Recent content by Bradsdad

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    Using PPOR equity, best options?

    The OP did mention that the proposed new purchase would be an IP but with the intention of turning it into a PPOR. I'm a bit confused as why people are so keen to suggest paying down current PPOR by say $50k when one would assume it would become an IP down the track. The OP seems to have it...
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    Firstmac

    Thanks Michael, that's the sort of stuff i was after. I'm not so worried about the front end stuff but the back end stuff from a clients point of view.
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    Firstmac

    Already considered and mentioned to clients but a valid point as it is i guess with any lender. I'd be more than happy rebating any switch fees if that happened in years 1-2 assuming it went above average market rates.
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    B2B Referral Partners - Aggregator

    Not a lot wrong. They are just paying referral partners for leads. As mentioned above, it's who the consumer is dealing with that is the important thing. This is then the same issue as if the consumer chose Aussie, FAST, AFG etc . It the actual individual that is important. In saying this...
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    Firstmac

    Many people still fit the "conservative" mold and don't have problems with their policies. I know that won't be many on here given it's an investment forum but I was talking more about clients not interested in anything else but a home loan under 80% with no intention of investing (yes there are...
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    Firstmac

    Anyone here have any feedback on Firstmac? I must admit I never used to use them but have a couple of clients lately taking out their 4.74% broker special (comfortable not wanting over 80% now or in the future). I've found then quite slow on the assessment side and a bit dim reading notes...
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    AMP turn aroud times

    I've found AMP pretty slow also but at least my BDM is on the front foot about it and even calling me each step of the way (a little overkill IMO). Off the AMP topic a little but how many here use Firstmac? I've found them lately to be a bit of a pain with it being a waste of time giving them...
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    Breaking fixed loan

    If you go down this path make sure you don't tell them you want to break to re-fix as they don't allow this. You'll need to break to variable then apply to fix.
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    Westpac 4.99% Fixed Rate is Back

    Good if you bank with them or are taking out a new loan. The 0.01% discount is useless if considering refinancing ;-)
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    Bankwest 5.29%...too good to be true?

    Can I get 3 to go please? :cool:
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    lenders and credit scoring

    Stay away from ING if you have a heap of hits on your profile. They will solely rely on credit scoring and won't trust someone to look at it if it fails. Westpac used to be a "no" also but unsure these days as I tend not to use them.
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    5yr IO up what to do

    There was a change back in July. I have a good relationship with a few managers and get them to sort it with completed forms. No hassles so far.
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    >70%LVR on rural property?

    And have to pay higher Stamp Duty. ;)
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    Self-employed under one year - any lenders who would give us a home loan?

    What industry are we talking and what was previous job? Did one lead straight to the other?
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    1 Bedroom apartments, how hard to arrange finance for?

    Under 35m2 is pretty broad. Is it 16m2, 21m2......
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