Company/Trust Construction Loans

Discussion in 'Loans & Mortgage Brokers' started by Connor, 28th Mar, 2016.

Join Australia's most dynamic and respected property investment community
Page 2 of 2
  1. tobe

    tobe Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    1,814
    Location:
    Melbourne
    I don't work for Rams anymore, I keep in touch with my old franchisee, who keeps me up to date with their policies, and I refer him a deal or two here and there.
    I have had a similar scenario previously with GST registration, in that case ABN had been registered for 1 year, (the policy is up to 70% LVR when abn only 1 year) but GST only a month. The story was one of a growing business. Initially the assessor declined it, but we got it through after a chat. There isn't a specific time frame for GST registration in their credit guidelines, so its case by case.
     
    tobe, 30th Mar, 2016
    #21
    Connor and Terry_w like this.
  2. sararose

    sararose New Member

    Joined:
    30th Mar, 2016
    Posts:
    4
    Location:
    Melbourne
    Hi Tobe
    I was following your advice for a quite sometimes , my reason her is i'm confused for construction loan it look to me painful process , i bought a land in 2014 and settled in the same year and now i'm looking for construction loan looking to use the equity in my land what are the advise can you guide me .please
     
    sararose, 30th Mar, 2016
    #22
Page 2 of 2