becjarrettdaltonRefinance or stick with existing bank - reno advice?
12 March 2017
The question comes down to two points - serviceability, can you afford the loan - and that's a huge conversation And secondly, does the loan still suit you. From that…
aloenyxInterest Only payments during construction: Why?
4 February 2017
I was recommended interest only during the building phase.. and made sense as I need every penny to pay rent and after build costs. Once my final construction payment is…
ChristoshizzOwner Building w/ NAB ::angry:: stat decs from parents etc
27 October 2016
Hey mate. If it was me I'd be firing your broker and go speak to another broker or another bank lender. Different banks have different financing policies. Vote with your…
becjarrettdaltonLand Titiles and Construction Loan
18 October 2016
Ok that's why they can't use it. Your sister would have to be shown to have clear benefit by being guarantor, for example residing in the home - and she brings with her…
DrekkoWhich home insurance company ( not contents ) ?
17 August 2016
stupid question I have used a couple of different "cost to rebuild your home" calculators and they have all given me way out of sync figures one was 11k Another was…
new_senior_citizenRefinancing with AMP Experience??
10 July 2016
If its the ONLY lender that will help in your situation, accept it. If there are other OPTIONS with other lenders, STONGLY CONSIDER THEM. AMP is a stable Oz finance…
plcChanging Lender from Land Loan to construction loan
8 February 2016
Obviously some people don't read the rules prior to joining this forum. You included. Your first post and it's a blatant self servicing advertisement. Not even a hint of…
aloenyxfirst home buyer very confused about finance on home and lan
26 September 2015
I did the same as yourself, put a $1,000 down on a piece of land in July 2014 expecting titles in April 2015. I had preapproval, once I paid the $1,000 my broker applied…
plcCan I use land as a deposit for a construction loan?
26 June 2015
Yes, as others have said, you can use the equity in the land going forward on the construction loan. Note that there will be stamp duty to pay on market value even…
annieleeApplying credit card while waiting for loan
30 April 2015
thanks for all the reply... the reason i wanted a credit card is to get point for QFF with some purchases that i might be buying before the house/land is ready.. im…
questionableBuilding a new home while also having a mortgage
17 March 2015
Forgot to add that we have everything sorted with a builder so they're ready to build as soon as we say so. We don't have as high figures as you but pretty much the same…
becjarrettdaltonQuestion about home loan and untitled land
11 March 2015
your solicitor will want you to have an approval by that date or rescind the contract - or explain the repercussions in regards your deposit of you don't get finance in…