All Topics / The Treasure Chest / new to investing
hello every one
a couple of questions for those more experienced than i
1)where is the best place to look for properties i.e. initial research areas or web addresses etc2)finance i am self employed andd have been for eight months but have also had my A>B>N> for three years but most loc doc loans seem to have extremely high interest rates
hope you can give me some advice
cheers mark
Howdy !
Re a) keep looking
Re b) there are several low doc products for people with and without ABN no’s for around 6.8% reducing to the current basic variable of around 6% over 3 years, with or without bells and whistles.
I think it pays to see a broker to get an overview of your options – there are several on the forum including me in Brisbane so you’ll have no probs getting good advice.
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Mel
[email protected]Hi Discus
yep got to agree go and see a broker. it doesnt cost anything and they are there to get the best deal for you they get paid for finding a loan for you so they are not like a bank with little catch clauses to elimante you. make an appointment and sit and talk with them and its agood idea to take a note pad a pen because your head will be swimming when you get out of there to get yourself started try sites like this http://www.mortgagehouse.com.au/index.asp and if you get a person that you dont like go to another
place it doesnt cost you and when you meet a loan advisor that you get on with talk a lot find a common interest if you get on well with them remember that in the future you will be able to phone up and get things moving fast because of the raport that you have. its a people business get to know people. I hope that this helpsSuncorp Metway and St George have lower priced LODOCs.
But most good ones reduce to normal variable rates after two years.
Cheers,
Simon Macks
Mortgage Hunter
[email protected]
0425 228 985
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