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I would be the only applicant I understand it may be a higher rate but that’s something I can live with!
Thanks for the feedback,
As stated i have been in business for approx 4 years, with only last years tax return showing a profit of approx 45K, i purchased a car worth 3K so 42K showing. I now have a contract with a client that states i will receive a minimum of $60K per year with no end date (from this client only) I will receive funds from other clients I have on top of this and genuine savings now of $8500 saved over the past 14 weeks at $500 per week. I have been paying rent of $200 per week for the past 3 years. I have 3 utility blemishes on my credit report (from a previous relationship) totaling $2K dated back from 2011 which have been paid in full and updated as paid on the file, these will be cleared by 01/16.
I am trying to obtain a loan of $330,000 for a new house purchase, total house & land price is $360,000. I am legible for the FHOG of 10K in Victoria. I would be grateful for any feedback on whether its worth pursuing, and if i have any chance at all of obtaining the finance, and even of a broker / lender who would look at this with a positive outcome.
Thanks