Hi Brigida, I hope somebody from this panel is already assisting you. You have supplied a fair bit of information already and yes there are lenders who will do a construction loan for an owner occupied home with a small deposit. If you still need help, please click my profile and I will assist you. Good Luck, Bulelwa Freer
Hi Brigida I can email you however I do need you to click onto my profile on Hashching to ensure that I can continue to liaise with you. Regards Karen
HI Brigida - you say you are wanting to build on the Gold Coast - is there going to be a change in employment for your husband?
We are looking coomera, pimpama, coomera waters this areas. We would like around $550.000 in maximum. At moment we are paying $540 week for rent.
Thanks Brigida I am on the Gold Coast, so that could work. What are your monthly repayments on your personal Loan and what are the limits on your Credit Cards and are they fully drawn. Also do you receive Family Allowance. Regards Karen
Hi Brigida How much would you be looking at for your purchase price and what location? I can work some figures from that information and see what you can afford to borrow. Regards Karen
Hi Brigida, There are a number of lenders that will assist you. You will need to pay lenders mortgage insurance due to the loan to value ratio being greater than 80%, however, some lenders will allow you to capitalise these costs into the loan. I would like to know more about your fixed and discretionary expenditure before giving any more detailed advice. You may contact me through my profile details, more than happy to assist you any way that I can. Regards, Ken
Hi Brigida, Could you please advise which state you are in? The first step in contact a broker as we can then assist sourcing lender they will meet your requirements. Please click on my profile and I will contact you to discuss in more detail. You are not wasting your time as this is what we do. Even if you not ready to proceed straight away we can give you guidance to get you in your own home. Regards James Sylvester
Brigida, while the situation sounds complex, it is possible to get a loan. FHB receive additional concessions and flexibility because you are entering the market. Contact me for further help.
Hi Brigida, I can help you - I am doing some construction loans now. You can only get 90% LVR for construction loans. Your rental history will be used as 'savings' by my lender, who is doing OO for me now at 3.65%. I am organising loans for borrowers all over Australia. Look forward to hearing from you via my Profile page. Kindest regards. Lezli
Yes we have a car loan $13000 remain a personal loan $15000 remain and some credit card
Hi Brigida, thanks for your enquiry. I specialise in construction loans and particularly first home buyers. What state are you in? We'd need a few more details before being able to assess what your borrowing capacity is, but in general, yes there are banks who will take your strong rental history into account and you may not need a huge deposit. I'm in WA and would be happy to help further if you'd like. Regards, Ian
Good Morning Brigda. There are lenders out there who can help you including lending 95% + Capitalised Mortgage Insurance and allow you to have the FHOG. Obviously there will be stamp duty savings as well. Key to your borrowing capacity will be the cost of the house and land package and any other debts that you have that you need to service. If you would like to discuss please click on my profile.
Hi Brigida Thank for your question Yes there are lender which can help do you or your husband have any other loans e.g. car boat, Harvey Norman and so on? Do you have any savings? Happy to discuss your requirements and option click on my profile if you would like to discus it Regards Guido
Hi Brigida - Do you also receive Centre Link Income - with the large family you have - Being first home buyers, you are stamp duty exempt as well - In which state are you in - as from 1/07/2017 - different amount of grants are available. Contact me if you wish to proceed.
Good Morning Brigida We specialise in First Home Buyer lending and yes there are lenders out there who can assist. Do you have any additional borrowings, ie personal Loan or credit cards as servicing is very important to the lenders with first home buyers. Just click onto my profile and I can call you to discuss further. Regards Karen
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Glenn
Hi Brigida, I hope you're well? Please get in touch if you still need some help? I have access to over 40 lenders and with the normal information provided for a home loan application I can find you a suitable lender and product to help you reach your dream and goal. Regards. Glenn Rowan