sorry about that lovely signature,

Regards,

Ivan

0403 044 660

Dear MM,

Responding to your reply last night:
________

It is easy to get a loan for this property if it is zoned residential and the town has 10,000 people. No mortgage insurance will apply if you have a substantial deposit. I would still like to know how much deposit you have before I can tell you which product is available.

I did a low doc,…[Read more]

Perhaps this excerpt taken from an email from my accountant’s mortgage broker will shed some light on the situation:

‘The finance we considered for you had to be under a “lo doc” scenario, as
you did not have two years full personal and company taxation returns. The
major stumbling block was the “mortgage insurer” would not recognise the
town as…[Read more]

Thanks guys,

There is no problem with putting down a decent deposit, it’s the fact that I am self employed and cannot produce the required financials. Am currently speaking with a branch of my bank located in this town, hoping for a more desirable result.

Unfortunately as the banks don’t want to speak to me at this stage, I think my best option…[Read more]