When I say limit it’s not the absolute limit what the bank is willing to lend. It’s the limit on how far I can go before it gets uncomfortable....
any particular reason behind that other than adding value later on with the available land?
Thanks for the reply. Definitely can add value to an older established home.
Hi all, We are starting to look again for a free standing house (after stopping in May this year for a personal reason). In our mind, our max...
Makes sense. Thank you for your kind words. Yeah, we are still looking (:crossfingers: ) but pretty demotivated. Aah, I can understand where...
Update: Got our pre approval on the 13th last week. Almost 2 months from the date of application. Not a good turnaround obviously. This has led us...
Aah, today I learned.
Update: Just had a chat with the broker. Since the last meeting he has able to have a discount on the variable loan reducing it from 3.24 to...
Just checked my broker is accredited with Citibank. Will ask him today. Thanks for the suggestion.
Yeah, fair enough. We are not waiting on a property right now, so we can wait. Might as well wait then, if it comes in a month or two, we'll have...
Makes sense. Thanks for your input.
That's concerning. We are looking to buy in a month or max 2. Should we look at other options. The LMI from other lenders would be (as estimated...
Hi All, We are looking at borrowing 670k-ish for a projected 750-800k property. We have got 160k saved up. My broker is suggesting the following...
Separate names with a comma.