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Some of the funders have already lifted maximum loan amounts to fit in with the increase by GE

I know a couple of the guys who work for Mortgage St on the Gold Coast and guess what I have a mortgage st broker pack sitting right in front of me. Just looking at their Product matrix and the maximum loan amount for a full doc loan is $2.0mil, lo doc $800k. They securitise which means...

You'll get nothing for the 1%. Find yourself a broker that doesn't charge.

Stay away from Easyplan. They are part of a marketing company and normally charge 1% brokerage fee. The larger company they were a part of went under owing around $1.8mil. Find yourself another broker quick smart. If you want any more info feel free to email me.

Even though this is an old post, I just had to clear up some preconcieved ideas on Bankruptcy etc. For a creditor to make a person bankrupt it can cost them over $3,000- to do so, so for small debts they normally don't bother doing it. For a person to make themselves bankrupt, it can cost...

Just did some quick figures and I reckon it is a do-able deal. Just need to no the zoning on the land and what the business is.

If you want to email me all the details. e: [email protected] I reckon I can point you in the right direction with who will do what. I have just spent the last 5 years in commercial, business & development finance and I'm now a state manager for a Mortgage manager and have...

How much are you looking out borrowing?

A friend of mine just sold a house in North Frankston for $180k bought it in 1997 for $65,000-. This is an old housing commission area and has a pretty bad history over the years. I think the area used to be called The Pines.

My hubby has been in real estate on the Gold Coast for 20 years. He couldn't believe the price you've been quoted. He reckons the marketing package is a rip off. Shop around. My hubby is not active in real estate up here and knows heaps of decent agents so if you need some help finding one...

I worked for a bank for 15 years, when it used to take 5 days to clear a cheque. When you deposit a cheque into your account. The bank puts it in as unclear funds so it does go directly into your account but you are unable to access the funds for 3 working days. The cheque then makes its way...

The thing that keeps me most motivated, is making sure my children have a great financial start in life. I know most people try to do this, but I have an extra reason. I have a 7 year old son who is autistic. I am doing everything I can now with his education/life skills etc, but who knows if...

Rents 2 bed townhouse/apartment estimate between $240- $330 per week depending on age of building. Example- Just found a really nice apartment in broadbeach. Beachside. Opposite Pacific Fair/ Casino. 5 minute walk to Oasis Shopping centre. 3 minute walk to beach. Building less than 10 years...

A good place to look also is around Mermaid Beach/Broadbeach. There is some pretty good value townhouses around under $300k. These areas are probably better than Ashmore/Benowa. I live in Mermaid Beach and it is one of the best suburbs on the Gold Coast. Close to the beach, Casino...

I have converted a couple of my own ppors to IP's over the years. This is how I did it. Have the ppor loan at interest only with a offset account and deposit all excess funds into the offset account to lower you interest factor whilst it is still a ppor. If you are converting it to an IP...

I just checked their website and they look like glorified mortgage brokers to me. If they are advising on mortgage minimisaton and investments, they should have a afs Licence. If they haven't they are skating on thin ice.

I know that some of NAB Mobile Lending Managers have the ability to discount rates further on the choice packages.

Hi Lino Burleigh Waters is a real nice suburb. We live in Mermaid Waters and love it here. If you need some help, we run a mortgage broking company on the coast and my husband has been in the real estate industry up here for 20 years. He is not really working in the industry at the moment...

Just a reminder that valuations for lenders are for mortgage purposes only i.e. If the lender needs to do a firesale of the property, what would the lender expect to receive in such a sale. So more often than not they are not close to what the owner has estimated. Also I have noticed in the...

Actually Russell has become very popular, due to the lower property prices and lower rentals compared to the mainland. They have had to put on more ferries daily due to the increase in demand from people going to the islands around the area.