shapeBuilding loans, does my bank know what it's doing?
5 February 2013
The loans should be separate- Land loan settles first than the build loan later on...unless the bank officer/broker structured the loan as a package and submitted both…
Room2BreatheUnsure of loan reqs & other. Help please?
29 January 2013
oh spoke to them, its only a small bank & she remembered us (which is good! lol) She said it should all be fine to do it that way, provided we DO pay off the debts etc, &…
shapeGetting a home loan with lousy credit history
12 January 2013
Suncorp, ING, Citibank etc...there's a lot. To be honest no point listing them all as you need to find one that FITS your situation rather then " apply and hope for the…
plcconstruction loan for renovations - the initial valuation
4 January 2013
Definitely construction loan then. Just need to be aware that because the extension will cost about 300K doesn't mean that it will add $300K to the valuation, the value…
plcTax deductible if building an investment property to sell?
25 November 2012
Same as the rental answer. Need to prove to the ATO in case you get audited that the intention was to rent the place before you decided to sell it. The property history as…
leisadenthelp! condition of property holding back loan approval
17 November 2012
I got the unconditional approval anyway! The LMI people were satisfied that I have extra savings to cover essential repairs. I'm going ahead with the building inspection…
shapeAnyone self-employed and had trouble getting a home loan?
5 October 2012
What I'm worried about is that the brokers use the system generated ways to tell you if you can borrow a certain amount or not, but like…
gonecountryCurrent St George Loan Process Time - A JOKE!
2 October 2012
Just heard on Friday we received unconditional approval from Westpac! Can't believe what took St George 3 MONTHS took Westpac 9 days!! Sweet sweet relief
macmazCan we pay Holding Deposit through Credit Card?
6 September 2012
Thanks for your replies guys. I have read else where bank doesn't really care how much balance you'd have on your credit cards. It will only check your limits. And…
KonradQuestions on construction valuation and stockland contracts
26 August 2012
Hi all, Been reading through alot of the valuable info available on this forum but thought i'd sign up so I could ask a couple of questions specific to my current…
Caz76Bank evaluation problems? Anyone has been under-evaluated?
19 August 2012
Yeah I had trouble with BW who had the valuation done and it came back at 2k less than what I am paying for the house and there was a comment by the valuer that land…
Ian BlackQuotes required for mortgage on a new build?
17 August 2012
Most banks will want more than just a tender price as it doesn't provide a fixed price nor does it provide the progress payment schedule that the banks must ensure is…
plcWe're Building.. Do we sell our first home or rent it out???
31 July 2012
Thanks heaps for the input guys, much appreciated. I never considered an "interest Only Loan" that would be appealing as it would bring the…