Curious as to how people choose their lender / broker
Can be very tricky-as with all the information available-it is always the case it can be misconstrued or straight out false if not applicable to an individuals…
IntellichoiceOwner Builder Loans Australia by Intellichoice
Are planning to build your dream home and enthusiastic to apply your passion for building something to be proud of. Thinking that getting a licensed builder is too much…
algernonUnderstanding mortgage broker calculations?
On the figures provided there, the net proceeds of borrowing (i,e. what goes towards paying for the house) is $296K. On top of that, there's an 'extra' $7.7K added on to…
becjarrettdaltonFiguring out what size mortgage we can finance
You can mitigate some of the risk by considering a fixed rate - and in terms of affordability if the bank has already passed you through their calculators the next and…
rakshu_n_ranchLand evaluation in Highbrook Precint, Gateway Estate
20 November 2017
Hi, I picked up a stage 15 lot at this estate. What has the bank evaluation been on lots around this estate? Has there been huge shortfalls or has the land value…
dream2017Is booking a land and on-sale later a good strategy?
12 November 2017
Hi Sorry, was out of touch a bit and late in response. Yeah you are right. It would be a bit of gambling on the return, I agree. Thanks for the input. It helped.
becjarrettdaltonConstruction Loan for off-grid house
12 October 2017
So the technical response is 2wd access... up to the valuer to determine that. Again, if the sewer system is in the contract and meets code it should be fine - that in…
plcFinance - External Broker vs. In-house Broker?
24 July 2017
Yep msalmank, have to agree with Bec. Go with whoever you feel comfortable with. Having everything done in house might seem easier, however you need to realise that there…
wongbruceFinancing additional items after handover...
12 July 2017
Usually once the house is built so long as the value of the property has increased you should be able to top up your loan. Ensure you don't exceed the 80% lending ratio or…
plcTime Frame of when to apply for construction loan?
10 July 2017
There are some lenders that will allow you to construct your property and drawdown a loan up to a year after land settlement. So if you have all the drawings, contracts,…
preeethHome loan interest rate bottomed out in Australia?
7 June 2017
Thanks Tej, Tom and Bec...your inputs have created good awareness on fixing rate, with this I will be able to assess my situation and make wise decision on interest rates 😄
becjarrettdaltonHouse and Land Package Finance - Nervous First Home Buyers
5 June 2017
HI Caydenn, I haven't run the numbers on affordability as thats a much bigger conversation. Your broker has the full story so I would trust them. As mentioned above, the…