NLIC.org

Sherry Said:

Can I move to Australia?

We Answered:

Get a working visa first and then when you are over there try to apply for immigration. Get someone to sponser youwhen your over there. Now that the Labour Government are in power they are more lenient with immigration so now is the best time to give it a go.i

Lois Said:

Prove you can save for 3 months in order to get Home Loan?

We Answered:

Most lenders require you to have at least 3 to 5 percent deposit to put towards your home. Apart from government grants your deposit will either come from your savings, the sale of an asset or gifts from family members.



For most lenders you will have to show genuine savings. Genuine savings is showing that you can save money over 3 to 6 months to prove that you have the capacity to pay your loan. Some lenders will accept rent paid but you will have to show some evidence that you can afford to make your loan repayments.



On top of your deposit your will need to cover state and government taxes which can be as much as 5% of the purchase price. Some states offer significant concessions on their charges and it would be best to contact your state revenue office for this information.

Beth Said:

Can I immigrate to Australia?

We Answered:

YES!! you can Emigrate, hope they don't give you an intelligence or spelling test.

Catherine Said:

Would a mortgage in NZ affect my loan application in Australia?

We Answered:

The best thing you can do, is be upfront with your lender. If they find out that you have lied on your application, why would they trust you with their money?
Because you have a commitment to pay the loan in NZ, that will affect what you can borrow in Australia. Are you receiving rental income for the NZ house, if so, that will help offset the debt and would increase your borrowing power. Additionally, if you have loan statements for that house, you can show these to the lender, to confirm that you meet your commitments and make your payments on time. The NZ house will also strengthen your personal balance sheet by showing an asset, offset by the loan.
Ask for clarification from the lender, regarding the lenders mortgage insurance being declined.

Kimberly Said:

How do I get rid of an abundance of Australian Mortgage Broker Appointments?

We Answered:

Hi Grant,

I would be able to take a number of them off your hands. Please check my web site below and email me from there.

James

Lori Said:

Becoming a Mortgage Broker in Australia?

We Answered:

Just see if this helps you.

http://mortgages-finance.awardspace.com/

Thanks.