Search found 42 matches

by Kubuki
Tue Dec 16, 2014 4:00 pm
Forum: Home Loan Forum
Topic: Possible options to get a loan without a deposit?
Replies: 7
Views: 9419

Re: Possible options to get a loan without a deposit?

Oh okay. My grandpa had given me the money after he sold his old farm house. :)
by Kubuki
Tue Dec 16, 2014 12:00 pm
Forum: Home Loan Forum
Topic: Possible options to get a loan without a deposit?
Replies: 7
Views: 9419

Re: Possible options to get a loan without a deposit?

Hi there, I too am thinking of applying a no deposit home loan. I actually had received $15,000 from my grandpa a few months ago. I am thinking of putting this money towards my house. Will I be able to use the money as a deposit?
by Kubuki
Tue Dec 02, 2014 4:06 pm
Forum: Home Loan Forum
Topic: Can I qualify for an investment loan?
Replies: 7
Views: 10506

Re: Can I qualify for an investment loan?

Thank you so much, Otto! You've been really helpful and I’m really grateful for that. I’ll call you in a couple of days when I get started on my loan application.
by Kubuki
Mon Dec 01, 2014 3:28 pm
Forum: Home Loan Forum
Topic: Can I qualify for an investment loan?
Replies: 7
Views: 10506

Re: Can I qualify for an investment loan?

Hey, Otto. Thanks for the informative reply! I may be qualified for the loan after all. However, I want to borrow a very large amount. Can you give me some advice on how I can increase my borrowing capacity?
by Kubuki
Fri Nov 28, 2014 1:01 pm
Forum: Home Loan Forum
Topic: Can I qualify for an investment loan?
Replies: 7
Views: 10506

Can I qualify for an investment loan?

Hey everyone. I'm a sales director from Newcastle. As my business is blooming, I’m considering investing in a new property. For this I would have to take out a loan but I’m not sure if I qualify for that. Some of my friends advised me to apply for an investment loan. Could anyone tell me more about investment loans and whether I will qualify for one?
by Kubuki
Mon Oct 20, 2014 1:56 pm
Forum: Home Loan Forum
Topic: Is it possible to buy a house with a new job?
Replies: 7
Views: 9964

Re: Is it possible to buy a house with a new job?

Thanks again. I will definitely give you guys a call to discuss how I can go ahead with my home loan application.
by Kubuki
Mon Oct 20, 2014 12:23 pm
Forum: Home Loan Forum
Topic: Is it possible to buy a house with a new job?
Replies: 7
Views: 9964

Re: Is it possible to buy a house with a new job?

Thank you for taking the time to respond. It is good to know that I may be able to borrow 95% of the property value. However, I am not sure about what LVR really is. Could you explain a bit about that?
by Kubuki
Mon Oct 20, 2014 10:03 am
Forum: Home Loan Forum
Topic: Is it possible to buy a house with a new job?
Replies: 7
Views: 9964

Is it possible to buy a house with a new job?

Hello home loan experts!

I have recently started working as a full time employee for a television company. My annual salary is $49,000. I am currently living in a rented apartment and I pay a weekly rent of $360. I have been thinking about buying my own apartment and I will need to borrow around $400,000 for the purchase.

However, I heard that I may not be able to get a home loan since I am quite new to my job. Is it really true? I would be grateful if someone could tell me what I can do in my situation.
by Kubuki
Tue Sep 09, 2014 4:56 pm
Forum: Home Loan Forum
Topic: How much can I borrow on a kit home loan?
Replies: 7
Views: 8543

Re: How much can I borrow on a kit home loan?

Thank you very much, Otto. Your website is very informative and easy to go through. If we want to know more then we’ll have a look at it again. We will give you a call as soon as we can. Goodbye.
by Kubuki
Tue Sep 09, 2014 9:13 am
Forum: Home Loan Forum
Topic: How much can I borrow on a kit home loan?
Replies: 7
Views: 8543

Re: How much can I borrow on a kit home loan?

Hello and good afternoon!

My wife and I had been planning on getting a mine subsidence home loan, and we have been saving up for quite a while. We want to know how we can get an approval on our loan application. Can anyone provide us with this information?
by Kubuki
Mon Aug 04, 2014 2:22 pm
Forum: Home Loan Forum
Topic: No deposit home loan
Replies: 7
Views: 9142

Re: No deposit home loan

Thanks for the explanation. I will need to borrow as much as I can, but I am worried about LMI. When I bought my apartment I did not have to pay any LMI premium. Why do I need to pay LMI now?
by Kubuki
Mon Aug 04, 2014 11:22 am
Forum: Home Loan Forum
Topic: No deposit home loan
Replies: 7
Views: 9142

Re: No deposit home loan

Hi Otto,

I had a go at the no deposit home loan calculator. It said that I can use “Equity in an existing property” to get a loan. Could you tell me something more about this?
by Kubuki
Sat Aug 02, 2014 10:11 am
Forum: Home Loan Forum
Topic: No deposit home loan
Replies: 7
Views: 9142

No deposit home loan

Hi home loan experts,

I am from Canberra and work as an HR Officer for a travel agency in Bathurst. My current income is $52,000 per year. I have been working for the past 3 years but do not have much savings as I was repaying the loan on my apartment, which I have almost paid off.

I am getting married soon, so I need to move to a bigger place. I have found a house for sale that is worth $540,000 and meets all my needs. I am worried that this house will be sold before I can save money for the deposit. Can someone please tell me if there are ways to get a home loan without a deposit?
by Kubuki
Wed Jul 23, 2014 12:40 pm
Forum: Home Loan Forum
Topic: How much can I borrow on an NRAS approved property?
Replies: 7
Views: 10001

Re: How much can I borrow on an NRAS approved property?

Yes, I’m a first home buyer so it seems like I may be able to borrow up to 95% of the property value. Awesome! Thanks for the info, Otto. I’m actually still deciding on what property to buy. When I come up with a decision then I’ll be sure to give you a call to discuss my plans. Have a great day :)
by Kubuki
Tue Jul 22, 2014 3:46 pm
Forum: Home Loan Forum
Topic: How much can I borrow on an NRAS approved property?
Replies: 7
Views: 10001

Re: How much can I borrow on an NRAS approved property?

Thanks, but my uncle has recently found a great inner city apartment which I simply loved after I had a look at it. Can you tell me the amount that I can borrow if I want to buy the inner city unit instead?