Search found 50 matches

by ichigomochi
Fri Mar 20, 2015 11:18 am
Forum: Commercial Loan Forum
Topic: Getting a commercial loan despite bad credit
Replies: 7
Views: 18459

Re: Getting a commercial loan despite bad credit

That’s great to hear. I’m only looking to borrow about 75% of the property price and the bankruptcy was discharged over a year ago.

Also, after checking out your website, I think I’d be more than happy to get help from your experts since they look so awesome :D I’ll give you a call next week to schedule a meeting with one of your mortgage brokers. Thank you so much for your time. Take care.
by ichigomochi
Tue Mar 17, 2015 11:53 am
Forum: Commercial Loan Forum
Topic: Getting a commercial loan despite bad credit
Replies: 7
Views: 18459

Re: Getting a commercial loan despite bad credit

Hi there,

For me, I had to declare bankruptcy a few years back because of an unfortunate incident involving my company. However, that is all in the past and the bankruptcy has already been discharged.

I just want to know how the discharged bankruptcy will influence the interest rate when I apply for a loan?
by ichigomochi
Wed Dec 31, 2014 2:01 pm
Forum: Home Loan Forum
Topic: Can I use my superannuation as deposit on my home loan?
Replies: 7
Views: 10331

Re: Can I use my superannuation as deposit on my home loan?

Well, that seems reasonable. Thank you for taking the time to explain that to me.
by ichigomochi
Wed Dec 31, 2014 12:11 pm
Forum: Home Loan Forum
Topic: Can I use my superannuation as deposit on my home loan?
Replies: 7
Views: 10331

Re: Can I use my superannuation as deposit on my home loan?

Hi there,

I am also planning on buying a house and this thread has been interesting to me. However, I am confused about LMI that was mentioned earlier in the thread. Could anyone tell me more about that?
by ichigomochi
Thu Nov 06, 2014 4:15 pm
Forum: Home Loan Forum
Topic: What will the interest on my mortgage be?
Replies: 7
Views: 9945

Re: What will the interest on my mortgage be?

But I am one of those who think having insurance is always better because we don’t know what the future holds for us. I think I will pay the LMI nevertheless.
by ichigomochi
Thu Nov 06, 2014 2:13 pm
Forum: Home Loan Forum
Topic: What will the interest on my mortgage be?
Replies: 7
Views: 9945

Re: What will the interest on my mortgage be?

Sorry to bother you again, but you lost me at the end. What do LVR and LMI mean? Could you explain a bit more about that?
by ichigomochi
Thu Nov 06, 2014 12:11 pm
Forum: Home Loan Forum
Topic: What will the interest on my mortgage be?
Replies: 7
Views: 9945

What will the interest on my mortgage be?

Hello home loan experts,

I plan on buying an apartment for about $500,000. I do not know much about buying a house, and am particularly concerned about the interest repayment. So could anyone me how much will I need to pay every month if I go along with the purchase?

Thanks in advance.
by ichigomochi
Thu Oct 23, 2014 1:58 pm
Forum: Home Loan Forum
Topic: What documents will I need while applying for a home loan?
Replies: 7
Views: 9844

Re: What documents will I need while applying for a home loa

Well, I have been running the business for over 4 years now. I think I would qualify for a full doc loan. But will call you guys to confirm this.

Thanks!
by ichigomochi
Thu Oct 23, 2014 11:12 am
Forum: Home Loan Forum
Topic: What documents will I need while applying for a home loan?
Replies: 7
Views: 9844

Re: What documents will I need while applying for a home loa

Hello, I am planning on buying a house worth $560,000 and I need a loan to complete the purchase. I was reading through your first reply and I am not sure about one thing. You have mentioned that bank can require different documents as a proof of income. Well, I run my own business and I don’t know what documents would be necessary for me to prove my earnings. Can you tell me if I would be required a different document for this?
by ichigomochi
Mon Oct 20, 2014 2:11 pm
Forum: Property Investment Forum
Topic: What are the criteria to get a loan for investment purpose?
Replies: 7
Views: 20817

Re: What are the criteria to get a loan for investment purpo

Well, I do have a couple of thousand dollars saved in my bank account. I will call you up to confirm if this will be enough for the amount of loan I am planning to borrow from the bank. Thanks so much for answering my question. See ya!
by ichigomochi
Mon Oct 20, 2014 11:01 am
Forum: Property Investment Forum
Topic: What are the criteria to get a loan for investment purpose?
Replies: 7
Views: 20817

Re: What are the criteria to get a loan for investment purpo

Hi there, I am also planning on buying an investment property. When you say 5% to 10% in genuine savings, what exactly do you mean by this?

FYI – I earn about $65,000 a year as a senior manager in a multinational company.
by ichigomochi
Mon Oct 13, 2014 5:57 pm
Forum: Home Loan Forum
Topic: Thinking of investing in Australian property
Replies: 7
Views: 9860

Re: Thinking of investing in Australian property

I got a basic understanding of it all but I’m still unsure. You can expect a call from me by the end of this month to discuss all this.
by ichigomochi
Sun Oct 12, 2014 10:04 am
Forum: Home Loan Forum
Topic: Thinking of investing in Australian property
Replies: 7
Views: 9860

Re: Thinking of investing in Australian property

Hi,

I’m a Japanese national and I’ve just moved to Canberra. My parents are telling me to buy a house instead of wasting money renting an apartment. Is there any way I can get a mortgage? If I can then what will the banks consider when assessing my loan application?
by ichigomochi
Fri Oct 10, 2014 1:45 pm
Forum: Home Loan Forum
Topic: Any possible option to borrow 100% of the property value?
Replies: 7
Views: 9271

Re: Any possible option to borrow 100% of the property value

Well, I will call you up to confirm if it will be possible for me to get a guarantor loan to buy an investment property. By the way, thanks so much for answering my question. See ya!
by ichigomochi
Fri Oct 10, 2014 11:01 am
Forum: Home Loan Forum
Topic: Any possible option to borrow 100% of the property value?
Replies: 7
Views: 9271

Re: Any possible option to borrow 100% of the property value

Hey, I am actually planning on buying a property for investment purpose. I was reading through this thread and I was quite happy to learn about the guarantor loan. You mentioned that investors can borrow 105% of the value of the investment property. Is it possible to borrow money to buy more than one investment property with the help of a guarantor?