Hi List of lenders in scheme from 1 Feb is below. Are CBA & NAB still able to do it or all places gone? As many are small lenders, how many are...
Hi There, I am about to start my investment journey. The strategy will be to purchase high CG resi properties in blue-chip suburbs. Overtime the...
Hello all, Just looking into, if someone has reached their servicability limit with purchasing the next residential property, would it still be...
Hi Forum Experts, Long-time lurker and first-time poster here. Looking to get your understanding of a 'tenants in common' agreement,...
St George rejected our loan application (refinance of 1.8m) based on serviceability. Our credit history is excellent, we don't have any bad loan....
We’ve sold our apartment and we want to buy a house. We have a good deposit (about half of the purchase price), but we are limited in what we can...
A potential situation is a borrower looking to take a home loan top up and they pass on a lender's serviceability calculator, but with only ~$40...
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...
Effective from Tuesday 16 July 2019: The floor rate is decreasing to 5.75% p.a. from 7.25% p.a. The buffer rate is increasing to 2.50% p.a. from...
I’m looking to buy a new PPOR. I can pay for it in cash. However, I’m pretty certain it won’t be a forever home, but would be a good IP in the...
Hi, Is there any lander that has acted upon APRA proposal to change the interest rate serviceability test from flat 7% to 2.5% above mortgage...
Our SMSF is tracking well and has funds available for another property , either a cheapie outright , or as a deposit for something more expensive...
G'day all, Long time reader. I am very keen to expand my portfolio in the next six months and just want some thoughts and opinions of where I...
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...
Hi All I was looking at how possible/common is it for a joint venture with an experienced investor to partner with a newbie who has decent...
I applied for a loan for my next investment property purchase but was knocked back due to serviceability issues. Subsequently, I saw a lender...
An excerpt: Properties located in Zone 3 or zone 4 postcodes (as per the AMP Bank Security Location Guide), regardless of whether or not AMP Bank...
How do banks assess income from a share portfolio in their servicability calculations? Is it shaded in any way or do they just take 100% based on...
Hi All, I have been approached by CBA to refinance my IP early this year. They worked out my serviceability for 550k loan for PI or IO are both...
Currently sitting at a car dealership waiting for our car to be ready. We paid cash for the car but the manager was very willing to sign us up to...
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