approved?
by dickensfan
Fri Dec 05, 2014 2:13 pm
Forum: Home Loan Forum
Topic: Non resident home loan
Replies: 9
Views: 11560

Re: Non resident home loan

Thank you for the clarification. As I said before, I am in Australia on a 457 VISA. But our company has been downsizing a lot recently. What will happen if I lose my job? If I have bought a house in Australia, will I be allowed to keep it even if I leave Australia?
by dickensfan
Fri Dec 05, 2014 12:45 pm
Forum: Home Loan Forum
Topic: Non resident home loan
Replies: 9
Views: 11560

Re: Non resident home loan

What is the difference between ‘joint tenants’ and ‘tenants in common’?
by dickensfan
Fri Dec 05, 2014 11:10 am
Forum: Home Loan Forum
Topic: Non resident home loan
Replies: 9
Views: 11560

Re: Non resident home loan

Hello there,

I am an Australian citizen but have been working and living in the Netherlands for a long time. Do I require an FIRB approval if I want to buy a house in Australia?

Thanks in Advance.
by dickensfan
Wed Nov 05, 2014 3:59 pm
Forum: Home Loan Forum
Topic: What do banks look at while agreeing to refinance a loan?
Replies: 7
Views: 15406

Re: What do banks look at while agreeing to refinance a loan

Oh I see. The rebate thing sounds cool and it would be nice to qualify for this. Will call if anything else comes up! Thanks for your help :)
by dickensfan
Wed Nov 05, 2014 12:00 pm
Forum: Home Loan Forum
Topic: What do banks look at while agreeing to refinance a loan?
Replies: 7
Views: 15406

Re: What do banks look at while agreeing to refinance a loan

Hello Otto, like anita, I am also considering to refinance a loan to get a better rate. But I have heard that it can cost even more to refinance in some cases. What kinds of charges/fees should I anticipate for?
by dickensfan
Tue Sep 02, 2014 10:50 am
Forum: Home Loan Forum
Topic: Can I get a home loan despite having a bad credit record?
Replies: 7
Views: 10178

Re: Can I get a home loan despite having a bad credit record

I’ll definitely call you within the week. Your website has been very helpful to me, and I’ve recommended it to my friends as well.

Thanks for your time, Otto.