

Thank you very much everyone for your replies last week. I heard from the land developer that the land will get titled by Oct or maximum Nov this year. I am not planning to build on it straight away, and may start building after 6 to 12 months. At the moment i am planning to settled the land. As i have paid 10% deposit on the land will it be possible to get 90% loan to settle the land. Thanks again for the guidance.

Thank you very much everyone for your replies. Its good to read that i still have option to get loan on my name. I am not planning to build on it straight away, and may start building after 6 to 12 months. In the meantime i am only planning to titled the land in Oct or Nov when its ready for titling.

Hi Faisal Most lenders are aware that the IT industry mainly does contract roles. It would be better if you were already in your new role whether it is permanent or contract before you apply for the loan. Please get in touch through my profile page so that I can help you purchase the property when its ready. Regards Neeliya

Hi Faisal. The IT industry is all on contracts and lenders know this. So long as you are employed on the date of application I should be able to get you an approval. Keep saving and if you could save another 10% it will help. Better if you have a building contract as well. That way no stamp duty payable and you will receive the 10000 FHOG. Regards. Daniel

Neeliya
Hi Faisal Thank you for the update. I would be able to help you with this so please contact me via HashChing. Regards Neeliya