Search found 47 matches

by moodyjack
Mon Jan 13, 2014 1:45 pm
Forum: Home Loan Forum
Topic: What kinds of low doc loans can I get?
Replies: 7
Views: 4744

Re: What kinds of low doc loans can I get?

I’m also getting a low doc home loan but my bank said that it wouldn’t be possible to borrow more than 80%. Is it possible for you brokers to negotiate for a larger loan amount then?
by moodyjack
Tue Dec 03, 2013 2:15 pm
Forum: Home Loan Forum
Topic: Not happy with bank, can I apply for home loan at other bank
Replies: 7
Views: 4941

Re: Not happy with bank, can I apply for home loan at other

Got it! Sounds good to me. I will just speak to some colleagues at my bank first and then call you after I talk to them.
by moodyjack
Sun Dec 01, 2013 8:18 am
Forum: Home Loan Forum
Topic: Not happy with bank, can I apply for home loan at other bank
Replies: 7
Views: 4941

Re: Not happy with bank, can I apply for home loan at other

Hi guys I was going through this thread (also a bank employee here) and was wondering about your “prepare to buy program” that you mentioned above. Do you guys help people to buy and how does it work?
by moodyjack
Mon Nov 11, 2013 10:27 am
Forum: Home Loan Forum
Topic: Am I eligible for FHOG?
Replies: 8
Views: 5978

Re: Am I eligible for FHOG?

Great, thanks

Hopefully our application will go smoothly :)
by moodyjack
Sun Nov 10, 2013 3:59 pm
Forum: Home Loan Forum
Topic: Am I eligible for FHOG?
Replies: 8
Views: 5978

Re: Am I eligible for FHOG?

Thanks Otto.

I will try the calculator.

Could you help me further by explaining what documents I will need to submit for the FHOG application? I want to get everything in place before I apply.
by moodyjack
Sun Nov 10, 2013 12:32 pm
Forum: Home Loan Forum
Topic: Am I eligible for FHOG?
Replies: 8
Views: 5978

Am I eligible for FHOG?

Hi guys, I am an IT manager at a logistics company in Victoria. I have just been promoted but have been working here for more than 5 years. I also currently earn $70,000 p.a. At the moment I am residing with my mother in a rented space for $ 520 each month. Now that I am in a better position to affo...
by moodyjack
Mon Jul 22, 2013 9:21 pm
Forum: Home Loan Forum
Topic: Freelance designer needing a home loan
Replies: 12
Views: 7963

Re: Freelance designer needing a home loan

Thanks, well it’s like this: I want to buy a unit in NSW for $430,000 and I need to borrow $400,000 from the bank.
by moodyjack
Mon Jul 22, 2013 7:01 pm
Forum: Home Loan Forum
Topic: Freelance designer needing a home loan
Replies: 12
Views: 7963

Re: Freelance designer needing a home loan

Hi, I was just reading this thread and I got a bit confused about the terms you used: LVR and LMI. Could you please explain that?
by moodyjack
Thu Apr 18, 2013 7:48 pm
Forum: Property Investment Forum
Topic: Can I use my property as security for low doc loan?
Replies: 6
Views: 12151

Re: Can I use my property as security for low doc loan?

Thank you for the advice. I will definitely think about calling you up. ;)

-Jack
by moodyjack
Thu Apr 18, 2013 5:10 pm
Forum: Property Investment Forum
Topic: Can I use my property as security for low doc loan?
Replies: 6
Views: 12151

Re: Can I use my property as security for low doc loan?

Hi

I’m also planning on getting a low doc loan but I want to invest in some shares on the stock market.

How do I deal with the cash out restriction if I want more than $50,000? :D

Thanks

Jack
by moodyjack
Thu Dec 20, 2012 2:13 pm
Forum: Home Loan Forum
Topic: Can I Get A Debt Consolidation Loan?
Replies: 1
Views: 4051

Can I Get A Debt Consolidation Loan?

Hello there, I am looking to get a consolidation home loan. I currently have 3 credit cards and 1 personal loan that I want to incorporate into a mortgage. I am looking at properties in the price range of 350k – 400k. My debts in total are roughly 35k. I have a deposit of 90k. Essentially I am looki...
by moodyjack
Sat Jul 16, 2011 9:19 pm
Forum: Home Loan Forum
Topic: Loan To Value Ratio (LVR) How To Calculate The LVR?
Replies: 2
Views: 3435

Loan To Value Ratio (LVR) How To Calculate The LVR?

Hi there, I read your page on LVRs however I couldn't seem to quite understand it. To be honest i am not very good at maths and thankfully a friend of mine is helping me to buy a home. I've made an offer on a property of $322,000 which i think will be accepted in the next few days when the vendors c...
by moodyjack
Mon Apr 19, 2010 10:50 am
Forum: Home Loan Forum
Topic: what about company title properties?
Replies: 1
Views: 4322

what about company title properties?

I've been looking around for a property to buy for some time - lately i found a unit that's in company title, is it easy to get a mortgage? what's the maximum i will be able to borrow??

Cheers.
by moodyjack
Thu Apr 01, 2010 1:33 pm
Forum: Home Loan Forum
Topic: Home loan for a CBD apartment
Replies: 1
Views: 4261

Home loan for a CBD apartment

I'm planning to buy an apartment in the CBD, but want to borrow as much as possible. What is the maximum percentage I can borrow?

Thanks.
by moodyjack
Fri Jun 19, 2009 4:31 pm
Forum: Home Loan Forum
Topic: HELP! employment problem
Replies: 3
Views: 8347

Re: HELP! employment problem

That sounds quite bad... so i would be better off getting a home loan after a year of casual employment?

Go to advanced search