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15
816
thlo
Feb 06, 2009 6:34 pm
thlo
thlo
thlo
8 February 2009

Is RBA going to cut rates again in February?

Is RBA going to cut rates again in February?
1, 2, 3, 4

I'm going to have to ask Andy to be the first to vote in every poll. By Special Invitation!

70
2898
thlo
Feb 08, 2009 12:02 pm
thlo
jb_money
jb_money
9 February 2009

Broker **

Broker **

You should check on the MFAA consumer website (essentials of borrrowing) or the FBAA website to see if he is listed as…

15
838
jb_money
Feb 09, 2009 8:14 am
jb_money
jb_money
9 February 2009

Why does the mortgage calc give a different repayment amount

Why does the mortgage calc give a different repayment amount

I think this is normal - our credit union does it too - they don't call it a review but the onus is on the customer to change their payments if…

5
436
jb_money
Feb 09, 2009 8:16 am
Hellman109
Hellman109
10 February 2009

Total out of pocket money needed

Total out of pocket money needed

I also see they just got in trouble for copying another builders design aswell... Although what they sell now doesnt take from those ideas anymore. A search brought…

9
703
Hellman109
Feb 10, 2009 5:24 pm
thlo
thlo
11 February 2009

Anyone used a deposit bond?

Anyone used a deposit bond?

Was then called today advising that they need another 9-10 days to get the bond as they need the purchaser of their property to go unconditional…

15
1161
thlo
Feb 11, 2009 1:49 am
thlo
jb_money
jb_money
11 February 2009

Deposit bond problems

Deposit bond problems

Yes if you are using a "quick" pre-approval then this means nothing. NAB and CBA will both give you an on the spot pre-approval however it is subject to them checking…

4
1236
jb_money
Feb 11, 2009 3:50 pm
thlo
thlo
14 February 2009

Finance delayed on a sale - is this common?

Finance delayed on a sale - is this common?

We went unconditional yesterday. Woohoo! JB That's what I'm…

19
899
thlo
Feb 14, 2009 4:38 pm
thlo
stevep79
stevep79
17 February 2009

First Home Owners Grant Timing

First Home Owners Grant Timing

I remembered I deal with some mortgage brokers at work so Ill ask them when I next can, atleast they will have more unbiased information. I…

3
482
stevep79
Feb 17, 2009 11:40 am
stevep79
thlo
thlo
18 February 2009

Mortgage Registration Fee Question

Mortgage Registration Fee Question

Thlo, Thanks so much for the info. I was sure there would be an explanation, I just couldn't seem to find what I was looking for by…

8
1028
thlo
Feb 18, 2009 1:55 pm
thlo
thlo
thlo
20 February 2009

Construction loan

Construction loan

and by own you mean you have 100% paid for it out of your own pocket and have no loan for it? if so, yeah it's very…

7
400
thlo
Feb 20, 2009 5:48 pm
thlo
thlo
thlo
20 February 2009

Delay between Settlement and FHOG

Delay between Settlement and FHOG

Hi, Were looking at buying a house+land package that requires us to purchase land + 5% deposit at the start, then stage based installment…

10
1054
thlo
Feb 20, 2009 6:17 pm
thlo
kumar
kumar
20 February 2009

Can we still apply for First home owners grant

Can we still apply for First home owners grant

I though boost was a chocolate bar. Oh wrong forum!

5
372
kumar
Feb 20, 2009 8:54 pm
kumar
kumar
20 February 2009

Land finance?

Land finance?

Surprised me as well to be honest!…

6
506
kumar
Feb 20, 2009 8:55 pm
thlo
thlo
21 February 2009

Where to stash your cash?

Where to stash your cash?

That's Ok, but where's your site? edit. Oh, I thought you meant you don't have links to your portfolio on your site. Sorry, misunderstanding.

19
902
thlo
Feb 21, 2009 5:16 pm
thlo
gracesmith
gracesmith
21 February 2009

When to see the bank for construction loan?

When to see the bank for construction loan?

Local banks, if they do construction loans, might be able to offer you a great rate. National Lenders are more likely to have construction programs, but the drawback is…

2
458
gracesmith
Feb 21, 2009 9:54 pm
gracesmith
gracesmith
21 February 2009

Does the Deposit Bond cover the purchaser?

