Lenders Wanted

NSW, $1M, Investment, Purchase, Full-doc, 100% LVR

Posted on 13/10/2014 5:13:06 PM

Have a client earning above 500k and his partner over 100k looking at buying an investment property. They have well over 1 million in equity and are looking at borrowing the whole amount. Can they do this by providing security of other assests up to 200k and avoid LMI

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  • Francis Armstrong5/06/2015 12:55:12 PM

    we may be able to assist with this request. please phone 0417570983 or email frank.accl@gmail.com

  • Jenel16/02/2015 12:23:50 PM

    Yes as long as the $200K is equity in property as well, this will avoid LMI

  • David Vickerman19/11/2014 12:56:25 PM

    Just did a similar one at 80% @ 4.58% var and lower fixed portion (no LMI) - cost the client $250 - as per Steve's query what is the other 20% ?\
    1800 HOME LOAN (1800 466 356)

  • Carol Russell29/10/2014 12:26:24 PM

    Are these genuine clients and where are they located please?
    Happy to help them.
    Fully accredited Financial Advisor and Mortgage broker
    0418 431157
    Carol.

  • Steve Rasmussen17/10/2014 12:50:19 PM

    What are the other $200K in assets comprised of?

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OTHERS

State Requested Amount Product Type Loan Type Documents LVR Posted
VIC $500K Construction Purchase Full-doc 95% 2/10/2014
Details Description: Hi, I have a husband and wife couple. They want to purchase land for $300k and borrow an additional $200k to complete construction and move into their first house. They curr ...
NSW $450K Owner occupied Purchase Full-doc 90% 26/09/2014
Details Description: My clients wants to buy their first home and have enough income to borrow the required amount. However husband/Applicant 2 wasn't working from June 2012 till June 2014 and he re st ...
NSW $300K Investment Purchase Full-doc 80% 6/06/2014
Details Description: This is a Favourable Purchase from a wife to family trust and trustees being husband and his mother. So basically husband is paying wife out. The property is an investment and curr ...