All Topics / Help Needed! / Has taken 10k from super affected me

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  • zanesmith
    Participant
    @zanesmith
    Join Date: 2020
    Post Count: 0
    July 27, 2020 - 9:41 pm

    HI All

    So yes i took out 10k out of my super in may now b4 i did this i was with host plus i cashed the balenced shares in march waited for the drop then bought a few extra stocks BOOM  a bwtter return then in the former years in just 2 months.

    So i accessed $10k that was still in cash now my brocker is saying it could throw a black flag when attempting finance.

    So what do i do now i have got money down on land and builder deposit.

    Help if you know the right yes guy

     

    Zane Smith

    Wa

    Mandurah

    Profile photo of Richard TaylorRichard Taylor
    Participant
    @qlds007
    Join Date: 2003
    Post Count: 12,024
    July 28, 2020 - 9:21 am

    Hi Zane

    It will depend whether you need to utilise the 10K from Super to complete your home purchase.

    If you have separate savings to demonstrate that this is not required i believed it can be done.

    Cheers

     

     

    Yours in Finance

    Richard Taylor | Australia's leading private lender

Viewing 2 posts - 1 through 2 (of 2 total)

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