Hi all,
I got a question on an OTP purchase my mate is going through. He's already exchanged (months ago), but still won't settle for a while. Since excahnge, he's changed jobs and has been causually employed for 3 months. There was no gap betwen him starting this job (basically the same role in the same industry) and his previous full time position.
Just looking for some advice on the financing implications of this? He was planning on a 90% LVR as well, but has the capital to go with 80% if required.
Thanks,
RL
I got a question on an OTP purchase my mate is going through. He's already exchanged (months ago), but still won't settle for a while. Since excahnge, he's changed jobs and has been causually employed for 3 months. There was no gap betwen him starting this job (basically the same role in the same industry) and his previous full time position.
Just looking for some advice on the financing implications of this? He was planning on a 90% LVR as well, but has the capital to go with 80% if required.
Thanks,
RL