Search found 11 matches

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Thu Jan 18, 2018 8:26 pm
Forum: Home Loan Forum
Topic: How much I can borrow for low-doc loan?
Replies: 4
Views: 7939

Re: How much I can borrow for low-doc loan?

Thanks Otto for the information. I’ll visit your office in the coming week and discuss further. Have a good day.
by
Thu Jan 18, 2018 5:01 pm
Forum: Home Loan Forum
Topic: How much I can borrow for low-doc loan?
Replies: 4
Views: 7939

Re: How much I can borrow for low-doc loan?

Thanks for the info. Do all the lenders do low-doc loans or only specialist lenders do such loans?
by
Thu Jan 18, 2018 12:43 pm
Forum: Home Loan Forum
Topic: How much I can borrow for low-doc loan?
Replies: 4
Views: 7939

How much I can borrow for low-doc loan?

Hello Forum!
I have been considering getting a low doc loan to buy a unit but I am not sure whether I’ll qualify for one. Can anybody at this forum tell me if I’ll be eligible to take out a low doc mortgage or not?
by
Tue Mar 01, 2016 9:36 am
Forum: Home Loan Forum
Topic: Buy someone out of a mortgage australia
Replies: 3
Views: 16552

Re: Buy someone out of a mortgage australia

Thanks Otto. That's okay, I had been considering to refinance to another bank anyway. You seem like a standup guy. I will call your office to see how you guys can help me with this :)
by
Mon Feb 29, 2016 11:02 am
Forum: Home Loan Forum
Topic: Buy someone out of a mortgage australia
Replies: 3
Views: 16552

Buy someone out of a mortgage australia

Hi, my partner and I agreed to separate and both of us are now happier. There is no bad blood between us and we are ready to move on with our lives. We did have a home loan here in Australia though but I would like to buy her out of the mortgage. Any way I can change the loan so it's just me on the title?
by
Mon Jun 15, 2015 12:05 pm
Forum: Property Investment Forum
Topic: Higher investment loan rates for my holiday home?
Replies: 7
Views: 70743

Re: Higher investment loan rates for my holiday home?

Hmm… well, I am intending on making extra repayments so a flexible fixed rate loan seems like the way to go. I’ll give you a call by the end of the week to discuss things in detail. Thanks for your quick and to-the-point reply, Otto. With you guys’ help, I’m sure my fiance and I can get the loan we want :)
by
Sat Jun 13, 2015 12:40 pm
Forum: Property Investment Forum
Topic: Higher investment loan rates for my holiday home?
Replies: 7
Views: 70743

Re: Higher investment loan rates for my holiday home?

Hi Otto, thanks for your quick reply. We're really not that sure about fixing. Is there anything that we can refer to, which can help us decide whether or not we should fix our rate?
by
Fri Jun 12, 2015 11:04 am
Forum: Property Investment Forum
Topic: Higher investment loan rates for my holiday home?
Replies: 7
Views: 70743

Higher investment loan rates for my holiday home?

Hi home loan forum,

My fiance and I own a holiday home in Brisbane. It’s a small place in a nice neighbourhood but we don’t live in it. We usually stay there from November through February after which we come back to our home here in Dalby.

We’ve had some friends sit the house sometimes and we’ve rented it out a couple of times. Now, we’re thinking of renovating it completely and renting it out throughout the rest of the year we’re not there. In order to help finance everything, we’re thinking of taking out an investment loan.

My fiance and I have never taken out an investment loan so we don’t know if we need to pay a higher interest rate for our holiday home. So do we?
by
Thu May 14, 2015 11:43 am
Forum: Commercial Loan Forum
Topic: What can I use a commercial loan for?
Replies: 6
Views: 54289

Re: What can I use a commercial loan for?

I wasn’t entirely sure earlier if I should apply for a commercial loan. But now, I’m fairly positive about it. This has been really informative. I haven’t found a property to invest in yet, so I’ll start looking for one. I’ll give you a call after I find it. Cheers, mate!
by
Wed May 13, 2015 2:21 pm
Forum: Commercial Loan Forum
Topic: What can I use a commercial loan for?
Replies: 6
Views: 54289

Re: What can I use a commercial loan for?

I had no idea a commercial loan could also be used for purposes other than investment. Thanks for that info, Otto!

So if I purchase a commercial property, then how much can I borrow?
by
Tue May 12, 2015 4:22 pm
Forum: Commercial Loan Forum
Topic: What can I use a commercial loan for?
Replies: 6
Views: 54289

What can I use a commercial loan for?

Hi home loan experts,

I recently got to learn about commercial loans through a friend. He explained to me that such loans can be used to invest in property. However, he didn’t seem to have any idea on how difficult it can be to get the loan approved.

Can anyone in this forum help me be clear on this?