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ritab25
ritab25
25 April 2009

bank/deposit question

bank/deposit question

Thanks for the reply and the welcome. Ive just come across this forum and have got some great ideas and info so far. I probably wasn't clear enough in my original…

2
309
ritab25
Apr 25, 2009 7:59 pm
craigandamy
craigandamy
26 April 2009

My woes with nab

My woes with nab

We originally went through NAB and were 2 weeks from settlement when we had a phone call from the bank manager that our loan had been declined due to a policy…

20
646
craigandamy
Apr 26, 2009 6:20 pm
alk
alk
27 April 2009

Time to Fix Mortgage Interest Rate - Yay or Nay ?

Time to Fix Mortgage Interest Rate - Yay or Nay ?

Sorry but I honestly I think you'd be "cuddling cactuses" to fix now... Go here http://westpac.com.au/manage/wrap.nsf/v ... penElement See page 09 - look at Cash rate…

11
776
alk
Apr 27, 2009 8:43 pm
alk
thlo
thlo
28 April 2009

the bank requires original title of land

the bank requires original title of land

Re the discharge question, you can get your title back, WITH the original mortgage document, and the discharge of mortgage document too, then simply…

20
830
thlo
Apr 28, 2009 1:34 am
thlo
Dale
Dale
28 April 2009

Mortgage protection changes announced by Government

Mortgage protection changes announced by Government

Here is another article on the topic: http://www.theage.com.au/national/gover ... =text-only Government moves to punish dodgy lending Date: April 28 2009 Peter Martin…

2
252
Dale
Apr 28, 2009 2:39 pm
Dragonfly
Dragonfly
28 April 2009

What would you do?

What would you do?

I agree that refinancing your home may not be worth it (in interest savings) because of the amount of money (ie. $10,000) you need to raise to…

6
358
Dragonfly
Apr 28, 2009 9:30 pm
Hellman109
Hellman109
29 April 2009

Pre-approval on contract appointment

Pre-approval on contract appointment

Yeah we signed the contract before having pre-approval and just made sure both had subject to finance, and had the builder show us both of these clauses.

2
208
Hellman109
Apr 29, 2009 9:31 am
Annietom
Annietom
30 April 2009

Loan for Vacant Land - LVR? Maximum Terms?

Loan for Vacant Land - LVR? Maximum Terms?

hey zero, I think it depends on the bank. Generally 90% LVR and over whatever term you can afford to repay it within. Annie

1
308
Annietom
Apr 30, 2009 12:00 am
Annietom
Annietom
Annietom
30 April 2009

Credit Card 2.9% pa; homeloan variable 4.9%pa, dilemma!

Credit Card 2.9% pa; homeloan variable 4.9%pa, dilemma!

I did a quick calculation, and by putting it on the card (2.9%) as opposed to home loan (4.9%) you will save a total maximum of $280. Perhaps it is worth it, and check…

4
420
Annietom
Apr 30, 2009 12:07 am
Annietom
Annietom
Annietom
30 April 2009

Loan Approved

Loan Approved

gawd "relief" is the word isn't it! excellent Annie

6
303
Annietom
Apr 30, 2009 9:10 pm
Annietom
SICDEE
SICDEE
1 May 2009

Conditional Approval Construction Loan Time Limits??

Conditional Approval Construction Loan Time Limits??

Thank you for that information. Also we were asking if any one knew if conditional approvals from st george or any other lender for that fact will require land to be…

2
324
SICDEE
May 01, 2009 1:51 pm
yvette72
yvette72
1 May 2009

What happens @ handover-does the bank do another valuation??

What happens @ handover-does the bank do another valuation??

for us the bank just check everthing that was on the contract was in the house of course this could be different from bank to bank

1
277
yvette72
May 01, 2009 6:58 pm
igotnosmoke
igotnosmoke
4 May 2009

finance whilst changing jobs

finance whilst changing jobs

Hi guys, I have had finance approved and am just about to sign a contract with Burbank homes for a single storey house valued at 190k.. but am also looking to go back…

0
202
igotnosmoke
May 04, 2009 2:44 pm
zoe's mama
zoe's mama
7 May 2009

Financing Knockdown Rebuild: not all banks the same

Financing Knockdown Rebuild: not all banks the same

Your tender is the pre-contract list of everything the builder is going to do for you. Some builders go straight to a contract (ours did) whereas…

5
2608
zoe's mama
May 07, 2009 12:00 pm
digamma
digamma
7 May 2009

I think I screwed up on the maths.

I think I screwed up on the maths.

Thanks all for the comments and congratulations. We got he final figure today: 170k for house and $212 342 for house. Base price of the house is $205k and we put in some…

6
489
digamma
May 07, 2009 7:01 pm
digamma
Hellman109
Hellman109
9 May 2009

First Homeowner Grant in Vic

First Homeowner Grant in Vic

He wont nuke it all, Worst case scenario is that he doesnt continue the BOOST, which will put down federal FHOG to $7k. Plus the now larget vic one.

