Search found 7 matches

by
Mon Oct 05, 2015 3:24 pm
Forum: Property Investment Forum
Topic: Do I qualify for a 97% investment loan?
Replies: 7
Views: 159229

Re: Do I qualify for a 97% investment loan?

Your website has a lot of info on 97% investment loans and other loans too. It’s really helpful. I’m planning to apply for an investment loan next month. I’ll give you a call if I decide to proceed with a 97% investment loan. Thanks so much for your help mate.

Cheers.
by
Sun Oct 04, 2015 10:06 am
Forum: Property Investment Forum
Topic: Do I qualify for a 97% investment loan?
Replies: 7
Views: 159229

Re: Do I qualify for a 97% investment loan?

Good afternoon experts,

I’m planning to buy an investment property. I happened to run into this post because borrowing 97% of the purchase price sounded pretty attractive. However, it’s completely new to me so I don’t know anything about it.

How do 97% investment loans work?
by
Tue Apr 07, 2015 4:03 pm
Forum: Home Loan Forum
Topic: Verifying income through one year’s tax return
Replies: 7
Views: 11225

Re: Verifying income through one year’s tax return

Okay. Thanks Otto. I’ll be calling you by the end of the week. There are many other things I’d like to discuss as well. Let’s hope you guys can help me out with all of them. Have a good day. Bye.
by
Sun Apr 05, 2015 6:07 am
Forum: Home Loan Forum
Topic: Verifying income through one year’s tax return
Replies: 7
Views: 11225

Re: Verifying income through one year’s tax return

Hi. I want to add back my expenses in order to increase my assessable income. What expenses will I be able to add back?
by
Thu Feb 19, 2015 3:02 pm
Forum: Home Loan Forum
Topic: How do banks view loan applications from consultants?
Replies: 5
Views: 9902

Re: How do banks view loan applications from consultants?

Hi Otto,

I have the payslips in place but I'm short of the tax returns for the last two years. I guess I’ll call your office tomorrow to speak with one of your mortgage brokers. I’m sure they’ll be able to help me out :)

I’m really grateful for your help. Have a good day.
by
Wed Feb 18, 2015 6:54 pm
Forum: Home Loan Forum
Topic: How do banks view loan applications from consultants?
Replies: 5
Views: 9902

Re: How do banks view loan applications from consultants?

Hey Otto,

I really appreciate the helpful insight! It seems that my situation isn’t so bad after all but I still have a few more concerns. For instance, what documents will the bank ask for?
by
Tue Feb 17, 2015 1:17 pm
Forum: Home Loan Forum
Topic: How do banks view loan applications from consultants?
Replies: 5
Views: 9902

How do banks view loan applications from consultants?

Hey there forum,

My wife and I are looking to take out a home loan to buy a property in Townsville (currently valued at $620,000). I’ve been working as a software consultant for the past year and a half, earning around $60,000 per year. My wife does not have a job so it’s just going to be me making the repayments.

We haven’t approached the bank yet since we want to make an educated decision. I’m also concerned that my employment as a consultant may be a problem.

We want to make sure that we don’t come across any issues while applying for the loan. My question is, what should we expect from the bank?