At a time when many lenders are scaling back their operations, Liberty continues to offer its award winning specialty lending solutions.
Whether it is a residential or commercial property, Liberty offers a wide range of products to suit your mortgage needs.
Liberty Residential Mortgages:
Visit www.mycreditfile.com.au online there are 2 options.
For $27.00 including GST (April 2008) Veda will dispatch a copy of your credit file within one working day via email, fax or mail.
If you have a little more time to spare then choose the free service and a copy of your credit file will be dispatched to you within ten working days free of charge.
Most lenders offer up to 70 percent loan to value ratio for commercial property.
This assumes the application is a full documentation application. There are commercial property lenders offering to lend up to 85 percent of a commercial properties valuation for full doc applications.
Low doc commercial property applications usually limit the maximum loan loan amount to 65 percent of the properties valuation or purchase price, whichever is lower.
Premium No Doc - no financials required
The Homeloans Ltd Premium No Doc is best suited to borrowers who are self-employed or full-time investors who are unable to provide extensive financial statements or taxation returns.
Key features include
There are lenders who will package your loans for one combined home loan package fee so additional home loan fees are avoided for each separate loan account held with that lender.
Additional discounts may even be available dependant on the total overall home loan amount and the lender in question.
A downside to having all your home loans with the one lender could be a lack of flexibility if you ever need to refinance or access accumulated equity in your existing investment properties for further investment purposes.
House prices are headed for a fall according to a news.com.au article which claims Sydney house prices could fall by as much as 30 per cent in the next two years, economists say.
On the other hand a media release from forecaster BIS Shrapnel is predicting growth over the coming years for inner city apartments in Sydney.
Andrew Donnelly of Branxton Chase today commented on residential vacancy rates across Melbourne which have been falling consistently over the past year and are now sitting at record lows.