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  • Profile photo of brierleygbrierleyg
    Participant
    @brierleyg
    Join Date: 2010
    Post Count: 4
    August 11, 2010 - 11:08 am

    Hi Ryan

    Lenders are very fickle at the moment about your deposit funds. With an LVR of 70-80% you stay away from loan mortgage insurance. But my opinion is that if it is out the plain vanilla mould then they will not do the deal.

    Cheers Greg

    Profile photo of brierleygbrierleyg
    Participant
    @brierleyg
    Join Date: 2010
    Post Count: 4
    August 11, 2010 - 10:56 am

    No I would say that is correct Jeff. I have read a few things where the authors have made out that the you just have to do a Certificate IV in Finance and Mortgage Broking and you can apply for your ACL. If you have registered before the 30 June deadline, although, I think ASIC have extended the deadline, the application is very detailed and you incur a lot of costs to maintain your licence besides the $450 annual fee.

    Cheers Greg

    Profile photo of brierleygbrierleyg
    Participant
    @brierleyg
    Join Date: 2010
    Post Count: 4
    August 7, 2010 - 2:08 am

    Hi Christine

    I am canberra based mortgage broker, Results graduate and active property investor. Contact me on [email protected] if you want to catch up.

    Thanks
    Greg

Viewing 3 posts - 1 through 3 (of 3 total)