I meant if you have a PPOR debt - be careful not to redraw (ie. increase the existing non tax deductible debt) in order to use as a deposit for a tax deductible purchase.
If you are applying for a 95% loan then you will definitely require a Pre Approval IMO.
Also note that the lending landscape is changing quite a bit so 95% loans may be a thing of the past.
St George will do 4 but if you are doing a hybrid trust then you are limited to CBA and St George with varying LVR's.
What's the LVR that you are trying to do it at?
CBA, St George, RAMS and Bankwest will do 4 units on a single title under residential lending and thus resi rates. You would be looking at rates of circa 4.20'ish depending on the lender.
Dont do redraw as it may have tax implications. Ensure loans are standalone and separate and properties...
We often forget that the amount of time and money people put in to provide these little gems. Thanks to Sim and all the moderators for all your efforts behind the scenes.
Is it possible yeah but depends on the circumstances - say its 80% LVR and you use a COS lender like ANZ, CBA, Westpac, etc and your broker or banker has the ability to get credit to look at it within 24 hours of submission.
Then you can get docs emailed to you. Hopefully its not a QLD...
It depends on what type of celebrity they are. If they are a news presenter or tv personality working for one of the networks then they need to have an employment contract in place.
If its an actor/actress then we need last 2 years financials.
The only thing is that most of these make...