Looks to be a lead generating site for Aussie but can also be useful. Checking your credit score should not impact your score as it would be an agent enquiry. There is a couple of other sites that do this as well.
Depending on the type of income it would sit around middle of the pack. There service can be hit and miss depending on how good a fixed rate they have out at any point in time. Generally i would only consider them for a refi rather than purchase which is time critical.
thats the other side to what brokers do, we negotiate price. Almost all loans need to be negotiated as every bank is doing under the table deals so as a customer direct knowing what each bank is offering is difficult so makes it harder to negotiate.
Are you trying to pay the interest in advance to claim the tax deduction prior to financial year ending? True interest in advance is a fixed rate product. If you have a variable rate product with and offset account it is not going to make a difference in the interest charged if you were to put...
Your figures are correct but there is a minimum LMI premium with NAB of 500 plus the stamp duty of 10% so you should be paying $550 for the LMI on the increase.
this is something you would want to get specific advice from your accountant prior to doing anything but i have seen cases specifically for properties owned by a trust and the loan is setup in the individual name only and then a loan agreement between the trust and the individual this way the...
Hi ABL without knowing the full income/liabilities my thoughts are if you have spoken to a couple of banks and they said Ok to 700K you could probably do both with the right structure and use of lenders. You will also have extra rental income from the second property the bank would not have...
Hi Fabi, regarding question 1 you could use a rental appraisal letter to verify income. Because you are not actively trying to find a tennant i would not see this as a problem as once the renovation is complete your intention is to sell it but if you cant get the price you are after you would...