Personal loan for stamp duty? Already gone unconditional on the house with lending approved and can

Discussion in 'Loans & Mortgage Brokers' started by ChrisG, 2nd Jan, 2019.

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  1. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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    as soon as possible. this might require new docs, but I don't think it will if you will still be on title. but if you are not on title you can't give a mortgage so new docs will be required.
     
    Terry_w, 5th Jan, 2019
    #81
  2. ChrisG

    ChrisG Active Member

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    Update - we settled and the lawyer limited foreign ownership to 1% on the day of settlement - the bank did not raise an issue with this - we did not tell the bank that we were going to do this.

    We took side jobs (freelance) in order to get the extra money we needed to settle.

    Our salaries are high but other than that, I'm surprised that with our spending history and lack of genuine savings that we were approved in the first place at all!
     
    ChrisG, 17th May, 2019
    #82
    Propertunity, tobe, Terry_w and 1 other person like this.
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