Hybrid Trust Friendly Banks

Viewing 3 posts - 1 through 3 (of 3 total)

cajun
Participant
@cajun
Join Date: 2004
Post Count: 7
July 1, 2004 - 10:27 am
Firstly, let me say that in my short time using this site, I have gained a wealth of knowledge…thanks all who have aided me.
Now, yet another question. Does anyone have knowledge of banks or financial institutions that warm towards hybrid trusts seeking finance? I have come across morganbrooks direct (www.morganbrooks.com.au) that appear to have the product I am after. Any experience with this mob or other suggestions.
Thanks in advance.
Paul[blink]
Mobile Mortgage
Member
@mobile-mortgage
Join Date: 2003
Post Count: 913
July 1, 2004 - 1:25 pm
Paul,
Most lenders don’t have a problem with Trusts, In some cases you may incur an extra $200 (approx) on application fees,
As to lenders and products, there are to many variables such as required loan amount, LVR, M.I, Location, Standard/Low Doc to name just a few, I suggest you talk to a couple of decent Brokers,
Regards
Steven
Mortgage Broker
[email protected]
http://www.mobilemortgagemarket.com.au
Ph:1800 820 500
VICTORIA
PLEASE note comments made should NOT be taken as specific taxation, financial, legal or investment advice. Please seek professional, specific advice.
Terryw
Participant
@terryw
Join Date: 2001
Post Count: 16,213
July 5, 2004 - 1:50 am
I have put a few clients with Hybrids thru BankWest and they had no problems.
Terryw
Discover Home Loans
North Sydney
[email protected]
Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
Email Me
Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au