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Broker (Mat leave, Melbourne Market, Investment Portfolio & Mentor)

Discussion in 'Property Finance' started by Noodlesm, 12th Oct, 2016.

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  1. Noodlesm

    Noodlesm Member

    Joined:
    14th Apr, 2016
    Posts:
    12
    Location:
    SA
    Hi,

    Is there any broker here can help with the following areas? Please PM me your details for us to have a chat. I am looking to buy our 3rd ppty in Melbounr in the next 6 months, so will need start looking at the lending options.
    • Borrow during maternity leave
    • Melbourne Market,
    • Investment Portfolio
    • Mentor in property investment
    Thanks!
     
  2. Shahin_Afarin

    Shahin_Afarin Residential and Commercial Broker Business Member

    Joined:
    18th Jun, 2015
    Posts:
    641
    Location:
    Sydney
    Corey is in Adelaide and should answer a lot of your finance related questions. You may want to ask some specific questions regarding the other points and get some constructive feedback.

    What stage is the maternity leave, i.e. start, middle or end?

    Jamie is another broker that posted a thread about maternity leave which may help answer some of your questions.
     
    Jamie Moore likes this.
  3. Jess Peletier

    Jess Peletier Mortgage Broker - Australia Wide Business Member

    Joined:
    18th Jun, 2015
    Posts:
    2,756
    Location:
    Perth WA
    Have a search of the finance section - all the brokers here will be able to help you. Pete Tersteeg may have some added insight into the Melb market though. And Simon.
     
  4. Noodlesm

    Noodlesm Member

    Joined:
    14th Apr, 2016
    Posts:
    12
    Location:
    SA
    Thanks Guys.

    Another 3 months to start maternity leave - although no impact on income inflow as I will get paid pretty much at full time rate during the leave.

    Buying in Melbourne so would prefer someone has knowledge about the market. Will have a look at Pete and Simon.
     
    Colin Rice likes this.
  5. Colin Rice

    Colin Rice Mortgage Broker Australia Wide Business Member

    Joined:
    9th Jul, 2015
    Posts:
    1,078
    Location:
    Perth
    Thats what a lender will be looking for. That is your ability to service the debt while you are not at work and if income will be the same for the duration of the mat leave and employer is holding your position then you should be fine.
     
    Noodlesm likes this.
  6. Corey Batt

    Corey Batt Finance Strategist Business Plus Member

    Joined:
    14th Jun, 2015
    Posts:
    1,167
    Location:
    Adelaide, SA
    That's a healthy case for maternity leave - lenders have started warming up to this area, especially if there is ongoing income during that period it helps mitigate risk.
     
    Noodlesm likes this.