All Topics / Finance / Help a fellow broker pls!
Hi there cowboys (Loan arrangers)…
Hope you are all well – remember me?
Just wondering if any of you know someone who would consider credit impaired owner builder construction loan.
I’m having trouble finding somebody, it’s a tricky one but the servicability is fantastic and full doc, 60% LVR.
Credit impairment is extensive, been to all conformers and a few niche funders without luck. We really need ownerbuilder finance.
Any fingers pointed in the right direction would be appreciated!
Thanks,
Liz
Mortgage Lender
1300 780 826Hi Liz,
Check your private messages,
Hope it helps, Cheers.Regards
Steven
Mortgage BrokerMobile Mortgage Market
Ph: 0402 483 216
[email protected]
http://www.mobilemortgagemarket.com.auPLEASE note comments made should not be taken as specific taxation, financial, legal or investment advice.
Liz
Not sure how extensive credit problems are but there are a few out there. Try someone like La Trobe.
Cheers Richard
Ph: 07 3720 1888
[email protected]
http://www.yourstatefinance.comSpecialising in US & IP finance.
Richard Taylor | Australia's leading private lender
hi Lizzy
Don’t usually do this but pm me and you can have achat with a couple of privatelenders that I know that will look at it rate is usually up in the 9.5 to 10
not sure if it help.
Got a couple of russian guys who will lend on anything at 13%.here to help
Hi Guys,
Thanks so much for your help!
Much appreciated Steve PM received.
This place is so resourceful, I’ll let you know how I get on…
Liz
Mortgage Lender
1300 780 826Gross,
Coupla Ruskies??Does the money come in a black violin case as well ??
13% is not outrageous.
What sorta LVR is acceptable, and is short term ( 12 months) OK as well ?
What sorta security is requirted ( is 2nd mortgage, or ‘caveat’ OK, or does it have to be 1st mortgage?)You could do a lot of damage with a bucket load of 13% money in 12 months…
kp
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