All Topics / Finance / Advice on Finance with new job

Viewing 7 posts - 1 through 7 (of 7 total)
  • Profile photo of AlexeiAlexei
    Participant
    @alexei
    Join Date: 2005
    Post Count: 8
    January 28, 2005 - 11:15 am

    Hi everyone,

    Was wondering if it is possible to get finance when we have just started jobs. We have returned from overseas and been working in casual jobs for a month now and decided to put a crazy offer on a great property which was accepted. We put down $1000 for a deposit and I have an IP with 60k equity. The property is $185000. Its not a huge loan and we are both earning over $30k with clean credit rating. Is there anyone that would touch us. Some advice would be greatly appreciated.
    Cheers

    Profile photo of brahmsbrahms
    Participant
    @brahms
    Join Date: 2004
    Post Count: 485
    January 28, 2005 - 1:17 pm

    whoops….is the contract subject to finance?

    cheers

    brahms
    [email protected]
    Brisbane

    Profile photo of Mortgage HunterMortgage Hunter
    Participant
    @mortgage-hunter
    Join Date: 2003
    Post Count: 3,781
    January 28, 2005 - 9:52 pm

    You need to get yourselves onto a good broker as fast as you can.

    Don’t do the running around yourself as you will become frustrated. There is a lender out there for you – let a professional show you the way.

    Your incomeand equity are sufficient and with your equity you may be able to avoid the Mortgage Insurers so I think it is doable.

    All the best to you.

    Simon Macks
    Interest Free Home Loan Agent
    [email protected]
    0425 228 985

    Please email me rather than using the PM service here.

    Fully Accredited With Derivex LTD and IFHL PTY LTD

    ***Ask about our Interest Free Home Loan***

    Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

    Profile photo of AlexeiAlexei
    Participant
    @alexei
    Join Date: 2005
    Post Count: 8
    January 29, 2005 - 3:03 am

    Thanks guys for your replys.

    Yes Brahms it is subject to finance. Can anyone recommend an honest broker that can come through with the goods.

    Cheers

    Profile photo of brahmsbrahms
    Participant
    @brahms
    Join Date: 2004
    Post Count: 485
    January 29, 2005 - 4:23 am

    Alexei – i’m honest, i mean i don’t steal peoples handbags when i do their homeloans, but i’m in qld and you could probably benefit seeing someone face to face (keep an eye on your car keys and wallet though, some brokers may not be as honest as others)

    but seriously, do it quickly as Simon indicated (i nearly typed Simon Says which just wouldn’t be good form)as it may not be the easiest loan application to get approved.

    cheers

    brahms
    CALL NOW…adults only (boys and girls ask mummy or dad first) ~~ 1900 hot broker ~~

    Profile photo of Mortgage HunterMortgage Hunter
    Participant
    @mortgage-hunter
    Join Date: 2003
    Post Count: 3,781
    January 29, 2005 - 4:27 am

    Where are you located?

    Simon Macks
    Interest Free Home Loan Agent
    [email protected]
    0425 228 985

    Please email me rather than using the PM service here.

    Fully Accredited With Derivex LTD and IFHL PTY LTD

    ***Ask about our Interest Free Home Loan***

    Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

    Profile photo of MonopolyMonopoly
    Member
    @monopoly
    Join Date: 2004
    Post Count: 1,612
    January 29, 2005 - 4:53 am
    Where are you located?

    Simon/Brahms,

    According to https://www.propertyinvesting.com/forum/topic.asp?TOPIC_ID=15071 amd Alexei’s profile, I’d have to guess SA.[biggrin]

    Cheers,

    Jo

Viewing 7 posts - 1 through 7 (of 7 total)

You must be logged in to reply to this topic. If you don't have an account, you can register here.