For an IP loan, are there some lenders that allow a purchase in one name (wife), but with 2 people on the loan contract (husband and wife) - ie....
Hello. Long time reader but first time post. I've got about $1.6m debt in IPs ($2.2m value) plus $900k debt on my PPOR ($1.3m value). My income...
Hi all I have a question as to what income/ assets & liabilities are considered in my loan situation for servicability. I have a property...
Sorry I'm sure this has been posted before couldn't find a recent post though. My broker is MIA at the moment. I've got 6 months left before my...
Hi everyone, I'm keen to understand which bank has the best serviceability calculations when it comes to investment income (e.g. dividends) for...
From what i have been told business income (sole trader etc) can be included for servicing but generally would require a NOA to prove income and...
Hi Guys My sister is looking to buy her first investment property but servicing a loan is tight. She's 21 and in her first job, but has a deposit...
I have found reading these loan tips from Terry really helpful to me recently, so I thought to post them in list format in a single thread so...
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)...
Im just trying to see how servicing is calculated Actually more interested to know how my current property is affecting my servicing Figures 250k...
i work a full time job but a former colleague has been asking me for a number of years to do some consulting work for him on the side. I have...
Hi everyone I've hit the servicing wall from the banks perspective :s However have significant cash savings in offset, so was wondering whether...
I recently lent some money to a company in which I am a director. Loan will be repaid by the company back to me on a monthly basis over 30 years,...
When assessing servicing, I understand the CBA treats existing debts (assume IP loans) with other banks based on actual repayments x 1.2 (ie. 20%...
The newest thing to grab the regulators attention is credit cards. Well it's not actually new, but it's starting to look like it's actually...
Been looking to get one of my own loans away from Pepper and almost gave up after failing servicing with every other major. Gave NAB a crack and...
Post APRA, having moved into one IP and temporarily on a single income, bank servicing departments in the new world would cry if they plugged in...
Hi All, I was just wondering if anyone can refer me to a reverse servicing calculator. I was told by nab that I was on the maximum servicing for...
Couldn’t link past the pay wall on the AFR article , but this article in the SMH covers the same area though the AFR article appears to go into...
Hi guys if you want to refi to WBC, the generous main stream lender, to pull equity or purchase. Do it this week, the window of opportunity is...
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