There is an interesting article on the ABC news website today. The bank asked a question they shouldn't have — and my pre-approval was withdrawn...
What do property investors do when they reach serviceability limit and still they want to buy property? Does insurance bond still work? Any other...
A bucket company is a company that receives distributions from a discretionary trust. They are usually used to cap the tax at 30% on investment...
One for the brokers: - At present would you need 1-2 years dividend history for shares to be considered for investment loan serviceability...
Hello All, Will lenders lend up to 80% of a property's value if a rural property like residential or is it more like 60-70%? I have a family...
Hello all, Im interested to know the outcome/s of this totally hypothetical situation. A couple applies for a residential loan to build multiple...
Hello guru's, I am seeking advice regarding our situation. My wife currently has a IP which she jointly holds with her parents (50/50 split) and...
Hi all, A little bit confused after meeting with CBA mortgage lender today regarding serviceability of loan and amount available to borrow. Prior...
Interest only loans hurts serviceability in 3 ways With the majority of lenders having interest only loans will adversely hurt a borrowers...
I have a margin loan which is fixed rate interest only and I have paid the interest in advance. It is secured against ETFs with a conservative 50%...
Hi All, I am new to the forum and needing some advise or help. Thank you to all in advance if you can provide valuable feedback. I am 37 years...
I have seen a number of cases where parents go on title to the property of the child because of serviceability issues. There are also cases of...
I am wondering if any lenders accept foreign rental income to assess serviceability? what supporting doc they require?
Hi all, I've an opportunity to invest in a business and would like to discuss (in general obviously) how obtaining a loan to do so would impact on...
Hi all What are the lenders that are not so tight on serviceability/ borrowing power? Not sure how accurate their online borrowing calculators are...
I meet the requirements on the quick borrowing power calculators the banks have on their websites, but i failed the more detailed macquarie bank...
It is possible for 2 persons to jointly own a property but have separate loans so that they are not jointly and severally liable for the debt....
Hello all, I have a portfolio of properties with which all are currently IO loans with 1 or 2 properties coming up soon with the IO period...
Hi all, My sister and I found an undervalued property that we're interested in to invest. I also have my own goal of getting an IP myself in 1-2...
Hi all. I'm in trouble now. My employment history has a gap year (due to baby birth) and serviceability is pretty tight. (at the moment around...
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