Hi Noxford,
Also keep in mind, the term of the loan has no bearing when calculating interest only repayments, cheers.

Regards
Steven
Mortgage Broker
Mobile Mortgage Market

info@mobilemortgagemarket.com.au
http://www.mobilemortgagemarket.com.au
Ph:0402483216
Ph:1800 820 500
VICTORIA

PLEASE note comments made should not be taken as specific taxation,…[Read more]

Time fly’s when you’re having fun,
Tomorrow (Australia Day) My Darling Wife and I will be celebrating our 20th Wedding anniversary,

Three beautiful children and 20 glorious years later we are still very much in love as the day we were married,
The recipe to our long and happy marriage is respect, love and communication, and most important…[Read more]

Stamp duty & land transfer registration alone on a $400K purchase in VIC is approx. $21K,
106% LVR finance is available but be warned the rates are very high.

I agre with Oakley Regarding the St George 100% no deposit product, you will struggle with the closing costs not to mention the LEF fee.

If you are entitled to the FHOG you may want to…[Read more]

Hi Damon,
Ask them to match the St George Professional Benefits Package discount rate of 6.37%. Cheers.

Regards
Steven
Mortgage Broker
Mobile Mortgage Market

info@mobilemortgagemarket.com.au
http://www.mobilemortgagemarket.com.au
Ph:0402483216
Ph:1800 820 500
VICTORIA

PLEASE note comments made should not be taken as specific taxation, financial, legal…[Read more]

Hi Andrew,
The loans are in NZD. Cheers.

Regards
Steven
Mortgage Broker
Mobile Mortgage Market

info@mobilemortgagemarket.com.au
http://www.mobilemortgagemarket.com.au
Ph:0402483216
Ph:1800 820 500
VICTORIA

PLEASE note comments made should not be taken as specific taxation, financial, legal or investment advice.

Hi Dani & welcome to the forum,
If both names are to be on the Title then both names will be required on the loan application,
This should not be a problem providing one of you can service the loan, Cheers.

Regards
Steven
Mortgage Broker
Mobile Mortgage Market

info@mobilemortgagemarket.com.au
http://www.mobilemortgagemarket.com.au
Ph:0402483216
Ph:1800…[Read more]

Hi Jill & welcome to the forum,
Yes your exit fees & costs etc can be deducted from the surplus funds by the new lender when you refinance, and the new lender will carry out the valuation.

Regarding finance structure,
I would suggest you keep your loans on the Two properties separate as this will help avoid cross colaterisation issues later on…[Read more]

Hi Andrew,
SVR = Standard Variable Rate

Regards
Steven

Mortgage Broker
Mobile Mortgage Market

info@mobilemortgagemarket.com.au
http://www.mobilemortgagemarket.com.au
Ph:0402483216
Ph:1800 820 500
VICTORIA

PLEASE note comments made should not be taken as specific taxation, financial, legal or investment advice.

Hi Ivan,
I think you may have me confused with Rob, The Mortgage Adviser.
Here is his e-mail address. info@mortgagepackaging.com.au
cheers.

Regards
Steven
Mortgage Broker
Mobile Mortgage Market

info@mobilemortgagemarket.com.au
http://www.mobilemortgagemarket.com.au
Ph:0402483216
Ph:1800 820 500
VICTORIA

PLEASE note comments made should not be taken…[Read more]

The ANZ fixed rates are ok, but their SVR currently at 8.75% is not competitive when compared to other lenders.

Regards
Steven
Mortgage Broker
Mobile Mortgage Market

info@mobilemortgagemarket.com.au
http://www.mobilemortgagemarket.com.au
Ph:0402483216
Ph:1800 820 500
VICTORIA

PLEASE note comments made should not be taken as specific taxation,…[Read more]

Hi Nick,
Unfortunately the answer is no,
If the $45.000 is for personal use you can only claim the interest on the original investment loan of $450.000

If the $45.000 is for investment purpose then you can claim the interest component on the full loan amount of $495.000

Regards
Steven
Mortgage Broker
Mobile Mortgage…[Read more]

Hi Andrew,
You can arrange NZ finance from Australia,
Myself and other Mortgage Brokers in Australia have access to these NZ products,
The LVR will vary between 80% & 90% depending on lender & rates.

Regards
Steven
Mortgage Broker
Mobile Mortgage Market

info@mobilemortgagemarket.com.au
http://www.mobilemortgagemarket.com.au
Ph:0402483216
Ph:1800 820…[Read more]

Hi Peter,
Have a look in the Finance forum, You will find plenty of info & discussion there.

Regards
Steven
Mortgage Broker
Mobile Mortgage Market

info@mobilemortgagemarket.com.au
http://www.mobilemortgagemarket.com.au
Ph:0402483216
Ph:1800 820 500
VICTORIA

PLEASE note comments made should not be taken as specific taxation, financial, legal or…[Read more]

Kerri, He does need a Low Doc Loan, Ivan is self-employed with no financials.

Ivan, If you do not have the required financials then you are in need of Low Documentation Finance.

Regards
Steven
Mortgage Broker
Mobile Mortgage Market

info@mobilemortgagemarket.com.au
http://www.mobilemortgagemarket.com.au
Ph:0402483216
Ph:1800 820 500
VICTORIA

PLEASE…[Read more]

Also, With 50% deposit you may not need LMI.

Regards
Steven
Mortgage Broker
Mobile Mortgage Market

info@mobilemortgagemarket.com.au
http://www.mobilemortgagemarket.com.au
Ph:0402483216
Ph:1800 820 500
VICTORIA

PLEASE note comments made should not be taken as specific taxation, financial, legal or investment advice.

Hi Ivan, and welcome to the forum,
Is this a Low Doc lend? If so it seems the post code is probably out side LMI policy,
If you e-mail me the details, post code, type of finance etc I will see what I can do,
The other option would be to purchase unencumbered from existing equity.

Regards
Steven
Mortgage Broker
Mobile Mortgage…[Read more]

Thanks Terry, that is indeed what I was referring to. Cheers.

Regards
Steven
Mortgage Broker
Mobile Mortgage Market

info@mobilemortgagemarket.com.au
http://www.mobilemortgagemarket.com.au
Ph:0402483216
Ph:1800 820 500
VICTORIA

PLEASE note comments made should not be taken as specific taxation, financial, legal or investment advice.

“Snap”

Regards
Steven
Mortgage Broker
Mobile Mortgage Market

info@mobilemortgagemarket.com.au
http://www.mobilemortgagemarket.com.au
Ph:0402483216
Ph:1800 820 500
VICTORIA

PLEASE note comments made should not be taken as specific taxation, financial, legal or investment advice.

Hi Martine,
The break costs will vary depending on the term of the fixed period and the fixed rate,
The only way to get an exact figure is to call your credit provider and ask for a payout figure, keep in mind this figure will vary from one day to the next. I hope this helps.

Regards
Steven
Mortgage Broker
Mobile Mortgage…[Read more]

Hi KellyJo
If you don’t have the required 2 years figures, why don’t you investigate the possibilities of low documentation finance?

Regards
Steven
Mortgage Broker
Mobile Mortgage Market

info@mobilemortgagemarket.com.au
http://www.mobilemortgagemarket.com.au
Ph:0402483216
Ph:1800 820 500
VICTORIA

PLEASE note comments made should not be taken as…[Read more]