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Viewing 9 posts - 1 through 9 (of 9 total)
  • Profile photo of Ch4rlieCh4rlie
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    @ch4rlie
    Join Date: 2010
    Post Count: 11
    December 10, 2011 - 11:21 am

    Try Suncorp. No application fee, you get 1.03 off the standard variable, so its comes down to 6.55% although there is a $25 p/m fee for this package. Im currently in the process of refinancing to them.

    Profile photo of Ch4rlieCh4rlie
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    @ch4rlie
    Join Date: 2010
    Post Count: 11
    December 10, 2011 - 11:08 am

    i shopped around and found Real Insurance to be the cheapest for my investment property.

    Profile photo of Ch4rlieCh4rlie
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    @ch4rlie
    Join Date: 2010
    Post Count: 11
    November 23, 2011 - 4:28 am
    Qlds007 wrote:
    Really i certainly deal with the larger banks but many smaller lenders also.

    I would touch ubank with a barge pole for lending but i guess you are no me.

    Cheers

    Yours in Finance

    Just got off the phone with Suncorp, they have a package with a discounted variable at 6.55% and their 3 year fixed rate is 5.99.

    Sounds pretty good to me, any thought on Suncorp as a lender?

    Profile photo of Ch4rlieCh4rlie
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    @ch4rlie
    Join Date: 2010
    Post Count: 11
    November 23, 2011 - 3:41 am
    Qlds007 wrote:
    Hi Ch4rlie

    When you say too conservative are you referring to the credit policy of the lending institution.

    If so why waste your time ringing around and trying to get information on policy which most lenders wont give you anyway.
    Why not drop either of the above guys a line and get them to come up with a solution as there is more to lending than the lowest advertisied rate of interest.

    Cheers

    Yours In Finance

    The lending manager i spoke to at loans.com.au was telling me their calculations once he found out im credit consultant myself and was on the same page as him, I know the banks will take me over but was after a better rate. Might try ubank next..
     
    Yeah a mortgage broker might come in handy as they can do most of this work for me, but they mostly deal with the bigger banks, basically i want to see whats the best deal i can get in this market condition.

    Profile photo of Ch4rlieCh4rlie
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    @ch4rlie
    Join Date: 2010
    Post Count: 11
    November 23, 2011 - 12:57 am
    Jamie M wrote:
    Hi there There are larger second tier lenders offering similar rates on the three year fixed. Cheers Jamie

    Thanks Jamie, i'll continue my research. 

    I originally wanted to refinance through loans.com.au but they were too conservative and wouldn't take me on board.

    Profile photo of Ch4rlieCh4rlie
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    @ch4rlie
    Join Date: 2010
    Post Count: 11
    May 26, 2011 - 4:39 am

    I went through Real Insurance for my Landlord Cover i thought it was very competitive

    Profile photo of Ch4rlieCh4rlie
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    @ch4rlie
    Join Date: 2010
    Post Count: 11
    May 26, 2011 - 4:27 am

    Very motivating guys, and Nathan great work mate! Orange seems great to find positive geared property, might try and get into that once i refinance.

    Profile photo of Ch4rlieCh4rlie
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    @ch4rlie
    Join Date: 2010
    Post Count: 11
    June 24, 2010 - 3:04 am

    Thanks heaps for the advice guys :)

    Dont worry i wont rush into things, plus since i work at a bank im always using the loan calulators to calculate different sinarios so i know what i can and cant afford. I guess im really motivated to build a decent property portfolio like some on this site.

    I'll continue researching and surfing this site.

    regards,

    Charlie

    Profile photo of Ch4rlieCh4rlie
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    @ch4rlie
    Join Date: 2010
    Post Count: 11
    June 22, 2010 - 3:09 am

    Forgot to mention by next January my home loan should be around the 260K mark.

    What i calculated is when my loan reduces to about 200K the rent will be able to cover the repayments thats about 3-4 years away.

    I was thinking in the meantime i could hold another property locking in today prices rather then buying something later for a ridiculous price. I know that prices sometimes increase more then what some people are able to save.

    Thanks Shane, i was looking into doing that.

    trustee and PaulDobson,yes i am affraid i might be too commited too early. When i said 450 limit that increase all fees and charges, legal fees and inspections, stamp duty

Viewing 9 posts - 1 through 9 (of 9 total)