Join Australia's most dynamic and respected property investment community

Finding a hood mortgage broker

Discussion in 'Property Finance' started by Darlinghurst Boy, 29th Mar, 2016.

  1. Darlinghurst Boy

    Darlinghurst Boy Well-Known Member

    Joined:
    29th Jun, 2015
    Posts:
    866
    Location:
    Darlinghurst Sydney
    trying to find a good mortgage broker here in Sydney.
    Did use Smartline a few years ago but i dont like her attitude .

    I did use the Commbank but its not personal service sitting on a phone.

    Now i only want to borrow about 100k to buy a IP in Moree NSW.
    I rang up Aussie , "only 100 ? She said arrogantly, so i hung up on her.



    I have 20 per cent deposit plus stamp duty etc.

    I need someone who can give me a loan at around the 4% mark .
     
  2. Mumbai

    Mumbai Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    763
    Location:
    Sydney
    [​IMG]
    Is this hood enough?

    On a serious note, there are so many on PC. Call any of them.
     
  3. Paul@PFI

    Paul@PFI Tax Accounting + SMSF Business Member

    Joined:
    18th Jun, 2015
    Posts:
    2,392
    Location:
    Sydney
    Agree. Many think all brokers are the same. They aren't.
     
    Jennifer Duke likes this.
  4. Paul@PFI

    Paul@PFI Tax Accounting + SMSF Business Member

    Joined:
    18th Jun, 2015
    Posts:
    2,392
    Location:
    Sydney
    Moree may not top the LVRs.
     
  5. Ash

    Ash Well-Known Member

    Joined:
    17th Mar, 2016
    Posts:
    95
    Location:
    sydney
    Kate Moloney likes this.
  6. abbyfresh

    abbyfresh Well-Known Member

    Joined:
    2nd Jul, 2015
    Posts:
    67
    Location:
    VIC
    Mine wears baggy jeans and I sign my docs at the front of local 7 eleven:D
     
    DanW likes this.
  7. jins13

    jins13 Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    953
    Location:
    Sydney
    Good to see history repeat itself. I am pretty sure you did ask this same question previously.

    Agree with the information @Mumbai
     
  8. DaveM

    DaveM Adelaide Buyers Agent & KFC Strategist Business Member

    Joined:
    14th Jun, 2015
    Posts:
    2,106
    Location:
    Sydney & Adelaide
    Mine wont wear a hood, messes up his hair
     
    DanW and York like this.
  9. Ardi

    Ardi Well-Known Member

    Joined:
    20th Jul, 2015
    Posts:
    172
    Location:
    Orange
    Moree, you most definitely need a hood broker!
     
  10. datto

    datto Well-Known Member

    Joined:
    23rd Jun, 2015
    Posts:
    1,394
    Location:
    Mt Druuiitt
    There's a few hooded brokers around Mt Druitt and they do personal service.
     
    bobbyj, S.T and Scott No Mates like this.
  11. Corey Batt

    Corey Batt Finance Strategist Business Plus Member

    Joined:
    14th Jun, 2015
    Posts:
    1,173
    Location:
    Adelaide, SA
    Darlinghurst Boy - it sounds like when they see you rollin' (with your 100k loans), they be hatin'.
     
    inertia, ellejay, DaveM and 3 others like this.
  12. Darlinghurst Boy

    Darlinghurst Boy Well-Known Member

    Joined:
    29th Jun, 2015
    Posts:
    866
    Location:
    Darlinghurst Sydney
    Am I forced to use someone in Sydney ?
    Obviously it would be easier ... But.. What if the MB was interstate ?

    And please dont knock Moree... As the Sales agent told ne.. There are hundreds of investors interested in Moree and now's the time to get in before they do .
     
    Last edited: 29th Mar, 2016
    Gingin and S.T like this.
  13. Hodor

    Hodor Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    742
    Location:
    Homeless
    The broker can be anywhere. No need to ever meet. Once you have done one loan they only get easier so pick one you like and feel comfortable with
     
  14. Ardi

    Ardi Well-Known Member

    Joined:
    20th Jul, 2015
    Posts:
    172
    Location:
    Orange
    Fond memories of getting mugged by a lad from Moree back when i was 18. Still remember his words of wisdom to me "bra you don't wanna mess wif me, I'm pure bred Moree bra". Ahh the good old days
     
    Amberlee and Jess Peletier like this.
  15. Peter_Tersteeg

    Peter_Tersteeg Finance broker and strategist Business Member

    Joined:
    18th Jun, 2015
    Posts:
    2,104
    Location:
    Melbourne, Nationwide
    Dude that's hard core! I've met clients to sign loan documents in a Coles carpark before, Macca's and even Starbucks. But never a 7 eleven! :eek:
     
    Last edited: 29th Mar, 2016
    Amberlee likes this.
  16. bob shovel

    bob shovel Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    5,383
    Location:
    Somewhere in the land of Oz
    Do you mean hood winker? Or are they one of the same? ;)
     
    Ardi likes this.
  17. Joshwaaaa

    Joshwaaaa Well-Known Member

    Joined:
    22nd Jun, 2015
    Posts:
    376
    Location:
    Adelaide
    Is this the same sales agent who refuses to be a pm in the area?
     
    MattA likes this.
  18. Angel

    Angel Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    1,293
    Location:
    Paradise, Brisbane
    It is Interstellar and Steven only meets you at a McDonalds.
    DB, are you Tekoz's brother? Fancy believing anything the sales agent tells you. For Moree you will have to ensure the electric fence keeps working when the power goes off.
     
    Mr Dabolina likes this.
  19. Darlinghurst Boy

    Darlinghurst Boy Well-Known Member

    Joined:
    29th Jun, 2015
    Posts:
    866
    Location:
    Darlinghurst Sydney
    Well.. Yes it is .
     
  20. CosmicTrevor

    CosmicTrevor Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    117
    Location:
    Sydney
    Moree - an investment hot spot? The REA told you hundreds were interested? How many houses are there in Moree, lets assume 2.5 people per dwelling - this means there are going to be around 4000 dwellings. According to realestate.com.au 18 have sold in 2016, so roughly 6/month. If there are hundreds of investors interested it wouldn't appear to be reflected in reality.

    Population growth between the 2006 & 2011 census = 1% or roughly 0.2% per year give or take. Remote town, that experiences heavy flooding at times. On the plus side, it has an airport and rail link.

    Not my cup of tea and btw ask your REA for the settlement data and how it compares to 2015. If they don't have access to this they shouldn't be in the game.

    Not saying that Moree won't erupt in a flurry of spontaneous lemming buying, just saying that there better be an upside to counter the downsides.
     
    BarneyRubble likes this.