Hi I need help from any of you who know about loans.
Some info:
PPOR..House paid for worth 500,000
Savings...150,000
I have very little income, only 40,000 a year as my husband is self employed and I draw a wage through his business.
I have put in an offer for an IP for 300,000, don't know whether to get a LOC or a standard loan. The assests are in my name only. Thanks for your help
Some info:
PPOR..House paid for worth 500,000
Savings...150,000
I have very little income, only 40,000 a year as my husband is self employed and I draw a wage through his business.
I have put in an offer for an IP for 300,000, don't know whether to get a LOC or a standard loan. The assests are in my name only. Thanks for your help