yeah, i hit enter and thought oops, missed it..to answer the question, yes, but it would be mitigated.

cheers

brahms
Purveyor of Fine Finances
aka Mortgage Broker Brisbane

12 months out and 20% deposit = first tier lender approval.

mi will consider after 18 months.

obviously someone who pays 90c vs 2c in the dollar is considered more favourably – but not exclusively.

cheers

brahms
Purveyor of Fine Finances
aka Mortgage Broker Brisbane

hi land64, i guess u need to determine if its structural or not, termites tend to follow moisture, lots of internal damage is a initiated by failed water proofing of showers/baths/kitchen sinks etc.

commonly (during treatment) these areas are isolated and ‘fixed’ – you just have to be sure of where exactly they have been ‘fixed’. ie. one wall or…[Read more]

after a quick review of rising costs, i think some upside in the rental income stream is required.

cheers

brahms
Purveyor of Fine Finances
aka Mortgage Broker Brisbane

cbd apartments with inheritable positive featurs – views, floor plan, location – and particularly when the seller has purchased otp 2 yrs ago.

cheers

brahms
Purveyor of Fine Finances
aka Mortgage Broker Brisbane

Landt, where is the property? the reason i ask is because termites are common in qld, not so common in vic, so we qlder’s tend to take it in our stride – what i mean is when i see a fence eaten out by white ants i sort of think ‘thats good, i know where they are..’

cheers

brahms
Purveyor of Fine Finances
aka Mortgage Broker Brisbane

for what its worth, i’d redo the building and pest report… burning up a couple of hundred now is better than a couple of thousand next year.

cheers

brahms
Purveyor of Fine Finances
aka Mortgage Broker Brisbane

BDM aka Brochure Delivery Man

but more seriously, a bdm has to be able to make a difference – promising the world and delivering an atlas really doesn’t cut it.

i really find it necessary to have confidence in the lender behind the bdm – if my clients get substandard service post settlement it will reflect on me – not interested in this sort of…[Read more]

send me a pm – i’ll send u details of some firms we use.

cheers

brahms
Purveyor of Fine Finances
aka Mortgage Broker Brisbane

Carlyle
waiving mi on 95% i’d rate as highly ambitious – one option would be to effect purchase at 95% and then capitalise the mi to a max of 97% – some banks restrict ‘refinances’ to 90% – so be careful to get this right.

as stated earlier, talk to a broker, a good one will make this job so much easier.

cheers

brahms
Purveyor of Fine…[Read more]

Also, you may even consider a reverse mortgage – these mostly do disciminate on age -ie, you have to be at least 65yrs (or something like that) to get one – these offer a number of options –

– lump sum payment
– monthly pmt to supplement other income streams
– all of the above

cheers

brahms
Purveyor of Fine Finances
aka Mortgage Broker Brisbane

i wouldn’t write it off that quick – depends on overall strenght and the property itself. Oh, and it depends on lender.

cheers

brahms
Purveyor of Fine Finances
aka Mortgage Broker Brisbane

i’d suggest you discuss this with your solicitor -particularly if you engaged a WA solicitor to act on your behalf.

maybe thay can recommend someone to act on your behalf on a fee for service basis.

cheers

brahms
Purveyor of Fine Finances
aka Mortgage Broker Brisbane

its sort of like asking …

‘whos got the best mortgage manager?’

is there any difference between packaged up Adelaide Bank, ING Bank, Macquarie Bank, Origin, Liberty etc from one manager to the next?

cheers

brahms
Purveyor of Fine Finances
aka Mortgage Broker Brisbane

tks naba

correct me if i’m wrong, but thats only indicative of your panel lenders. not mine.

cheers

brahms
Purveyor of Fine Finances
aka Mortgage Broker Brisbane

i have a huge amount of confidence in the brissy city market – both for resales and rental.

i work in this market.

cheers

brahms
Purveyor of Fine Finances
aka Mortgage Broker Brisbane

as Rob has said, other factors apply to any finance application.

the original question from uforia was concise – refering to mortgage insurance only.

get it??

cheers

brahms
Purveyor of Fine Finances
aka Mortgage Broker Brisbane

there is a pure relationship between loan amount and the applicants salary, savings and situation.

its sort of…non negotiable (no matter if “u r da man’ – apologies to the other ‘the man’)

cheers

brahms
Purveyor of Fine Finances
aka Mortgage Broker Brisbane

again Rob, you are correct.

cheers

brahms
Purveyor of Fine Finances
aka Mortgage Broker Brisbane

Rob, this forum isn’t about you….or me….

get it??

cheers

brahms
Purveyor of Fine Finances
aka Mortgage Broker Brisbane