Search found 3 matches

by Edmure
Thu Jun 27, 2019 9:51 pm
Forum: Home Loan Forum
Topic: Are there lenders who can help with a 104 ha lifestyle block?
Replies: 5
Views: 2188

Re: Are there lenders who can help with a 104 ha lifestyle block?

Ok. What’s the interest rates like if the acreage is assessed as residential vs commercial respectively?
by Edmure
Thu Jun 27, 2019 9:08 pm
Forum: Home Loan Forum
Topic: Are there lenders who can help with a 104 ha lifestyle block?
Replies: 5
Views: 2188

Re: Are there lenders who can help with a 104 ha lifestyle block?

Ok. How do I ensure the loan is considered residential instead of a commercial loan? Can I hire a valuer to do the assessment before applying?
by Edmure
Thu Jun 27, 2019 7:22 pm
Forum: Home Loan Forum
Topic: Are there lenders who can help with a 104 ha lifestyle block?
Replies: 5
Views: 2188

Are there lenders who can help with a 104 ha lifestyle block?

I’m interested in purchasing a 104 ha (hectares) acreage with a house and a well-maintained dirt road. It will primarily be a lifestyle block with minimal farming and livestock. I was told by my bank CBA that they can’t help me here as the land size is unacceptable. I have a deposit of $200,000 and ...

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