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LEZLI

5 months ago

Hi Alistair, if it's in metro area - I've got access to over 40 lenders - and can help you get 95%. Please feel free to contact me via my Profile page. Look forward to hearing from you. Lezli

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Angelo

5 months ago

Hi Alistair, Based on the figures you've provided the Loan To Value Ratio, the Lenders Mortgage Insurance premium and the minimum Funds to Complete the purchase would leave you only $11,000 in the bank, you might be better off contributing your $80,000 towards this purchase then making other arrangements for the refurbishment after settlement. If you'd like to discuss please click on my profile and request a call, I'm based in Caloundra and would be happy to make an appointment to meet you. Kind Regards, Angelo.

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Tracy

5 months ago

Hi Alistair thank you for the opportunity to assist you with your finance requirements. We have access to lenders who will lend to 95% plus lenders mortgage insurance. However we would require further information to determine if you meet the lender policy and if the loan is suitable for your needs and requirements. Please contact me if you would like to discuss further. Kind regards Tracy

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Kathryn

5 months ago

Good evening Alistair, there are lenders that will lend 95% + LMI (Lemders Mortgage Insurance) the big four as you mentioned will not lend 95%+ but that does not mean those that will are any less attractive a proposition. There are pros and cons to an increased lend but depending on your priorities when it comes to achieving a loan, you may find these acceptable. I am happy to discuss and walk through your options with you. If you would like to talk more, click on my profile, I would be happy to discuss with you. As for settlement of the 22nd there should be plenty of time, but with the holiday period and the decrease in staffing with the lenders over this period, absolutely imperative decisions and applications are made as soon as possible, regards Kathryn

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Andrew

5 months ago

Hello Alistair, different banks have different lending criteria and as a result, you may potentially be able to borrow that little bit extra through another bank. Settlement on 22nd January is also no problem. Please feel free to click on my profile and contact me to discuss further.

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Mario

5 months ago

Hi Alistair, there are definitely options available using minimal contributions but like anything there are always pros and cons of doing so which I am happy to explain in further detail in person. I can see that you are local to my area of the Sunshine Coast so if you'd like to get in contact with me I can make myself available at anytime that suits you.

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Scott

5 months ago

Hi Alistair, as a rule, using a minimal deposit will mean a less attractive interest rate and higher costs like lenders mortgage insurance. Depends on your goals, if you would like to maximise the lending and retain as much cash as possible we can assist with that solution. Similarly if you are happy to use a greater cash contribution you may access more competitive finance. With a settlement on 22 Jan time will be of the essence.

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Greg

5 months ago

Alistair, dependent on location of security property a 5% deposit shouldn't be a problem and on a competitive rate. I'd like to talk more about the improvements planned, that may bring into play options that can reduce fees and obtain a better result for you. If you would like to investigate that further, you'll find me through my profile.

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Jennifer

5 months ago

Hello Alistair, I’d be happy to discuss in more detail with you; there are multiple options that may suit, we simply need to determine what will be most suitable for you. We can get through this quite quickly; if you’d like to click on my profile, I’ll have your details and we can have a chat. Thanks, Jen

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