Search found 64 matches

by thomas
Mon Jul 28, 2014 12:21 pm
Forum: Home Loan Forum
Topic: Can a lawyer get a home loan discount?
Replies: 7
Views: 8571

Re: Can a lawyer get a home loan discount?

Oh okay sounds simple enough. Let me give you a call in a few days to find out what my chances are to have my loan approved with a discount.
by thomas
Mon Jul 28, 2014 11:01 am
Forum: Home Loan Forum
Topic: Can a lawyer get a home loan discount?
Replies: 7
Views: 8571

Re: Can a lawyer get a home loan discount?

Hi there, like gleeson, I too am a legal professional. I am the legal advisor for a multinational company. I am planning to buy a house worth $550,000 and I wanted to know more about the waived LMI part. Is there a limit to how much I can borrow if I want to have my LMI waived?
by thomas
Fri Jul 11, 2014 3:55 pm
Forum: Home Loan Forum
Topic: Any loan discount available for vets?
Replies: 7
Views: 8944

Re: Any loan discount available for vets?

Great! I will call you up in a few days to discuss more about this. Till then I will try to get my documents together so that I can have my clinic up and running by the end of this year.
by thomas
Fri Jul 11, 2014 12:13 pm
Forum: Home Loan Forum
Topic: Any loan discount available for vets?
Replies: 7
Views: 8944

Re: Any loan discount available for vets?

Hey, I came across this forum post since I am also a part of the medical profession and I was searching for loan info over the internet. I am an optometrist and I have been checking people’s eye for the last ten years :)
Jokes apart, I’m thinking of opening up my own clinic and I would need to borrow money to buy some medical equipment. Is there a possibility of getting a loan discount on this?
by thomas
Sat Jul 05, 2014 11:21 am
Forum: Home Loan Forum
Topic: A sport player looking for a home loan
Replies: 7
Views: 9601

Re: A sport player looking for a home loan

Okay, I will search through my cabinet and see what papers I have with me. I will call you after a few days once I have the paperwork in order.
by thomas
Mon May 26, 2014 1:59 pm
Forum: Home Loan Forum
Topic: How much would I be able to borrow?
Replies: 7
Views: 9112

Re: How much would I be able to borrow?

I do have a couple of credit cards that I barely use and I would not have known about this if you hadn’t shared this info with. Thanks for this. I will contact you in a few days after I sort out the situation with the credit cards. Ciao!
by thomas
Mon May 26, 2014 11:59 am
Forum: Home Loan Forum
Topic: How much would I be able to borrow?
Replies: 7
Views: 9112

Re: How much would I be able to borrow?

Okay, so I tried out the calculator and it looks like I can borrow up to $500,000. If I cancel my credit card then will this increase the amount I can borrow?
by thomas
Sun May 25, 2014 11:00 am
Forum: Home Loan Forum
Topic: How much would I be able to borrow?
Replies: 7
Views: 9112

How much would I be able to borrow?

Hi there brokers, I am thinking about buying a house worth $540,000 and I need to apply for a home loan to complete the purchase. I am not sure how much would the bank be willing to offer me to complete the purchase. How much can a person normally borrow to buy a house?

FYI – I earn approximately $45,000 a year as an editor of a travel based magazine.
by thomas
Tue May 06, 2014 2:16 pm
Forum: Home Loan Forum
Topic: How do I get a loan if I’m self-employed?
Replies: 7
Views: 8244

Re: How do I get a loan if I’m self-employed?

I have heard that normal loans usually carry high insurance expenses. Just wondering, is it the same for no doc loans?
by thomas
Tue May 06, 2014 1:15 pm
Forum: Home Loan Forum
Topic: How do I get a loan if I’m self-employed?
Replies: 7
Views: 8244

Re: How do I get a loan if I’m self-employed?

Hi, I am also looking for a similar loan to open my new flower shop. I am curious about the interest rates. Is it a lot higher than other normal loans?
by thomas
Mon Mar 03, 2014 2:32 pm
Forum: Home Loan Forum
Topic: A sport player looking for a home loan
Replies: 7
Views: 9601

Re: A sport player looking for a home loan

Sweet! So what documents will I be required to submit in order to qualify for the loan?
by thomas
Mon Mar 03, 2014 11:01 am
Forum: Home Loan Forum
Topic: A sport player looking for a home loan
Replies: 7
Views: 9601

A sport player looking for a home loan

Hi, I am a national football player and I need a home loan to buy a house worth $560,000. I have a hunch that it is going to be difficult to have my loan approved because of my profession. Is it difficult for a sports player to get home loan?
by thomas
Fri Dec 20, 2013 10:50 am
Forum: Home Loan Forum
Topic: Rent as genuine savings possible for home loan?
Replies: 7
Views: 10416

Rent as genuine savings possible for home loan?

Hi experts, is it possible to use my rent as proof of genuine savings for my home loan? I had heard that you could do this from a friend but I wanted to confirm with a professional mortgage broker.

FYI I have been living in a rented unit for 1 year and 8 months and I pay $300 per week. It’s a nice place but I think I first moved here when I was not sure about my income and my job. Now that I am in a better position at my workplace I want to buy own my unit now. I was planning to wait longer and save up more before I applied but then I found about the rent thing.

Please let me know what you think about all of this.

Thanks!
by thomas
Sun Dec 01, 2013 8:29 am
Forum: Home Loan Forum
Topic: How long do credit enquiries stay on file?
Replies: 9
Views: 13602

Re: How long do credit enquiries stay on file?

Hey this might be a silly question but I was just wondering what kind of information is recorded along with your credit enquiry.

I also tried out the calculator you mentioned above and it says that I have a low credit score. Is there anything I can do to improve my score?
by thomas
Wed Oct 02, 2013 3:23 pm
Forum: Property Investment Forum
Topic: Can I get tax benefits with Australian properties?
Replies: 8
Views: 19216

Re: Can I get tax benefits with Australian properties?

Otto, I would also like to buy a house here.

What are the exact restrictions for someone who is working in Australia but does not have an Australian spouse?

Just to let you know, I have been working in Australia for more than 4 years now for an MNC. They set me up in an apartment in the beginning but I think that I might settle down here for good.

Thanks
Thomas