1
406
Hellman109
May 09, 2009 3:13 pm
CiNnY
CiNnY
11 May 2009

post Easter valuations

post Easter valuations
1 ... 4, 5, 6

That sucks PFM... ours came through not a problem... thank god! ALso in regards to everyones LMI our was only 4k and we borrowed 206k for the house. I paid more LMI buying…

115
2105
CiNnY
May 11, 2009 9:05 am
Jochicho
Jochicho
11 May 2009

The tax bonus

The tax bonus
1, 2, 3

Hi D@n, I got my cheque in the mail today, I hope you get yours soon!

41
1113
Jochicho
May 11, 2009 8:54 pm
thlo
thlo
12 May 2009

20% Required for Home Loan

20% Required for Home Loan

I want to avoid having to take out Mortgage Insurance. I currently have 32K in the Bank and 47K in Shares so i technically have 20% for a loan…

3
381
thlo
May 12, 2009 12:35 am
thlo
thlo
thlo
12 May 2009

Line of Credit to Pay Mortgage

Line of Credit to Pay Mortgage

Hi Guys I was just wondering if anyone has tried paying their mortgage off using the "Line of Credit" method. We have been advised to do this…

16
633
thlo
May 12, 2009 4:50 pm
thlo
wonderland
wonderland
13 May 2009

Offset Stamp Duty with FHOG

Offset Stamp Duty with FHOG

I also dont really understand what the question is :? But stamp duty is only payable on land. So if you buy land, then build on it, you are only charged stamp duty on the…

3
263
wonderland
May 13, 2009 12:15 am
wonderland
Helyn
Helyn
14 May 2009

FHOG for deposit.

FHOG for deposit.

Good luck with your housebuild, Green Nooby :D Can you post a plan of the house you are intending to build? Yes, I have heard of Sarah Homes - we had a transportable…

17
1306
Helyn
May 14, 2009 9:30 am
Helyn
ChrisL
ChrisL
16 May 2009

Information required by bank when building

Information required by bank when building

Just ask your builder for a "bank pack". Also ask him when (as in what stage of the building process). Chris

3
251
ChrisL
May 16, 2009 4:19 pm
bill-m
bill-m
17 May 2009

Bridging loan

Bridging loan

Bridging can be risky business. If the old home doesn't sell within anticipated time frames thing will get ugly. Waiting until you sell is the safest option.

5
296
bill-m
May 17, 2009 12:26 am
thlo
thlo
19 May 2009

CHARGE FOR BANK BOND/GUARANTEE?

CHARGE FOR BANK BOND/GUARANTEE?

I am surprised the reason for the Deposit Bond and the associated fee was not explained to you. As kyton said, deposit bond is a surety product. You can expect to pay a…

2
235
thlo
May 19, 2009 6:47 pm
thlo
thlo
thlo
19 May 2009

bloody bank

bloody bank
1, 2

Thanks for pointing out this thread thlo, interesting reading. From my enquiries with Homestart, their construction loan allows 9 months…

22
1396
thlo
May 19, 2009 7:14 pm
thlo
ginz88
ginz88
21 May 2009

No-Deposit Home Loans?

No-Deposit Home Loans?
1, 2, 3

Thanks everyone for the replies and suggestions. Yes, my mum and dad will be living with me and also my girlfriend. Gather all the information you guys/girls gave me, i…

46
1687
ginz88
May 21, 2009 9:41 pm
meldives
meldives
22 May 2009

FTB considering moving back to AUS - advice needed

FTB considering moving back to AUS - advice needed

Speaking of Ireland, I heard Dell is pulling its investment out of Ireland and going to cheaper Poland (until an even cheaper alternative comes…

5
273
meldives
May 22, 2009 5:07 am
btherl
btherl
23 May 2009

FHOG as part of the house deposit

FHOG as part of the house deposit

The victorian government says: "In limited circumstances the Commissioner may approve an extension to the commencement and completion date where the delay was outside the…

3
422
btherl
May 23, 2009 11:42 am
btherl
alinpete
alinpete
23 May 2009

Buying a house from Family

Buying a house from Family

Thanks for all the advice. I think that we shouldnt have too many problems as we will not be paying much under market value (if anything), we are first homebuyers so we…

5
690
alinpete
May 23, 2009 5:22 pm
novotel
novotel
25 May 2009

Land Contract or Building Contract for FHOG dates? or both?

Land Contract or Building Contract for FHOG dates? or both?

sounds good! Thank you. This makes me stress less at least *knock wood*. :z:

3
706
novotel
May 25, 2009 1:21 pm
ChrisL
ChrisL
25 May 2009

What happens at Settlement?

What happens at Settlement?

