Frequently Asked Questions

<body topmargin=0 leftmargin=0 marginheight=0 marginwidth=0> <table cellpadding=0 cellspacing=0 border=0><tr> <td valign="top" colspan=2 height=90 BGCOLOR="#006699" TEXT="#080000" background="045fd5a3.jpg"> <div> <FONT SIZE="5" COLOR="#000000" FACE="Arial" ><B>FINANCE ANSWERS</B></FONT><B>    </B><B> |     </B><A HREF="index.htm" TARGET="_top" TITLE="FINANCE ANSWERS"><U><B>home</B></U></A></div> <div> <A HREF="id17.htm" TARGET="_top" TITLE="About Us"><U>About Us</U></A>   |   <A HREF="id19.htm" TARGET="_top" TITLE="Contact Us"><U>Contact Us</U></A>   |   <A HREF="id21.htm" TARGET="_top" TITLE="Loan Calculator"><U>Loan Calculator</U></A>   |   <A HREF="id22.htm" TARGET="_top" TITLE="Tips for Obtaining Finance"><U>Tips for Obtaining Finance</U></A>   |   <A HREF="id24.htm" TARGET="_top" TITLE="Specialist Products and Services"><U>Specialist Products and Services</U></A>   |   <B>Frequently Asked Questions</B>   |   <A HREF="id30.htm" TARGET="_top" TITLE="News and Events"><U>News and Events</U></A>   |   <A HREF="id31.htm" TARGET="_top" TITLE="References and Links"><U>References and Links</U></A></div> <div> </div> </td> </tr><tr> <td valign="top" width=210 BGCOLOR="#FFCC66" TEXT="#080000" background="046d2b03.jpg"> <bR> <bR> <div> ...solving your</div> <div> mortgage </div> <div> problems...</div> <bR> <div> ...creating </div> <div> opportunities</div> <div> to build a </div> <div> property </div> <div> nest egg...</div> <bR> <div> ...retire on a </div> <div> tax free</div> <div>  income...</div> <bR> <div> ...release money</div> <div>  from equity</div> <div>  for emergencies </div> <div> or personal</div> <div>                luxury...</div> </td> <td valign="top" height=390 BGCOLOR="#FFFFFF" TEXT="#080000"> <div> <I>Frequently Asked Questions</I></div> <div> <IMG SRC="07396190.png" border=0 width="150" height="25" ALIGN="BOTTOM" HSPACE="0" VSPACE="0"></div> <bR> <div> I am over 65 years old, can I get a loan to upgrade my house to a unit on the Gold Coast?</div> <bR> <div> <B>Absolutely</B>, of course provided some criteria are met in the application. Most people I speak to about this believe that it is just not possible. However, over 70 % of enquiries for this type of loan will be successful.</div> <bR> <DIV ALIGN="LEFT"></DIV> <div> $$$$$$$$$$$$</div> <bR> <div> I have a few blemishes on my credit history. Does this stop me from being able to get finance? Will I have to pay through the nose if I can get finance?</div> <bR> <div> This all depends on the damage that you have done to your record, and whether there are explainable reasons for the default. If there is more than one unpaid default, then the interest rate will begin to rise accordingly. That doesn't mean that you automatically don't qualify. Some other things can come into play also, which can affect the application process positively. Let us have your details (in confidence) and don't leave any <B>nasty surprises for us to find out about later</B>, and we will give you the best advice and the best chance of getting what you need. We will need to assess the situation, and then talk to you about possible scenarios.</div> <bR> <DIV ALIGN="LEFT"></DIV> <div> $$$$$$$$$$$$</div> <bR> <div> We are first home purchasers, and don't have very much deposit. We are renting at the moment, but would like to settle into a home of our own to do some renovations on to improve it. How much can we borrow?</div> <bR> <div> As you will probably appreciate, we cannot give you much information based on the little information provided. We suggest you go to the contacts page and <B><U>fill out the form with as much information as you can</U></B> so that we can give you a realistic figure for you to begin looking for property with. We can have a pre-approval to you within a matter of  hours of us receiving your request, and you may find that you can afford a <B>much better place than you think</B>, even borrowing the full cost of the property.</div> <bR> <DIV ALIGN="LEFT"></DIV> <div> $$$$$$$$$$$$</div> <bR> </td> </tr></table></body>