Hello to all my REI colleagues,
Can anyone help with some information with this.
I need a 70% lo/no Doc loan for a PPOR. The bank value of the property (house on suburban block) will be say $420,000. We will have about 145k as a deposit and to pay costs.
WE have a company with an ABN that is a few years old now. Because of some months in stop n go employment (exemplary 30 year record prior to this mind you) we think that a lo/no doc may be the way to go.
We have funds in the co structure that could be used (in some way??!!) to provide income as well, if that helps.
Bonds, annuity ?????
All ideas welcome.
Can anyone help with some information with this.
I need a 70% lo/no Doc loan for a PPOR. The bank value of the property (house on suburban block) will be say $420,000. We will have about 145k as a deposit and to pay costs.
WE have a company with an ABN that is a few years old now. Because of some months in stop n go employment (exemplary 30 year record prior to this mind you) we think that a lo/no doc may be the way to go.
We have funds in the co structure that could be used (in some way??!!) to provide income as well, if that helps.
Bonds, annuity ?????
All ideas welcome.