Hi - I'm hoping to get some an

SA 5000

May 22, 2018

SA 5000

May 22, 2018

Hi - I'm hoping to get some answers to assist in a possible new home purchase. I am currently in a part 9 debt agreement due to be paid out in February 2019. I don't have any other debt / credit cards that are not included within that part 9. I have a family member who is willing to assist me with a deposit to move into a new place. I have approximately 20% equity in my current home, however my current lender won't touch me due to the part 9. The part 9 has approximately $8500 owing - is it possible to get a refinance to pay it out and then pre-approval for a new apartment (off the plan) based on my current situation? Thank you

Anna

10 months ago

Thank you - I'd like to learn some more and will check for your details. Appreciate your assistance.

Mikal

10 months ago

Hi Anna, I have had a good look and spoken to a lender and I do have options that would look at your scenario. This lender would need to pay out the part 9 debt as a part of the deal. If you would like some further assistance, please feel free to look me up and get in touch. I'd be happy to help.

Mikal

11 months ago

Hi Anna, I am working with a couple right now who is just out of (discharged from) a part 9 agreement, and I do have options for them if they want to do something now. As you are still in a part 9 agreement, I don't think the rules are the same. I would like the opportunity to get some more information and get back to you with some clarity. Is that ok? I will come back to you here when I have something for you.

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