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Viewing 11 posts - 1 through 11 (of 11 total)
  • Profile photo of clare kclare k
    Participant
    @clare-k
    Join Date: 2003
    Post Count: 11
    October 7, 2004 - 3:34 pm

    Less than 3 months is sometimes acceptable particularly when you have started a new job in similar industry (ie a career move). A letter from the employer would be required stating that there is no probation period. Could also depend on the strength of the deal (how strong the servicability is etc)

    Find a good broker who can put your deal up with the best chance of being approved.

    Cheers
    Clare
    [email protected]

    Profile photo of clare kclare k
    Participant
    @clare-k
    Join Date: 2003
    Post Count: 11
    October 7, 2004 - 3:25 pm

    Hello everyone,

    If you are buying a property that you will get the FHOG for, you would be purchasing as an owner occupied loan and so would not be able to claim the interest on your loan. That is my understanding.
    Also can do up to 95% dependant on what you determine the additional funds are for. LMI applies.

    Cheers
    Clare
    [email protected]
    0409 413 758

    Profile photo of clare kclare k
    Participant
    @clare-k
    Join Date: 2003
    Post Count: 11
    October 5, 2004 - 2:35 am

    I have heard that Docklands is great as far as locallity goes if you were going to live in it yourself. Everything on your doorstep so to speak, however my experience has shown me that is is difficult to get finance for these areas.

    Cheers
    Clare
    [email protected]

    Profile photo of clare kclare k
    Participant
    @clare-k
    Join Date: 2003
    Post Count: 11
    October 4, 2004 - 11:58 pm

    I agree with Stuart. Best thing to do is work out some way of paying with the NAB. Last thing you want is to have a mark against your credit rating after fighting a battle you are unlikely to win!

    Cheers
    Clare
    [email protected]

    Profile photo of clare kclare k
    Participant
    @clare-k
    Join Date: 2003
    Post Count: 11
    October 4, 2004 - 4:58 am

    Hi there,

    Felicity is right. It is against the law to take on a loan whilst you are a bankrupt. Need to wait until it is discharged.

    Clare
    [email protected]

    Profile photo of clare kclare k
    Participant
    @clare-k
    Join Date: 2003
    Post Count: 11
    October 3, 2004 - 1:58 pm

    Thanks for that….you learn something new every day!!

    Cheers Clare
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    Profile photo of clare kclare k
    Participant
    @clare-k
    Join Date: 2003
    Post Count: 11
    October 3, 2004 - 5:09 am

    Being new to all this……what is a troll??[confused2]

    Profile photo of clare kclare k
    Participant
    @clare-k
    Join Date: 2003
    Post Count: 11
    October 3, 2004 - 5:00 am

    My intention had been to work in real estate however my current job as a mortgage broker fell into my lap and I haven’t looked back since. Lots of hard work but I think considerably more flexibility. May be something for you to consider!

    Cheers
    Clare
    [email protected]

    Profile photo of clare kclare k
    Participant
    @clare-k
    Join Date: 2003
    Post Count: 11
    October 3, 2004 - 4:52 am

    OMG!!

    My head is spinning….this has been an education. Now maybe I will understand more of my daughters sms messages!!

    Clare
    [email protected]

    Profile photo of clare kclare k
    Participant
    @clare-k
    Join Date: 2003
    Post Count: 11
    October 2, 2004 - 10:39 am

    Hi Antoinette,

    I am new to all this too and am finding thois site fantastic as I make my way around it.
    I read the book 0-130 last year and it has taken me this long to position myself ready to take the plunge. Like you I am so excited….can’t wait to get started!!!

    Good luck to you.
    Clare
    [email protected]

    Profile photo of clare kclare k
    Participant
    @clare-k
    Join Date: 2003
    Post Count: 11
    October 2, 2004 - 9:53 am

    Hi Investron,

    I am a mortgage broker for Wizard Home Loans. We hear this type of thing all the time from people who are unhappy with their existing banks and the previous comments are accurate….it seems to happen in cycles!! I think also that because the staff are generally paid a salary, they often don’t care what happens after they have your business. I can tell you that our business writers are only paid commission and so if they don’t win your business they don’t eat. We also need to keep your business as branch owners so that we can eat too so we make sure we take care of our existing clients.

    This is my first message….hope i did it right!!

    Cheers

Viewing 11 posts - 1 through 11 (of 11 total)