Total Members: 159,403

first_timer

  • first_timer replied to the topic first time buyer in the forum Help Needed! 19 years, 7 months ago

    Hey BorgInvestor,
    What is “Low Doc” loan??
    can u please provide me with some websites where I can get to know more about these.
    Thnx in advance,
    Prady

  • first_timer replied to the topic first time buyer in the forum Help Needed! 19 years, 7 months ago

    Hey Guys,
    Thnx for the feedback by all you Great people.
    I think Mortgage Advisor it rite,
    I should better see a mortgage consultant.
    and first save atleast 5% deposit money.
    Actually my case is exactly same as Cojah’s
    I started working 2 months ago as I was student before and ‘cos of decent salary I can save 5% very quickly.

    I work as IT…[Read more]

  • first_timer replied to the topic first time buyer in the forum Help Needed! 19 years, 7 months ago

    Hi Steven,
    Thnx for your reply.
    I am totally new to property stuff and do not have any idea bout this field.
    I am an IT professional and searched and found this forum [cap]

    I have few queries from your post, if U dont mind clearing.

    what is additional 6% finance required for?

    what do u mean by
    “95% finance with LMI capitalized to 97% LVR”

    I…[Read more]

  • first_timer replied to the topic first time buyer in the forum Help Needed! 19 years, 7 months ago

    thnx Aperry, Mortgage Advisor,

    What is the difference in LMI in terms of $$ between 97% and 90%.

    I went to mortgage consultant few days ago, he asked me “how much eager you are to buy home”
    I said, I can wait any number of months to save deposit money, all I am concerned is , saving $$$ in purchasing a house, ‘cos if interest rate charged is…[Read more]

first_timer

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