Does the Deposit Bond cover the purchaser?

Hi............., The deposit bond is a form of insurance policy, but it is for the vendor’s benefit only. If the insurer is required to pay the vendor pursuant to the…

0
217
gracesmith
Feb 21, 2009 10:16 pm
lisanne
lisanne
22 February 2009

Which lender - 100% or otherwise!

Which lender - 100% or otherwise!

Melton West / Kurunjang .... the "better" side of Melton (if there is such a thing as a "better" side of Melton!). Reason being... I…

12
768
lisanne
Feb 22, 2009 4:56 pm
thlo
thlo
24 February 2009

Changing Broker

Changing Broker

I have received another question which I would like to answer here; Question regarding Broker.; I have today inform a broker that I wish to discontinue…

9
475
thlo
Feb 24, 2009 12:27 pm
thlo
jb_money
jb_money
24 February 2009

Exchange contracts before finance in place no title on land?

Exchange contracts before finance in place no title on land?

If you aren't worried about your job then I think you are in a relatively safe position. If I were you my main concern would be the contract with the vendor and getting…

6
541
jb_money
Feb 24, 2009 3:50 pm
jb_money
jb_money
24 February 2009

Settlement Delay Due to Westpac...

Settlement Delay Due to Westpac...

If it is entirely Westpac's fault then you should ask your broker to lodge a formal complaint through their Business Development Manager with a breakdown of the amount…

8
1223
jb_money
Feb 24, 2009 4:31 pm
kumar
kumar
25 February 2009

Information about motorgage calculator

Information about motorgage calculator

gracesmith. We have enough SPAM from you already. :evil:

5
716
kumar
Feb 25, 2009 5:15 pm
serge44
serge44
28 February 2009

What timing

What timing

I'll need finance approval for the NHC on 13/3 and settlement of the sale isn't until 1/4 (unconditional is 21/3) the settlement on 3/3 moves the mortgage from one…

2
287
serge44
Feb 28, 2009 9:23 pm
serge44
stevep79
stevep79
2 March 2009

Time between settlement and 1st payment on loan?

Time between settlement and 1st payment on loan?

I;m sure you are looking at a month from settlement date. So ours settled on the 25th, so every 25th of the…

9
2190
stevep79
Mar 02, 2009 3:14 pm
stevep79
pollock
pollock
2 March 2009

credit card rates

credit card rates

Thanks for the replies. I am paying off an amount on my card at this point, so i do pay interest. The card I'm looking at is a new low rate card by Aussie. it has an…

4
387
pollock
Mar 02, 2009 3:19 pm
pollock
MadCow
MadCow
4 March 2009

Transfer of Title to Children subject to Stamp Duty and CGT?

Transfer of Title to Children subject to Stamp Duty and CGT?

Thanks for your information. You have certainly answered it. I have also dug up some info from the lands website and also ATO. MadCow

2
607
MadCow
Mar 04, 2009 2:07 pm
thlo
thlo
5 March 2009

Need more than pre-approval?

Need more than pre-approval?

Not sure if it helps but we are constrained more so by our deposit size rather than our ability to make repayments. You need to work out…

4
402
thlo
Mar 05, 2009 1:54 am
thlo
thlo
thlo
5 March 2009

Loans and Fixed term work contracts

Loans and Fixed term work contracts

Thanks for that, it is so stressful waiting to hear if you are finance pre-approved especially when we already have a block with an offer on it,…

3
534
thlo
Mar 05, 2009 1:57 am
thlo
thlo
thlo
5 March 2009

Conditional or Unconditional Finance, Difference?

Conditional or Unconditional Finance, Difference?

Hi, sorry to hijack your thread, but we've applied with CBA for a home loan, we have conditional approval but I'm trying to find out exactly…

17
4279
thlo
Mar 05, 2009 5:30 pm
thlo
thlo
thlo
9 March 2009

Would you 'fix' now?

