With the low doc loan it is not required if you are able to supply two years worth of tax returns, which would mean you are eligible for full doc rates. If you want to use your mums property as an extra security it would be fine, but your fees would be higher.

Depending on location is the LVR that the borrower will offer and this applies with no…[Read more]

With most lenders they will request that when you get finance that prior to settlement that the property be taken under seperate titles on the four units. As it exceeds the 3 units maximum where I work it is classed as a unit development site and requires a different avenue to lending. If you want I can get some further information for you as I…[Read more]