Recent content by Olback

Bluestone and GE Money can do up to 90% LVR with some restrictions. Also some lenders, such as CBA, will let you be only self employed for 1 year. There is normally some flexibility in there lending criteria if you are a good prospect for the lender. I hope that helps.

Hi Wasp, I think Rolf is more trying to say that you are better seeing a broker, then you are going to each of the lenders individually. We, as brokers, can compare numerous lenders and save you alot of leg work. We can also figure out how much you could borrow, based on your income for...

Yes, your friend can still get a loan. He will most likely have to go to a non confirming lender such as Bluestone or Liberty though. The rate and loan amount he can get will depend on how much the debts are, whether they are paid or unpaid. I hope that helps.

Great post, Simon. :)

Bluestone will do up to 90% LVR on some products, capped at $500,000 though. Westpac will do $1.5 million at 60% LVR. The reason why this is done is to reduce the banks risk. I hope that helps.

Grant C, I am accredited with Keystart and can lodge that for you. I am based in WA. If you are interested please let me know. Thanks

Property WA, Generally guarantors can be removed, but it depends on the lender. At CBA for example it can be removed but they charge a fee (I think it is $350) to do so. Others lenders such as Suncorp and St.George do family guarnatees. Which are limited liability loans. CBA can also do...