Apply for two loan?

Any general questions you might have in regards to loans and finance.
Post Reply
Anjoe
Posts: 1
Joined: Tue Mar 09, 2010 8:07 pm

Apply for two loan?

Post by Anjoe »

Hi

Me and my husband brought a property as a investment property half year ago, and there is no loan on that property, and now we a plan to buy a property of our own living, both of us a employed as casual and contractor for more than 6 months.

We were thinking of refinance our unit and would be great if repayment of loan can be cover by the rental income, at the moment that unit are rent for $310 per week.

On the other hand, we want to use the loan as a deposit for our new property,we are looking for something around 40k-45k.

Please advise if i can get any loan from you company under this situation?

User avatar
Otto Dargan
Mortgage Specialist
Posts: 7730
Joined: Sat Sep 06, 2008 5:55 pm
Location: Sydney, Australia
Contact:

Re: Apply for two loan?

Post by Otto Dargan »

Hi Joe,

Yes what you are suggesting sounds like no problem at all. There are a couple of different loan structures that are suitable for what you are doing that we can discuss in detail over the phone.

We have a broker that specialises in unusual employment including contract & casual income. If you have both been in your jobs for over 6 months then you should qualify for market leading rates with a major lender.

Please call us on 1300 889 743 at your convenience.
Otto Dargan
Mortgage Broker
P | 1300 889 743
Home Loan Experts

Post Reply