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Home loans??????????

Discussion in 'General Discussion Forum' started by Dan, Mar 10, 2008.

  1. Dan

    Dan Administrator Staff Member Administrator 2016 Tipping Competitor

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    Soooooooo,

    Am looking for a home loan guys, I know i I have a few ****s...I mean mortgage lenders and bank managers here, so looking for some earnest advice.

    Should we go for what I am thinking

    Rams or Aussie

    or go directly to the banks. Your honest and speedy advice would be appreciated.

    Dan
     
  2. Fro

    Fro Well-Known Member

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    Cmon Rhino lets see your magic :)

    for all your YARTS you have a handle on this stuff.
     
  3. The Gronk

    The Gronk Well-Known Member

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    the non banks are harder hit by the 'sub-prime' crisis than the banks....theoretically. 
     
  4. clontaago

    clontaago Well-Known Member

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    Dan I am with Homepath. They are a commbank subsiduary.

    Good rates because they dont have branches, its all online and they are backed by a large Aussie bank so no problem as far as sub prime issues that you get with Rams and Aussie. Stay well clear of Rams is my advice.

    The service from Homepath has been nothing short of sensational. Whenever I call I tend to get the same person (over a year still) which is great.
     
  5. byso

    byso Well-Known Member

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    I'm with Wizard..... But Ryan sure is a c**t worth talking too.

    And Mellonhead may be able to help you out as well.
     
  6. Garts

    Garts Well-Known Member

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    I am with NAB, although no real advice from my end.  I guess they will all screw you in the end.
     
  7. Guest

    Guest Guest

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    RAMS has gone bust and is now owned by Westpac and Aussie's own products are useless as they reply on 100% funding from markets which have essentially closed or if they can obtain funds are very expensive (and the consumer pays of course).

    Rather than approach the Bank's direct send me an e-mail for what you are looking at doing and I will provide you with some info.     
     
  8. clontaago

    clontaago Well-Known Member

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    I'm still waiting for my All Black....
     
  9. Dan

    Dan Administrator Staff Member Administrator 2016 Tipping Competitor

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    email sent cheers Tookey
     
  10. byso

    byso Well-Known Member

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    I'm still waiting for my All Black....
    [/quote]

    Are they called "all blacks" now?
     
  11. Matabele

    Matabele Well-Known Member

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    I'm still waiting for my All Black....
    [/quote]  LOL  He hasn't even switched codes! 
     
  12. Fluffy

    Fluffy Well-Known Member

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    advice i will give you is read everything in details and expect mistakes. Tookey helped us out and seemed to know his stuff.

    Also i would recommend a solicitor rather than a conveyencer, i have some friends who wished they had.

    As for which solicitors, up to you but hopium is a few hundred cheaper than most apparently and didnt stuff ours up, nor ours friends. Pm me if you want the contact details.
     
  13. Dan

    Dan Administrator Staff Member Administrator 2016 Tipping Competitor

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    The problem is I am buying in QLD rather than NSW and need a solicitor who knows their QLD laws.

    But if she can help I would be more than happy to accept it.

    Dan
     
  14. clontaago

    clontaago Well-Known Member

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    Sorry Fluff but have to disagree there. I have bought a couple of places now and have used a conveyancor on every occasion. Total cost was about $400, had a solicitor tell us it would be around the $1000 mark.

    Conveyancing is also quite straight forward. You dont have to be a genius to read your way through and understand a purchase agreement.  
     
  15. fLIP

    fLIP UFO Hunter

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    http://www.conveyancingworks.com.au/
     
  16. Fluffy

    Fluffy Well-Known Member

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    I dont disagree that a conveyancer is cheaper but they defeinatly **** up more often. You can get quite burnt if they **** up. That said im sure there are plenty of good ones out there and there are solicitors that **** it up as well but you have to way up the added risk. I was purely speaking from experiences with my friends, out of the 4 people/couples that have purchased the only **** up was the conveyancor, cost them more than the difference in costs. I dont expect Dan to just take my word but use the general responces to help his descisions.

    As for qld laws ill ask but you may be right Dan, certainly some of the schemes etc are different.
     
  17. Guest

    Guest Guest

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    You definately need to use someone from QLD either a solicitor or conveyancer.

    Usually the agent you purchase from will recommend someone and they are usually Ok as the agent doesn;t want their purchase stuffed up in any way.

    Once they do give you a name then call another couple of well known agents in the area (Ray White etc) to get their recomendations as well to see if they refer the same people.
     
  18. clontaago

    clontaago Well-Known Member

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    When are you moving?
     
  19. Dan

    Dan Administrator Staff Member Administrator 2016 Tipping Competitor

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    It all depends on when we get a place.

    A place we want goes to Auction next weekend and settles 30 days after so anytime within there but the hope and aim is to move up in or around october
     
  20. fLIP

    fLIP UFO Hunter

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