Bit of an anti-climax. I was anxious/curious over nothing :oops: Bank just confirmed that they'll pay their amount tomorrow and asked me when I like to make the first…

4
431
ChrisL
May 25, 2009 7:49 pm
Helyn
Helyn
26 May 2009

Fixed rate on Construction Loan

Fixed rate on Construction Loan

We had standard variable rate during construction( interest only but optional to pay extra off principal) and no choice to have it fixed - after settlement of house, loan…

7
830
Helyn
May 26, 2009 12:45 pm
Helyn
thlo
thlo
27 May 2009

Want to sell a home that has a portion of loan at fixed rate

Want to sell a home that has a portion of loan at fixed rate

Hi All, I am exploring the idea of selling my current home and moving to a bigger place as I am getting a decent premium for it. The only hitch…

2
198
thlo
May 27, 2009 4:34 pm
thlo
jb_money
jb_money
27 May 2009

Annoyed with Bank...no biggie but it's the principle!

Annoyed with Bank...no biggie but it's the principle!

HSBC here in singapore is a bit like that. We get about 5 mails from them monthly, and it's not like we do much with the account. If we transfer…

4
363
jb_money
May 27, 2009 11:09 pm
Moodyfish
Moodyfish
27 May 2009

Multiple Brokers

Multiple Brokers

ok...thanx for the info :)

2
219
Moodyfish
May 27, 2009 11:10 pm
Moodyfish
thlo
thlo
28 May 2009

Thlo, need your advice on land & building loans

Thlo, need your advice on land & building loans

one lender is requiring proof of genuine savings if you are applying for a purchase loan even if you only need a $50,000…

10
613
thlo
May 28, 2009 12:59 am
thlo
btherl
btherl
28 May 2009

Builders deposit?

Builders deposit?

I paid $1k and my contract is due to be ready tomorrow. This is with a large volume builder. They have done soil test and site survey. I'm also buying land from them,…

10
782
btherl
May 28, 2009 7:43 pm
btherl
shiftyphil
shiftyphil
29 May 2009

Consolidating

Consolidating

Definitely roll them into your home loan if you can - but increase your loan repayments with some of the cash it frees up.

3
225
shiftyphil
May 29, 2009 1:12 pm
sveta
sveta
29 May 2009

can i use home loan to pay off car loan

can i use home loan to pay off car loan

thanx guys..i hadnt thought of that angle. I am soo happy that i found this site about a month ago. it is a must for ppl who are building a house for the first time!!!

3
363
sveta
May 29, 2009 10:07 pm
freebo
freebo
1 June 2009

Rates going up tomorrow

Rates going up tomorrow

This is a very interesting thread, I'm looking at locking in my home loan at the moment and really unsure if the rates will drop or go up but either way it looks like the…

14
589
freebo
Jun 01, 2009 1:39 pm
thlo
thlo
2 June 2009

Home Loan & Interest Rates - to fix or not??

Home Loan & Interest Rates - to fix or not??
1, 2, 3

This is another great thread... riffa you have some excellent points, we are really unsure weather to fix it in or not.. it seems the banks keep…

55
3148
thlo
Jun 02, 2009 4:04 pm
thlo
thlo
thlo
2 June 2009

Home Loan Fees I was never told would be charged :S

Home Loan Fees I was never told would be charged :S

Yes, it sounds like a really nice lender to reimburse standard fees.

8
839
thlo
Jun 02, 2009 4:18 pm
thlo
blacklamb
blacklamb
2 June 2009

Finance questions

Finance questions

I've just bought an apartment off the plan and didn't have 10% either as I am using the FHOG. In my case the vendor agreed to accept a deposit bond for 10% and I paid a…

1
323
blacklamb
Jun 02, 2009 4:29 pm
thlo
thlo
2 June 2009

Deposit Question...

Deposit Question...

Unless of course you are in NSW and a FHB and…

10
670
thlo
Jun 02, 2009 4:32 pm
thlo
thlo
thlo
3 June 2009

Interest Rates CUT 1% Again?- 0.75% Cut in Rates

Interest Rates CUT 1% Again?- 0.75% Cut in Rates
1 ... 8, 9, 10

Well sort of, I've been in and out of hospital this week with my sick son so I haven't been able to keep up with the…

190
8710
thlo
Jun 03, 2009 12:23 am
thlo
btherl
btherl
3 June 2009

Silly Ques? -Can u make mortgage repayments w/ credit card?

Silly Ques? -Can u make mortgage repayments w/ credit card?

Over here in Singapore they have an investment house that lets you purchase unit trusts with credit cards. Strangest thing I've heard of. You can also pay most bills…

6
517
btherl
Jun 03, 2009 1:16 am
btherl
thlo
thlo
10 June 2009

Wizard & GE Home Loan Customers

Wizard & GE Home Loan Customers

Thanks for your reply. That's…

14
1181
thlo
Jun 10, 2009 2:57 pm
thlo


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