AU 
Australian First Mortgage - AdvantedgeMy first thought is how many Brokers does one need to get a loan ?
You have one and I can't see where on earth these AFM people fit in unless they are a lender competing… jj1 replied 4 November 2013 ago Williams Landing BuyingHi
Check this out from RP Data. Also don't forget to download (FREE) full list
of all the suburbs around Australia which talks about how each suburb has
performed in the… maf007 replied 29 October 2013 ago RachiOct 12, 2013 12:01 am Loan for things outside builders contract
Hi all,
Not sure if anyone is still looking for information on this but we have recently met with our current bank, ANZ, and we have been told that when building a new… MrsG replied 26 September 2013 ago MrsGSep 26, 2013 11:58 am snuckSep 25, 2013 3:24 pm Resolve Finance
I know what you mean _chylatte_. We went into it with $3000 but then it turned into $6500 just in the first 2 months. By settlement we would have paid $13000 (not… pooks83 replied 15 September 2013 ago refinancing and valuationsIf you had less than 20% deposit did you pay LMI? Will you be borrowing more than 80% of the purchase +5% (ie value) with the new bank? Is the… hachy replied 5 September 2013 ago hachySep 05, 2013 11:25 pm NEED HELP!!Hi Joh,
It seems that your lender is limited to a LVR + LMI cap of 97%, hence why they are adjusting the figures to make your base loan less than a normal 95%… plc replied 29 August 2013 ago What are the chances... Land Loan Equity???Interesting JB, think I'll scrape together another $5k then purchase a block.
This way i can get the ball rolling, throw a deposit at the builders, choose a plan & site… joh040 replied 28 August 2013 ago signing a contract of saleBuilding envelope is just the permitted portion of the block on which you can build. This will be a combination of council and/or estate restrictions.
Usually there are… Family guarantee - overseas propertyHey Jeremy,
You could try seeing if a family member in NZ can get a loan on one of their properties and then lend this to you as a deposit. This is not an ideal option… FhogYeah a lot of banks have problems with their processes for the first drawdown, particularly when they are also processing a FHOG.
You need to stay on top of them and… Rate questionHi jb_money
That was a great post, worth more than 2 cents, really benefited me. Thanks! estimatingThe TAFE copy is always a bit out of date!
Will check with Hanna, maybe negotiate a 1 year licence 
From 3rd party comments, standard pricing would be out of reach.
I do… tezzab replied 9 July 2013 ago Loans.com.au reviews ?Call into your bank and express your concerns about the rate you are on,
comparing theirs that they are giving you,
to the one you are seriously considerring moving… Construction loanIf you know you are definitely going to upgrade something, just get everything costed and put into your contract now. We knew we wanted full length windows, stone… navs replied 2 July 2013 ago What happens to "left over" money on loanwe have the exact scenario as you...we finally got an answer that we would have to provide the invoice to the bank and draw from the loan just like a progress payment for… Westpac Discount %?The other thing you might want to take note of is that the Westpac standard variable rate is the highest of the majors by at least 0.1% from the others. So a 1% discount… plc replied 30 June 2013 ago What to look out for in mortgage documents?Hi Pooks83
Look for the following
1. Early Payout Costs/refinance costs - Most banks have removed these now. For example if you take out a annual package fee (which… Stig replied 29 June 2013 ago StigJun 30, 2013 12:43 am When does the deposit become due ?Depending on what your deposit is and LVR, you might have to fork out at both stages.
When you buy land, you will need a deposit when buying that and then a loan for the… plc replied 17 June 2013 ago Who is your land loan with and why?We went with ANZ. Having not been in Oz long (7 months) we thought it was going to be difficult getting a mortgage. I think it was made much easier because we'd banked… How long for finance approval?I think it depends on a lot of things, we didn't think it would take long to get approval for the construction of our home (we already had the land). However
-we have a… Agape replied 10 June 2013 ago AgapeJun 10, 2013 1:11 pm Loans for kit or flat pack homesWe're planning on buying land and putting a flat pack home on it (hiring a builder to install it) but what I'm reading about financing for this type of thing is making me… Views: Fixed Loan Vs Variable ?
Heres my 2 cents on fixed vs variable
Fixed Rates
Good Bits - Your interest rates are fixed in (and if rates go up … who cares) and the monthly repayments remain the… Stig replied 28 May 2013 ago StigMay 29, 2013 12:27 am Commercial loan and line feesI don't think that you would get a blended loan for a warehouse as the loan is for a warehouse not residential. The collateral could be a mix of several items.
Stig is… Can anyone help a FHO pleaseHey Aaron_C,
Many banks now will not have the genuine savings criteria when it comes to builds. The flavour of the year is "low deposit homeloans" which is the reason my… Build Finance WAHi, has anyone gone through Build Finance in WA for their homeloan? Really keen to hear from anyone who has!
Sarah jcbissor started a topic 20 May 2013 ago Seperate loans for land and construction?We are building our house with 2 x loans, a separate one for the land and a construction one for the house. This is because we originally bought the land with a house on… Using home loan for furnishingsOur mortgage broker said if we had specific items and quotations eg - spa, paving, fencing and gave them to her now we could get them paid out directly by the bank to… navs replied 15 May 2013 ago Unconditional loan on unregistered landI'm not familiar with RAMS policy but most likely their thinking is that as the land isn't expected to title until at least 3 months away, any valuation done now will… plc replied 6 May 2013 ago
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