First home buyers with 2 kids, 4 and 2. No debts, no credit cards and have been paying $620pw in rent. We have just inherited some money and want to see if we can borrow around $700,000. My income is $132k plus super and my wife is looking to go back to work mid-2018. Could we do this?

Hi Mitch!

We would love to help you out. This definitely looks doable, Would need a few more details from you. I work for a mobile Finance Broking firm mobilelender.com.au

I can look at our list of 30 lenders to see what we can do for you. Hoping we can do something to help you out.

Thanks,

Jacqui

Hi Mitch,
Based on what you have supplied here, I would agree with Jacqui that you would have options for borrowing $700,000 on your salary.
I would be happy to have a preliminary meeting with you just to discuss your options and your needs so that you can start looking with confidence.
Please request my contact details through this site and I will call you within 2 hours
Regards
Scott

Hi Mitch,

Thanks for the question. According to the information you have provided, borrowing $700k is certainly possible based on your disclosed salary. However, I am required to ascertain some further information about your situation in order to obtain a more accurate assessment of your borrowing capability. This could include how much you have inherited, how long you have had the funds in your own bank account, what your living expenses are, what your wife's income will be when she returns to work and whether you foresee any changes to your financial circumstances in the future.

I have a wide range of lenders to choose from (over 30!) and would be happy to have an initial chat with you to ascertain this information and I could then present to you some loan products from lenders who could assist you.

Please call me on 0418 547337 or search for me through the "Industry experts" tab and click on my business name under "Name of Business" and all my contact details are there. I look forward to being able to assist you.

Cheers,

Michael Budge
Director
Bayside Finance Group