Recent content by steven

Reduced fixed rates effective as of Monday ING 1, 2 & 3 year 6.49% 4 & 5 year 6.74% ANZ 2 year 6.79% 3 year 6.65% 4 & 5 year 6.79% Regards Steven

I received an update today from Pioneer regarding their 95% low doc product, Interest rate: 8.99% Revert rate after 3 years: 7.79% LMI 3.45% Regards Steven Mortgage Broker

Hi Dave, It’s a relatively new product; I can only assume this is why the info is not currently available on their web site, I’m aware of the details because I’m accredited with Pioneer. Some further product information: Cash out up to $125.000 of security property without reason. The...

Hi Ajax, Smile is absolutely correct, the DEF’s for this particular product are calculated on the outstanding balance of the loan. The variable rate currently @ 8.99% is reduced by 1.00% after the 3rd year, Cheers. Regards Steven Mortgage Broker

Hi Jsh1, Pioneer offer a 95% Low Doc, approx. rate 8.99% reduces after 3 years $500,000 Owner Occupied & $1.0m Investment DEF’s 1 year (2.5%), 2-3 years (2.0%), 3-5 years (1.5%) Redraw available, split facility up to 4 accounts, also available for companies and trusts, 15 to 30 year...

Hi Nigel, You should have no problems finding a Mortgage Broker with access to NZ finance, The majority of these products are packaged and branded through mortgage managers with funds sourced from Origin, Interstar and First Mack, The current SVR are 7.95% to 8.35% depending on lender, max...

Hi Bulldog, Below is a link to the Consumer Affairs Victoria web site, containing information regarding section 32 (vendors statement) http://www.consumer.vic.gov.au/cbav/fairsite.nsf/pages/of_homesrent_buy_legals32?Open Regards Steven

Could those planning on attending the Geelong meeting This Thursday 4th March, Please send me a PM so we can organize the seating requirements, many thanks, Regards Steven

Just a reminder for The Geelong Meeting This Thursday Night 4.3.04 Time 7.30pm, See you all there, Regards Steven

Hi Buzz, I have a couple of lenders for Australians investing in NZ, 6.85% 80% LVR The NZ property market is currently experiencing a flood of offshore investors, I would suggest you have finance (preliminary approval) organized before you arrive, allow up to Two weeks for valuations...

The inaugural Geelong meeting is set for Thursday 4Th March Time 7.30pm Venue: The Belmont Hotel (the ladies lounge has been reserved) Address: corner of High St & Mt Pleasant Rd Belmont. melways ref no 227 K8 All are most welcome, See you there. Regards Steven.

Hi Ajax Low Doc 75%LVR LOC 6.97% Regards Steven

Hi Smitty, Primary purpose can be for Owner Occupied or Investment. As Rolf said, The requirements for investors are different, Mininimum net worth $175K in Marketable assets, At least One applicant must have $50K income pa. Regards Steven.

Brendon, I assume with these rates of 7.2% STD and 8% low doc, that acute mortgage reductions absorb the lenders mortgage insurance, Regards Steven