IntellichoiceCurious as to how people choose their lender / broker
14 December 2018
Can be very tricky-as with all the information available-it is always the case it can be misconstrued or straight out false if not applicable to an individuals…
dream2017Is booking a land and on-sale later a good strategy?
12 November 2017
Hi Sorry, was out of touch a bit and late in response. Yeah you are right. It would be a bit of gambling on the return, I agree. Thanks for the input. It helped.
plcTime Frame of when to apply for construction loan?
10 July 2017
There are some lenders that will allow you to construct your property and drawdown a loan up to a year after land settlement. So if you have all the drawings, contracts,…
becjarrettdalton10% deposit & clear debts VS 17% deposit with debts for land
5 May 2017
It actually comes back to income & timing for your build & what you might need to hold back for finishing items on the home (landscaping etc) - yes it won't affect LMI…
Recommend a good broker in Sydney
My kids used Alliance Credit on the pier opposite "The Star" casino in Sydney, but they have an office at baulkham hills too. Alliancecredit.com.au They were able to help…
Valuation being more then build cost
Sometimes valuations are a bit like astrology. But as long as the property has gone up since you put a deposit on in, and assuming you qualified for a loan then, you…
deejay08Loan approval prior to land registration
29 January 2016
Yeah we would be classed as no 3 in your scenario naritas..sort of. We went direct to the lender so no broker in the middle (don't like them) and have an off the shelf…
becjarrettdaltonFinance Question for experienced owner builders
9 September 2015
For what purpose? I don't think you'd find a lender who would accept a guarantee with owner builder. It comes back to having the equity or the cash to fund the build…
becjarrettdaltonLand and construction loan with same bank. Benefits?
8 September 2015
You can't separate the lenders, the lender wants security over your property and there's only the one security. Talk to a broker who can choose the right lender for…
becjarrettdaltonBank Cheque question (OR BEARER)
17 August 2015
In all but extraordinary cases a bank cheque can only be cancelled by taking it back to the bank - the only exception being where it is lost, and there is a process behind…
Building4my3totsPaying off mortgage cheaper than 26 years ago
17 July 2015
Definitely a Sydney thing! Old fibro houses are fetching over 1 mil in my suburb, It's so crazy! and building industry always catches on, so building cost just raise too!…
becjarrettdaltonHome Loan question
16 June 2015
NOT giving tax advice, here's a quick blog post I have written which might make sense of the above advice http://homeloancomparison.com.au/offset ... investors/
Stuart05No Lawyer/Conveyancer for the construction Loan?
13 June 2015
if you aren't comfortable at being able to understand the building contract then it may well be worth having a lawyer look over it (I think you will find a conveyancer…
becjarrettdaltonConstruction loan query - docs for items outside contract
25 March 2015
Its more about the bank being unable to hold a security that doesn't have a kitchen, and being unable to force you to use the money to put a kitchen in. We all know you're…
becjarrettdaltonQuery about land and construction loan
17 March 2015
Hi Mansawant - they do a valuation on the complete package - what the finished house on the land is worth. If you have equity in the land and a large deposit for the build…
Matt1Reasonable Conveyancer Pricing & Practise?
9 February 2015
I paid $990 (each) to sell a house and buy a block of land in the middle of 2013 (in NW Sydney). Around $1000 was fairly common in NW Sydney at the time. I would have no…
bigdreamerCredit Report - Consumer Credit Enquiries
5 February 2015
Thanks so much for your replies! I only have 2 inquiries for last year (none in the last 6 months) and none for this year so sounds like I should be okay. I wonder why my…
adoremanFinancing Questions Regarding a new off the plan purchase
2 February 2015
Thank you very much for that shape. !
jb_moneyWhat can you include in your construction loan.
20 January 2015
Hi Bec, It is important that you provide the bank and valuer all quotes including floor coverings and try and see if you can include the driveway and landscaping into the…
becjarrettdaltonBank val for construction loans
18 December 2014
I absolutely understand! There's only one way to find out - get your broker to order a valuation and see what you're working with. There are lenders who will consider up…
becjarrettdaltonConstruction Loan - All Approved BUT unexpected situation
10 November 2014
Hi Joshua, generally once the loan is approved and settled (even if only partially) the bank doesn't re-check your employment - they don't want to be stuck with a half…
harryaustinPersonal Finance Calculator: What do you use?
26 September 2014
These works really fine... I.m also using the one named "Loans Calculator For Australia" which is a smartphone app and makes every financial calculations with much ease.
V1SHRNZLender's mortgage insurance - how did you pay it?
26 May 2014
LMI is capitalised onto the loan by the bank. However if you borrow more than 90% then the LMI amount shoots up drastically. Try to keep to a 90% lend as you will tend…