Forum Replies Created
Apply online, much easier, no waiting in branches etc. Also the online only providers nearly always have better rates.
Dangerous advice – in so many ways.
Rate is not the most important factor – structure is paramount. A poor structure with the lowest rate can end up costing you thousands.
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone MeMortgage Broker assisting clients Australia wide Email: [email protected]
Hi Manley
Welcome aboard.
A trust structure isn’t going to enhance your borrowing capacity.
As Mick said – changing the ownership entity could be quite expensive too.
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone MeMortgage Broker assisting clients Australia wide Email: [email protected]
Hi newgen
Had a few clients in a similar predicament this week – vals with existing lender coming in low.
For a couple of them, we were able to get decent “desktop” valuations with other lenders which we were able to use for a refinance/equity release application.
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone MeMortgage Broker assisting clients Australia wide Email: [email protected]
Look at reducing the asking rent for the front house. Most properties will rent – the price just needs to match the markets demand. If you’ve got a unit in the back, you’ll need to charge less for the front house (in comparison to other houses in the area without the second unit) as it will be less desirable.
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone MeMortgage Broker assisting clients Australia wide Email: [email protected]
That is a cheap personal loan.
What are your longer term plans? Are you looking to purchase more properties?
If your borrowing capacity is on the tighter side, then getting rid of the personal loan may help future serviceability.
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone MeMortgage Broker assisting clients Australia wide Email: [email protected]
Hi youngm
I guess it’s all relative – 144 vacancies in a smallish town is a lot whilst in a larger one it isn’t too bad.
I’d call a couple of PM’s in the area and have a chat about the current situation. Ask them about how many properties they have vacant at present – and if it’s difficult to source tenants at the moment.
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone MeMortgage Broker assisting clients Australia wide Email: [email protected]
Hiya Kathlene
Welcome aboard.
Richard wasn’t trying to intimidate.
It’s just that we get a lot of new businesses popping up with the “call me” approach which goes against forum rules/etiquette.
Back to the OP though. Why are you considering a refi from STG? Just trying to work out whether or not is justified. Is it to source a more competitive product, restructure or you’re just sick of them?
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone MeMortgage Broker assisting clients Australia wide Email: [email protected]
Photographers can work wonders Joe :-)
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone MeMortgage Broker assisting clients Australia wide Email: [email protected]
Hiya
I can’t recommend anyone specifically in West Syd.
Do you need face to face or would you be comfortable with email/phone/skype?
Why are you considering the refi?
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone MeMortgage Broker assisting clients Australia wide Email: [email protected]
Thanks Colin, I have just sent you a private message regarding my current situation.
Hi
Looks like you accidentally sent it to me.
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone MeMortgage Broker assisting clients Australia wide Email: [email protected]
Yep agree with AMP and the OP.
Good to know that AMPs DUA is still in tact though. Their DUA coupled with no credit scoring makes them a decent option for certain tricky deals.
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone MeMortgage Broker assisting clients Australia wide Email: [email protected]
Hey Shahin
I thought AMP had a DUA with Genworth up to 90%?
That was the case a year or so ago – you could put up sub 90% deals and most of them would get signed off in house and not referred to LMI.
Has this changed? I hope not :-(
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone MeMortgage Broker assisting clients Australia wide Email: [email protected]
Get onto the paid version of the credit file (if finances allow) – better to get on top of this now rather than later.
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone MeMortgage Broker assisting clients Australia wide Email: [email protected]
Awesome – thanks Steve :-)
Just changed the sig and clicked on my URL and it redirected me to http://www.passgo.com.au
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone MeMortgage Broker assisting clients Australia wide Email: [email protected]
Hey guys
Are we losing signatures?
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone MeMortgage Broker assisting clients Australia wide Email: [email protected]
Noticed Jamie M worked out how to hyperlink but he is from Canberra :)
We learn how to google at a young age :-)
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone MeMortgage Broker assisting clients Australia wide Email: [email protected]
I’ve gone green – it’s all about the pushbike these days. Even my little one gets carted around in it if we’re not going to far.
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone MeMortgage Broker assisting clients Australia wide Email: [email protected]
I am finding CBA are pricing competitively if asked.
Agreed.
Just had a couple of 1% discounts provided on loan amounts that don’t normally get those sort of discounts.
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone MeMortgage Broker assisting clients Australia wide Email: [email protected]
Hi Eric
There’s no need to limit yourself to the one lender because of your expat status – quite a few banks will lend to expats.
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone MeMortgage Broker assisting clients Australia wide Email: [email protected]
Looks awesome Joe. Wish I could get away with paying $20k on that sort of reno. Just had half the amount of work done on my place and it cost three times as much :-(
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone MeMortgage Broker assisting clients Australia wide Email: [email protected]
