Search found 14 matches

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Mon Feb 05, 2018 8:19 pm
Forum: Home Loan Forum
Topic: Can I get a low doc loan with no business activity statements?
Replies: 4
Views: 8069

Re: Can I get a low doc loan with no business activity statements?

Thanks for the informative reply. I can provide an accountant's letter as well as business bank account statements. I'll call in to discuss the specifics at the earliest. Bye.
by
Mon Feb 05, 2018 5:26 pm
Forum: Home Loan Forum
Topic: Can I get a low doc loan with no business activity statements?
Replies: 4
Views: 8069

Re: Can I get a low doc loan with no business activity statements?

I can ask my accountant to write a letter for me, if it works. Could you just outline me what details should be in a letter?
by
Mon Feb 05, 2018 2:11 pm
Forum: Home Loan Forum
Topic: Can I get a low doc loan with no business activity statements?
Replies: 4
Views: 8069

Can I get a low doc loan with no business activity statements?

Hi Team. I'm self-employed and want to buy a home. Since I am not GST registered, I can't prove my income through BAS and I haven’t lodged my tax returns. What are the other ways to prove my income and get a mortgage?
by
Fri Feb 26, 2016 5:18 pm
Forum: Home Loan Forum
Topic: CBA and Westpac low doc loan products
Replies: 4
Views: 9306

Re: CBA and Westpac low doc loan products

Your have been very precise and prompt with your answers. Thanks. I definitely want to speak with one of your mortgage brokers to find the best lender with the best low doc rates for me. Talk soon. Bye.
by
Fri Feb 26, 2016 6:57 am
Forum: Home Loan Forum
Topic: CBA and Westpac low doc loan products
Replies: 4
Views: 9306

Re: CBA and Westpac low doc loan products

I have gone through my options and it seems this is the only way to go if I want to buy right now. Which do you think is it better to get a low doc loan from, CBA or Westpac?
by
Thu Feb 25, 2016 11:01 am
Forum: Home Loan Forum
Topic: CBA and Westpac low doc loan products
Replies: 4
Views: 9306

CBA and Westpac low doc loan products

Hello, I am thinking of getting a low doc loan to buy a house. I have a savings account in CBA as well as Westpac and I would like to go with either one of them rather than another bank. A friend told me that I would easily get a quick reply here so can anyone tell me what low doc loan products CBA and Westpac have on offer?
by
Thu Aug 20, 2015 1:46 pm
Forum: Property Investment Forum
Topic: Can I take out a no deposit investment loan?
Replies: 4
Views: 71402

Re: Can I take out a no deposit investment loan?

Yes, you’ve changed my mind - I’m reconsidering getting my parents to help with my home loan. I’ve not decided on anything right now. Maybe I‘ll call you in a few days to discuss other options that may be available. Thank Otto and have a nice day.
by
Wed Aug 19, 2015 10:07 am
Forum: Property Investment Forum
Topic: Can I take out a no deposit investment loan?
Replies: 4
Views: 71402

Re: Can I take out a no deposit investment loan?

Hello everyone! I was thinking of taking out a home loan but something came up and I had to use all of my savings to deal with it. Because of that, I’ve got no savings that I can use to take out a mortgage. I was considering going guarantor but I’m not too sure about that.

While looking for alternate options, I read somewhere about the idea of using the money from our super as a deposit. Can this be done?
by
Mon Jul 13, 2015 7:44 pm
Forum: Home Loan Forum
Topic: What should I do after getting a pre-approval?
Replies: 7
Views: 12704

Re: What should I do after getting a pre-approval?

It seems that there are so many things to look out for. I think I’ll need your help to go through this. I'll give you a call sometime this week. Thanks again for such detailed replies. Talk to you soon. Cheers!
by
Mon Jul 13, 2015 10:25 am
Forum: Home Loan Forum
Topic: What should I do after getting a pre-approval?
Replies: 7
Views: 12704

Re: What should I do after getting a pre-approval?

Thanks for answering in such detail. I’ve got one more question though. Are there any things that I should look out for around the time of settlement?
by
Mon Jul 13, 2015 8:13 am
Forum: Home Loan Forum
Topic: What should I do after getting a pre-approval?
Replies: 7
Views: 12704

What should I do after getting a pre-approval?

Hello home loan experts,

I just got a pre-approval but it was such a hassle because I went through the loan application process all by myself. I had no idea what I was doing most of the time.

Now that I’ve got a pre-approval, I want to properly learn about the steps after pre-approval before jumping haphazardly into it again.

A friend of mine recommended this forum to me and said that this is really useful. Can anyone here help me out with my situation?
by
Tue May 05, 2015 2:11 pm
Forum: Home Loan Forum
Topic: Are these rumours about home loans true?
Replies: 7
Views: 11059

Re: Are these rumours about home loans true?

Thanks a lot for taking the time to reply man. Now I’m clear on many aspects of the home loan but I’ve got to learn a bit more before actually starting the loan application process.

I’ll go through your website to get more info and will give you a call once I’m ready to go ahead with the purchase. Thanks again!
by
Mon May 04, 2015 6:45 pm
Forum: Home Loan Forum
Topic: Are these rumours about home loans true?
Replies: 7
Views: 11059

Re: Are these rumours about home loans true?

Thanks for the credit card advice man. I do have two at the moment but I don’t need both of them. I’ll get rid of one asap.

I’ve also heard that I need to pay some kind of insurance to cover the loan. I’m confused whether it protects me or the lender. A little help to clear this up?
by
Mon May 04, 2015 12:10 pm
Forum: Home Loan Forum
Topic: Are these rumours about home loans true?
Replies: 7
Views: 11059

Are these rumours about home loans true?

Hello there,

I’ve been thinking about purchasing my first home for a few weeks now. I’ve been talking with my friends about getting a home loan for the purchase.

The problem is that I’ve been hearing a few rumours about home loans like, hiring a mortgage broker is too expensive or that lots of assets can make up for having a low income, or that lenders won’t lend to you if you don’t have a deposit.

Are these rumours really true?