Would you 'fix' now?
1, 2

You can fix your home…

32
1422
thlo
Mar 09, 2009 3:53 pm
thlo
yvette72
yvette72
10 March 2009

March interest rate cuts

March interest rate cuts

well theres all ways next time

12
857
yvette72
Mar 10, 2009 6:27 pm
Bam
Bam
11 March 2009

Are CBA Valuations conservative?

Are CBA Valuations conservative?

We're signing papers tomorrow so Im assuming ours went well! :lol:

6
765
Bam
Mar 11, 2009 1:57 pm
Bam
thlo
thlo
11 March 2009

Agreement with banks on location of FHOG payment

Agreement with banks on location of FHOG payment

Common rule in construction lending is that your money is spent…

1
271
thlo
Mar 11, 2009 10:17 pm
thlo
borg
borg
12 March 2009

What are our options?

What are our options?

The best option to do is if you own most of your land then use this equity to borrow money to finance your build. Viridaina line of credit is great for this and you can…

3
358
borg
Mar 12, 2009 1:34 pm
borg
thlo
thlo
15 March 2009

100% Construction Loan

100% Construction Loan
1, 2

Hi all, I am new to this forum. We are considering building a new home, but I am not sure how this woks with the bank if we decide to be owner…

22
4247
thlo
Mar 15, 2009 1:28 pm
thlo
thlo
thlo
15 March 2009

What interest rate have you 'prepared' for?

What interest rate have you 'prepared' for?

Seeing that only about 2% of new borrowers are fixing their home loan rates now, I somehow don't see interest rates as the biggest worry on people's mind at the moment.

14
704
thlo
Mar 15, 2009 1:44 pm
thlo
wakeboardandy
wakeboardandy
19 March 2009

How much is your mortgage?

How much is your mortgage?
1, 2, 3

It will be approx 286k for us when construction is completed. I wanted to make sure I could pay the mortgage just on my wage. Which will be about 30% of my wage with…

41
2213
wakeboardandy
Mar 19, 2009 12:33 pm
wakeboardandy
thlo
thlo
20 March 2009

Settelment Penalties

Settelment Penalties

Settlement penalties are going to be a common occurence with Australian lenders having processing delays of up to 4 weeks. Yes 4 weeks, not a typo.

5
474
thlo
Mar 20, 2009 9:28 am
thlo
Dale
Dale
23 March 2009

some advice please!!!

some advice please!!!

Hi, Is your purchase contract subject to finance within a certain time period? Tell us what the clause in the contract says about finance. Also why can't they do the…

1
304
Dale
Mar 23, 2009 3:46 pm
wake_me
wake_me
24 March 2009

New home / Valuation / Contract etc

New home / Valuation / Contract etc

Mrs Smith, its a spec home. This is normal, nothing 'desperate' about it. Jaytyn, what % are you borrowing? You'll probably find the bank will be quite conservative with…

4
326
wake_me
Mar 23, 2009 11:16 pm
wake_me
stevep79
stevep79
24 March 2009

Borrowing for extras on top of the construction

Borrowing for extras on top of the construction

i am borrowing 95 % from Homeside lending for an investment property to be built. someone said if you borrow 80% or less , then the bank will be…

12
1159
stevep79
Mar 24, 2009 7:20 am
stevep79
thlo
thlo
26 March 2009

deposit for home loan

deposit for home loan

hi all, sorry if this has been discussed before, but im close to considering a new house and land package that is due to start construction next…

3
318
thlo
Mar 26, 2009 5:43 pm
thlo
thlo
thlo
26 March 2009

Stamp duty required on land under $300,000 in NSW ?

Stamp duty required on land under $300,000 in NSW ?

Thanks Thlo! .. Just spoke to him and clarified, yup i haven't signed the separate application .. apparently he thought i was NOT a FHB ..…

4
201
thlo
Mar 26, 2009 5:51 pm
thlo
newone
newone
27 March 2009

85% LVR Construction Loans

85% LVR Construction Loans

Well my thinking was, if i put in the full 20%…

4
653
newone
Mar 27, 2009 8:19 am
squashy
squashy
30 March 2009

Building our first home

Building our first home

Hi there! My husband and I are planning on building our first home. At this point we are saving the deposit for the land and are then looking at building a kit home. The…

0
164
squashy
Mar 30, 2009 7:04 pm


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