becjarrettdaltonA tough one about the First Home Owner's Grant
18 January 2017
Nice work - go you! I think people lack the desire to take ownership and see something through to completion in some of these large organisations - or are hamstrung by…
becjarrettdaltonConstruction Loan with Land Explanation
8 January 2017
Hi Lucy, Usually it's interest only on both the land and the construction loan, but not impossible for it to have been set up differently so double check with your…
cloudyBuilding home on parent's vacant block - tenants in common
14 December 2015
Background: - My father owns three blocks of land which makes up his farm in WA. One he is living on, the second has sheds and house (I live and rent in) and the third is…
Nic and Shell 1Urgent bankwest construction loan q
24 October 2015
Sorry for the late reply, you might have better luck with them, we had issues but I was pleased with the customer service they always answered emails relatively quick. And…
becjarrettdaltonFinance decline and getting our deposit back
19 February 2015
Agree with Tom, and you sound like you could be approaching the sunset clause date - also get a second opinion on the finance, you may have other options. Not all lenders…
becjarrettdaltonWhere to start for a two newbies!
23 November 2014
HI, How far away is your build contract? What state are you building in? And what do you need to borrow as a percentage of the total cost, for example are you borrowing 80%?
CranzyLand first then construction - confusing calculation.
26 August 2014
The only variable will depend on your total "as if complete" valuation come construction time. So if you can retain the 20% equity in the land,…
natlynChanging Job during home loan application
3 February 2014
Thanks for the responses. He has been in the IT industry for 10 years just working for different companies. He will now be working within IT still (same sort of position)…
SalsabyConditional to Formal Approval - Keystart
20 January 2014
Unfortunately we lost our block today to another buyer so we are back to square one.... just days from getting formal finance. All valuations checks etc had been done…
p0msd0wnunderMinimum levels of fit out - Bankwest construction loan
11 November 2013
jb_moneyLand then construction loan VS LAND/CONSTRUCTION Loan
2 September 2013
It really depends on your situation as to which is the best choice. If you do not have plans / council approval / building contract etc then you pretty much have no…
jcbissorjust starting out - Need help to understand the process
24 May 2013
Posting to follow your thread.. We're about to sign with Goodlife on Sunday. Our block deposit happens on Monday. Which goodlife design are you building?
Scotty DogSeperate loans for land and construction?
16 May 2013
We are building our house with 2 x loans, a separate one for the land and a construction one for the house. This is because we originally bought the land with a house on…
5ullyByford consider metro or Reginal with Keystart
12 April 2013
Hey all, I am new to house building or even buying a house and have decided to go through Keystart. I have been advised that Byford is consider Regional for Keystart…
plcAm I likely to be approved for a home loan?
19 March 2013
Hi death2thepixies, Lenders nowadays work to their own serviceability calculations, the 30% rule of thumb is more from a personal point of view, and is there because just…
plcHas anyone every had this home loan application experience?
20 February 2013
Hi Sandy, What I notice a lot of times is the lender will go through the applicants credit history and if they see they have applied for any recent credit, i.e. credit…
StepMammaSettlement Debarcle - Need advice please
6 February 2013
Hi, dragonchild and plc. Thanks for your replies. Much to our relief westpac have lifted the caveat and settlement is booked for tomorrow. We have settlement agents…