Search found 3 matches

by Makaveli
Thu Jul 04, 2019 9:57 pm
Forum: Home Loan Forum
Topic: Looking for a 20 acre vacant land loan
Replies: 5
Views: 2556

Re: Looking for a 20 acre vacant land loan

As I mentioned in my initial questions, it will be developed into a self-sufficient lifestyle block. I grew up around farms so I plan to run a few heads of cattle, horses etc. Am I looking at paying a higher interest rate because it’s a vacant land loan? Will my application be assessed as a vacant l...
by Makaveli
Thu Jul 04, 2019 7:13 pm
Forum: Home Loan Forum
Topic: Looking for a 20 acre vacant land loan
Replies: 5
Views: 2556

Re: Looking for a 20 acre vacant land loan

You’ve got great information on the page. I don’t see any other issue apart from the location of the property which is postcode 2580 near Goulburn.

How much will I be able to borrow in this postcode? Your calculator just says medium risk.
by Makaveli
Thu Jul 04, 2019 5:58 pm
Forum: Home Loan Forum
Topic: Looking for a 20 acre vacant land loan
Replies: 5
Views: 2556

Looking for a 20 acre vacant land loan

Hi, my husband and I are looking to purchase a 20-acre vacant land that we want to use as a hobby farm/lifestyle block for five to six years and then build on the property. We applied with a bank but they want to see building permit and plans before approving our loan which we don’t plan on starting...