hey,
I’m just enqiring if I could get a massive loan at the age of 19 when i have cashflow from my shares.
e.g. $1000 000 – loan (inc. charges)
cashflow pay month- $5500Nehal Rajan Singh
Only one way to find out; ask a lender such as a Mortgage Broker or bank. I was 18 years old when I got my first mortage with my brother for our first home. Age should not stop you if the bank accrpts the risk of the deal.
Share dividends will not be considered as a stable income especially for a beginner. A company can cease to pay dividends at any time. You will need a job and/or rental income.
Robert Bou-Hamdan
Mortgage AdviserNehal,
If this is your real name. What age are u today?
Last week you were 15, 18 & 19.
You asked some very serious Qs in other posts and u received lots of good advice, But buddy don’t waste peoples time with the rubbish u have presented in your posts.
You are a TIME WASTER>
GO AND ANNOY YOUR BUDDIES AND GET A HAIR CUT.
GOOD BYE.
hrm
Nehal
Is it good that you are planning ahead!?
To get a loan you will generally need a deposit and will certainly need a job.
Terryw
Discover Home Loans
Mortgage Broker
North Sydney
[email protected]Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
Email MeLawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au
Guys,
I don’t think he is lying. More trying to plan for when he turns 18 and 19. I hope this helps clarify. [chill]
You must be logged in to reply to this topic. If you don't have an account, you can register here.
