Total Members: 159,225

The Mortgage Master

  • The Mortgage Master replied to the topic IP Loan for a Company with Personal Guarantors in the forum No Subject 20 years, 6 months ago

    Rob

    Thanks for the reply.

    One of my hobby is cooking, would you like to come over for dinner one night? (I promise to dress up!)[jerry]

    Tom Murphy
    Mortgage Adviser
    If I can’t do your loan, Rob can.

  • The Mortgage Master replied to the topic IP Loan for a Company with Personal Guarantors in the forum Finance 20 years, 6 months ago

    Rob

    As a fellow mortgage advisor, could you point me in the right direction on a few things.[specs]

    Are you saying that you can get a 100% loan for a company wihtout additional security? I am aware of the 100% loans out there, but all these must be for personal names not companies. Could you please let me know who it is (via PM) so I can add…[Read more]

  • The Mortgage Master replied to the topic Trust account in the forum General Property 20 years, 6 months ago

    MarkyMarky

    Why not use you own personal account – unless you use a company trustee.

    Tom Murphy
    Mortgage Adviser
    If I can’t do your loan no one can.

  • The Mortgage Master replied to the topic Straight answer from mortgage broker! *frustrating in the forum Finance 20 years, 6 months ago

    It is interesting to see all the comments from the various brokers out there squabbling!

    ps. I once got a client a loan in 2 hrs 59 min[specool]

    Tom Murphy
    Mortgage Adviser
    If I can’t do your loan no one can.

  • The Mortgage Master replied to the topic Extra fees for loans to hybrid trusts in the forum Finance 20 years, 6 months ago

    Robert

    Are you aware of the situation with Hybrid trusts, or trusts generally? Any trustee can have the loan in their individual name. With hybrids the person is borrowing to buy the units in the trust, so the loan must be in their name not the trust name. This is to enable the borrower to claim the interest from their personal income.

    Muma,…[Read more]

The Mortgage Master

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