Mortgage Broker - Page 4 - Perth-WRX.com

Adr3naL1N · #31 19-03-2009, 12:06 PM

banks are certainly tightening their lending, they will lend me 300k as i am now, but with my parents as guarentours they will give me 750k.

i will be going through something like aussie i think, i have a meeting with them next wednesday night, he asked me my budget and i said about 330-370k, and he said with the details he had of me it shoudlnt be a problem.

Jim621 · #32 19-03-2009, 12:38 PM

Quote:

Originally Posted by Adr3naL1N

banks are certainly tightening their lending, they will lend me 300k as i am now, but with my parents as guarentours they will give me 750k.

i will be going through something like aussie i think, i have a meeting with them next wednesday night, he asked me my budget and i said about 330-370k, and he said with the details he had of me it shoudlnt be a problem.

That is an absolute joke really....how are you magically able to repay a $750k loan just by your parents going guarentours??

Im not having a go at you Adrenalin, but i think its immoral of the banks to lend that much when the say you can realisitcally only repay a 300k loan..

tuna · #33 19-03-2009, 01:35 PM

two houses? rent one?

Adr3naL1N · #34 19-03-2009, 02:53 PM

Quote:

Originally Posted by Jim621

That is an absolute joke really....how are you magically able to repay a $750k loan just by your parents going guarentours??

Im not having a go at you Adrenalin, but i think its immoral of the banks to lend that much when the say you can realisitcally only repay a 300k loan..

yeah and now they just rang back saying sorry we made a mistake they have told me they will only give me 300k guarentour or no guarentour, so really no point my olds even getting in on it unless i dont wanna pay a deposit, im not going to go through westpac now anyway.

easytiger · #35 20-03-2009, 10:25 AM

Haha yeah didnt seem right. They would have to have been servicing guarantors
You wouldnt want to go over 500k anyway for your first home
No stamp duty ftw

Adr3naL1N · #36 20-03-2009, 12:12 PM

Quote:

Originally Posted by easytiger

Haha yeah didnt seem right. They would have to have been servicing guarantors
You wouldnt want to go over 500k anyway for your first home
No stamp duty ftw

nah def not, im looking at 330-360k. which i should be pretty stable with.

Aussie home loans will give me me the amount i want so im going through them and the guy im dealing with has been very good so far, have a meeting on wednesday evening to take it further

sMY00n · #37 20-03-2009, 12:16 PM

I work for bankwest
PM me if you want the name of a good lender

easytiger · #38 20-03-2009, 01:20 PM

Pre approval is your best bet. Irons out any dramas before they have a chance to stuff anything up. Unfortunately that's what happens when the biggest Mortgage Insurer in Australia is an American company facing huge loses.

elemist · #39 20-03-2009, 04:08 PM

Quote:

Originally Posted by Adr3naL1N

nah def not, im looking at 330-360k. which i should be pretty stable with.

Aussie home loans will give me me the amount i want so im going through them and the guy im dealing with has been very good so far, have a meeting on wednesday evening to take it further

Chances are probably the same guy i met on Wednesday! Was his name was Terri?

Was really helpful, and managed to find a couple of options for me. Just need to save some serious $$$$$$

Adr3naL1N · #40 21-03-2009, 09:07 AM

Quote:

Originally Posted by elemist

Chances are probably the same guy i met on Wednesday! Was his name was Terri?

Was really helpful, and managed to find a couple of options for me. Just need to save some serious $$$$$$

nah his name is james.