Hello everyone, I currently have joint IPs with my sister owing total $500k (recently purchased). I'm looking to buy my own IP in the next 3...
Hi Team, I'm considering moving to Bank of Melbourne from Macquarie to take advantage of refinance deals (also the macquarie product I'm on is...
I have 2 credit cards with combined max limit of $30k. Planning to apply for home loan in near future. I know reducing max limit improves...
Hi all, first time poster here with what is hopefully a simple question. In the past few years my partner and I have purchased two properties...
Hi everyone, I want to calculate my borrowing capacity. I derive income via the following structures: - personal income - business trust income...
Hi all We are about to purchase a new vehicle. Hubby is an employee who receives a car allowance paid tax free as part of his package, as he is...
Hi PC, I'm looking to refinance an existing 3yr IO business loan of about $600k that is falling due in a few months. St George (current lender)...
I have a friend (really, I do have friends) who was discussing borrowing capacity as she already has a few IP under her belt and is looking at her...
Hi all, Hypothetical example below: - Construction cost for house (PPOR) estimated to be $600,000 - Maximum Borrowing capacity $500,000 -...
Where a person is a beneficiary of a discretionary trust, there is never any certainty of them ever receiving income from the trust. If there was...
I've read a few posts where it's mentioned that by borrowing from particular lenders in a particular order you're going to stretch your borrowing...
I am simply amazed by the changes in this space we have seen in the last 6 weeks since the week after the election. It seems servicing rates are...
I'm new to buying property and have gotten myself into a a tight situation. In early 2017 I signed a contract for a piece of land in Truganina....
Hi all, We are couple with a pre-school kid, total household income of $190K (pre-tax) and approx $50K yearly expenses, a credit card with $10K...
Hi experts, With the recent interest rate cut one of my friend was requesting pre-approval for his first home. He was advised for x$ and then in...
Why rate cut can lower our borrowing capacity The potential rate cut from RBA next week is a hot topic ATM. Paying less interest seems in our...
Hi Guys, I have what you may consider to be a rookie question but that's just because i am a rookie in this field and will need advise on next...
Is it possible to have a guesstimate of my borrowing capacity based on the below? I bought a property last year. Before borrowing the property,...
Hi everyone I've hit the servicing wall from the banks perspective :s However have significant cash savings in offset, so was wondering whether...
Hi All, I believe lenders assess gross income the same for full time and part time employment (unlike casual). However, do lenders ever use an...
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