Hi Faye. I can assist with finding a lender that would accept your block of land at 80%. I would require more information before I could provide a solution. Please feel free to get in touch via my broker profile. Kind regards, Victoria
Hi Faye. Thanks for your enquiry. I’m happy to make some enquiries for you to find a suitable lender. Simply get in touch via my profile link with the address of the property. Best regards, Lee Boserio, Bos Financial Services.
Hi Faye, there may be hope for you on this as it seems the issue was with the Valuation Report identifying Risk Category 4 for Marketability. Additional valuations may be ordered through other banks to check the opinions from other Valuers. More than happy to assist if you can find me on the broker list and request to be connected. Thanks Azm (Yellow Brick Road Parramatta - Principal and Wealth Manager)
Hi Faye. I would require a few more details about the block of land to see if I could assist. Please get in contact via my profile and I’ll see if I can help you out with this one. Kind Regards, Iva Rasic. BorrowRight.
Lisa
Hi Faye, thank you for your enquiry. The lender will definitely look at the land marketability given it is zoned rural. In saying that normally lenders will accept 80% LVR to mitigate the risk. Having a guarantor in your case may not assist as it is more to do with the land itself rather than your deposit or capacity to repay. I have recently assisted a client who purchased land that was zoned rural and was able to place the loan with a major bank. I would love to find out more about your situation, simply contact me via my profile page to discuss further. Kind Regards, Lisa