All Topics / Help Needed! / Getting 95% LVR in Blackwater

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  • Profile photo of SethBillSethBill
    Participant
    @sethbill
    Join Date: 2011
    Post Count: 10
    December 18, 2011 - 4:18 am

    Hi all,

    Is it possible to get 95% LVR in Blackwater? I was also concern whether LMI provider like Genworth or QBE like to give green light on that one. Any idea how to make it work? I see good potential in Blackwater and it’s more affordable than Moranbah.

    Thanks,
    Bill

    Profile photo of Richard TaylorRichard Taylor
    Participant
    @qlds007
    Join Date: 2003
    Post Count: 12,024
    December 18, 2011 - 8:21 am

    Bill anything is possible but whether it is doable is a different matter.

    Not an exceptable location to Gemworth and limited acceptance for QBE (restructed purchase price) so going to depend on a 101 other factors.

    Would suggest you Broker look at a lender with DUA as on a standalone basis i think you have no chance.

    Cheers

    Yours in Finance

    Richard Taylor | Australia's leading private lender

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