Jack S. Sylvania, NSW 4 Likes 0 Followers Question on behalf of my mum, she is 78 and still very active. She is looking at buying a house and land package near Goulburn for $450,000 as an investment. Mum owns her own home valued at $1.2M and an investment property valued at $1.6M and she lives off her super. Apart from the super she has around $200k in savings and would use $150,000 to purchase the property. With a strong net asset position would she be able to get a loan of $300K and what lenders would look at a loan like this? 7 years ago
David W. Hornsby, NSW 9 Likes 0 Followers Hello, a mate prompted me to check our home loan rate with ANZ - 4.49%, the loan is $780,000. If I call them on Monday to ask about the rate what would be a reasonable expectation for them to reduce the rate by? 7 years ago
Regina B. Bayswater, VIC 7 Likes 0 Followers Hi, we need some advice about our home loan applicationWe are due to go to auction on Saturday and been waiting for our mortgage broker to finalise the approval. It has been 4 weeks and we have been promised each day this week the approval is on its way. We are obviously concerned, what should we do and can we call the lender directly? 7 years ago
Sophie T. Riverton, WA 3 Likes 0 Followers We have been renting for over a year and found a property we would like to make an offer for around $1.2M. We would only need to borrow $650,000 but have had a few credit issues in the past and sold our previous home to clear all the debts …. the credit report is not clean. We both work full time and would like to know if we could still get a loan and what the rate might be? 7 years ago
Trish B. Bathurst, NSW 2 Likes 0 Followers I have a full time job and work casually most weekends so I can save to buy a home. So far I have saved $15,000... will home loan lenders consider the money I earn on weekends as well as my full time job? 7 years ago
Emily G. Zetland, NSW 6 Likes 1 Followers If we were gifted $50,000 and had a private agreement to pay it back over 5 years could we use it as a deposit on our first home? Sale Price is $760,000. 7 years ago
Megan M. Patterson Lakes, VIC 2 Likes 0 Followers We have too many loans and want to see if we consolidate a $485,000 home loan, personal loan $7,000 and 3 credit cards $17,000. The rate on our loan is 4.29% with Westpac and the house would be worth around $750,000. Can we get a lower rate and what would the repayments be? thanks 7 years ago
Frank R. Geelong, VIC 3 Likes 0 Followers We owe $25,000 on credit cards and finding is hard to make the repayments, we are a month behind and we want to see if we can refinance the cards into our home loan. The home loan is ok as we have made it the priority. The loan is $360,000 and the property is about $520-530,00 – is this possible? 7 years ago
Oliver D. Caringbah, NSW 1 Likes 0 Followers Hi, is there a way I can calculate how much mortgage insurance will be? 7 years ago
Sam M. Lane Cove, NSW 1 Likes 0 Followers I am looking at an apartment off the plan in Newtown… completion late 2019. It is 50 square metres plus a small balcony and a garage on title. Before I pay the deposit can I ask if it is possible to get a loan on this type of property as an investment? 7 years ago
Jackson S. Beenleigh, QLD 22 Likes 2 Followers What is the maximum fixed rate term, can you get a 10 year fixed rate? 7 years ago
Marion d. Moorebank, NSW 2 Likes 0 Followers Hi, we are buying a new home at Ambervale, Price $599,000. We are both working and combined income is $130,000 and have no other debts or credit cards… we have a 2 year old at day care and want to borrow $500,000. What is the best rate we could get and does the loan have to be with one of the banks? Thank you 7 years ago
Fiona D. Port Melbourne, VIC 1 Likes 0 Followers What credit card is the best to earn Qantas frequent flyer points? 7 years ago
Katherine W. Oakleigh, VIC 4 Likes 0 Followers Our rate went from interest only to principal and interest 6 months ago and the rate is 4.19%. It seems high, what's the best rate we could get? 7 years ago
Lindsey R. Ryde, NSW 2 Likes 0 Followers Hi, is now a good time to be fixing some of our home loan, current rate is 3.99% variable? 7 years ago
Kay M. Mount Annan, NSW 2 Likes 0 Followers Can someone explain the difference between an offset account and redraw. Is an offset account really that important for the loan we have on the property we live in? 7 years ago
Sally D. Malvern East, VIC 1 Likes 0 Followers Hello, I earn $120k a year and looking to buy an investment property to get into the property market. My parents have offered to help but I have some questions as I don’t want to expose them. If they give me 10% deposit can I borrow 90% or do they have to be on the loan? Do they have to be on title and do they have to mortgage one of their properties? 7 years ago
Jerry K. Baulkham Hills, NSW 2 Likes 0 Followers We have had our home loan with Pepper for 2 years after having a small credit issue. The rate is 5.2% and we would like to know if we have options to refinance. Is 2 years long enough? 7 years ago
Irene T. Port Hacking, NSW 2 Likes 0 Followers We have come into some money from a family inheritance. If we pay $100,000 on our home loan will it automatically reduce our monthly repayments? 7 years ago
Jason H. Clovelly, NSW 0 Likes 0 Followers I’m looking at buying an investment property at Newtown $700k… instead of putting it with an agent I want to put it on Airbnb. Can I still borrow 90% and will lenders consider the rental forecasts, thanks? 7 years ago
