jb_moneyDoes a decrease in wage effect anything now?
25 October 2009
If the loan has been advanced already then this is no problem. If the loan has not yet been advanced (construction drawdowns don't count) then it may be a problem…
Trent DavidsonLoan for Reno - is this normal ?
26 October 2009
For cosmetic renovations that is the case JB. But if you are doing structural renovations and that 80% is based on the existing valuation or the valuation 'prior' to the…
HelynRead the fine print before signing home loan contracts
1 November 2009
Our credit union does not charge any deferred establishment fee or early penalty of any sort for paying loan out early.
Trent DavidsonBuilder requesting info from our Bank
9 December 2009
Hello, Depending on who you are building through they may have a deposit system for first home buyers that involves instead of you paying the deposit. The builders will…
Trent Davidsonland loan, do we need formal approval now or later?
9 December 2009
Hello, The most a lending institution would likely want to do at this stage is a conditional approval anyway. Depending on the stage of the development you are building…
Trent DavidsonIn a fix --- Tender and loan amount !
10 December 2009
Rupz. Your broker or Lender needs to frame it the right way. If need be submit it to credit to include the extra quotes and then have the valuer value the property land…
saoyeCBA Valuation 65k below the house price in new suburb
11 December 2009
hi tpin70, Any progress? Photos?
jb_moneyAre valuations the last step on a loan application??
18 December 2009
Yes this varies depending on the lender: CBA / Colonial: At present around 2 - 3 working days. Normally the loan doesn't have to go back to credit unless there is a…
wonderlandWhen do you pay your 20% of the building loan
29 December 2009
Thanks everyone for your replies. I got an answer from my broker and have been told that i have actually paid for the 20% before the construction of the house started. The…
The BrainNeed some help in finding out how much funds needed...
9 January 2010
Something else about the stamp duty too. As mentioned previously I too highly recommend that you pay it up front and not include it in your mortgage if you can help it.…
RichoLoan for HOuse & Land with title on land not due till 2010
13 January 2010
Been a while, but I thought that I should update my story on here, as it may be helpful for others. House was kept close to budget, but provisional site cost pushed it up…
questorLet me tell you about a funny FHOG story vs the bank
27 January 2010
No wonder lots of people are opting for private loaning companies. Tsk tsk.