Search found 63 matches

by afish
Wed Feb 04, 2015 1:12 pm
Forum: Home Loan Forum
Topic: Can I get a low doc loan for building a house?
Replies: 7
Views: 10801

Re: Can I get a low doc loan for building a house?

Thank you for the reply. I will discuss once again with my accountant before checking out alternative income verification.
by afish
Wed Feb 04, 2015 11:10 am
Forum: Home Loan Forum
Topic: Can I get a low doc loan for building a house?
Replies: 7
Views: 10801

Re: Can I get a low doc loan for building a house?

Hello everyone,

I am also seeking a low doc loan and I would need to provide an accountant’s letter. However, my accountant seems hesitant to sign a letter. Is there any thing that I can do?
by afish
Mon Jan 12, 2015 2:01 pm
Forum: Home Loan Forum
Topic: Do I risk losing my home while providing a family guarantee?
Replies: 7
Views: 9946

Re: Do I risk losing my home while providing a family guaran

Thanks for the information. I will call you guys next week to discuss my options.
by afish
Mon Jan 12, 2015 12:11 pm
Forum: Home Loan Forum
Topic: Do I risk losing my home while providing a family guarantee?
Replies: 7
Views: 9946

Re: Do I risk losing my home while providing a family guaran

Hi there!

I approached my bank for the procedures required to get a guarantor loan. However, they said that I will need 5% of the purchase price in genuine savings. I don’t have any savings, and the property prices in my locality are increasing and I am worried that I will have to pay more if I start accumulating savings. Has anyone got any tips for me?
by afish
Sat Dec 06, 2014 7:14 pm
Forum: Home Loan Forum
Topic: How much can I borrow for a stratum title property?
Replies: 7
Views: 10346

Re: How much can I borrow for a stratum title property?

Thanks for explaining the costs but I still can’t decide on which property I want to buy. I would indeed appreciate some help. I’ll call one of your brokers tomorrow afternoon to further discuss my situation.
by afish
Fri Dec 05, 2014 11:08 am
Forum: Home Loan Forum
Topic: How much can I borrow for a stratum title property?
Replies: 7
Views: 10346

Re: How much can I borrow for a stratum title property?

Hello home loan forum,

I want to buy a property in NSW but I can’t decide on which property I want to buy. Can anyone please help me? This is also the first time I’m buying a property so I’d be grateful if you’d list out the costs related with the loan.
by afish
Mon Nov 03, 2014 4:00 pm
Forum: Home Loan Forum
Topic: Can I show the income from my previous job to get a loan?
Replies: 7
Views: 8899

Re: Can I show the income from my previous job to get a loan

I have been running the business for more than two years now and I have the documents you have mentioned in the top part. Will give you a call to confirm a few things with you (don’t want to discuss personal matter on this forum).
by afish
Mon Nov 03, 2014 12:00 pm
Forum: Home Loan Forum
Topic: Can I show the income from my previous job to get a loan?
Replies: 7
Views: 8899

Re: Can I show the income from my previous job to get a loan

Hi Otto, I am too self-employed and I am planning to buy a house in Melbourne. What sort of documents do banks usually require from a self-employed applicant for income verification?
by afish
Fri Oct 24, 2014 4:04 pm
Forum: Home Loan Forum
Topic: For what purposes can I take out a home equity loan?
Replies: 7
Views: 9442

Re: For what purposes can I take out a home equity loan?

Wow! Thanks Otto. I’m really pumped up about getting a 100% offset account to help me on repaying my loan. If I need any more help then I’ll be sure to refer to your website.
by afish
Thu Oct 23, 2014 11:47 am
Forum: Home Loan Forum
Topic: For what purposes can I take out a home equity loan?
Replies: 7
Views: 9442

Re: For what purposes can I take out a home equity loan?

Hello everybody! I read somewhere that a 100% offset account feature could be used as an alternative for line of credit loans. Is there anything I should consider before I apply for a 100% offset account?
by afish
Wed Oct 15, 2014 6:17 pm
Forum: Home Loan Forum
Topic: Regarding the loan features for temporary residents
Replies: 7
Views: 9041

Re: Regarding the loan features for temporary residents

Thanks for taking out the time to respond to my queries. We found your answers really helpful. We’re planning on calling you as soon as we can.
by afish
Tue Oct 14, 2014 12:11 pm
Forum: Home Loan Forum
Topic: Regarding the loan features for temporary residents
Replies: 7
Views: 9041

Re: Regarding the loan features for temporary residents

Hi there,

I’m a temporary resident and I’ve been living in Birdum for more than two years. My girlfriend and I have decided to buy a home instead of continuing to live in a rented apartment. We want to know how much we may be allowed to borrow. Can anyone help us with this?
by afish
Thu Oct 02, 2014 1:01 pm
Forum: Home Loan Forum
Topic: How to get a home loan when self-employed?
Replies: 7
Views: 10241

Re: How to get a home loan when self-employed?

Thanks for sharing this info with me. I will contact you in a few days to see if it’s possible to get a low doc loan or not. So speak to you soon. Bye!
by afish
Thu Oct 02, 2014 11:01 am
Forum: Home Loan Forum
Topic: How to get a home loan when self-employed?
Replies: 7
Views: 10241

Re: How to get a home loan when self-employed?

Hey, I too am self-employed and I am thinking of applying for a low doc loan. Can you tell what loans features are available on these sorts of loans?
by afish
Thu Sep 25, 2014 12:40 pm
Forum: Home Loan Forum
Topic: What are the types of "bad credit" that I may have?
Replies: 7
Views: 10198

Re: What are the types of "bad credit" that I may have?

You’ve really helped me a lot! Gratitudes, Otto. I took a look at your website and it’s great. I’m convinced that you guys know your stuff so I’ll give you a call within the next couple of days to discuss things. Have a good day :)