woah what a ripper!

[neeko]

hey all

after speaking to my mortgage broker today and giving him my details of pay and all that he beilives i can got more borrowing power than before!!!!!!

he said after the info you have given me i reckon your borrowing power is 350-400k!!!! for an investment property he said he has to reevaluate my property and go from there.

he did ask about about my valuation from my bank manager and my bank manager wouldn't give up the details of who did the valuation on my house but he said was an "internal nab valuer"

my bank manager only reckoned 170k and id have to fork out anther 10K!!!!!!

im still amazed and i said to him that opens me right up for more properties now its lie all christmas's have come at once

Nick

 

[westminster]

This is a prime example why brokers can sometimes out perform banks AND why you should always get a second opinion, imagine if you hadn't!

 

[neeko]

i know i was quite amazed, i still cant believe MY bank manager cant even help me!!! like cmon, bloody banks! so looking forward to purchasing my first IP

 

[alexlee]

In what way are they YOUR bank manager?

 

[Thann]

This is a prime example why brokers can sometimes out perform banks

Yes, quite an eye opener

 

[allsuccess]

After dealing with a bank directly few years ago, I will never do that mistake again.

 

[neeko]

After dealing with a bank directly few years ago, I will never do that mistake again.

ohh yepp sooo true

 

[Dazz]

In what way are they YOUR bank manager?

Exactly - good call.