Mortgage info
#1
Mortgage info
Hey guys. I have a quick morgage question.
When we move to Oz, and assuming we both had jobs, how soon would it be possible to get a mortgage on a property? Is it a case of building up a credit rating? if so, what is the best way to get a credit scoring. I would have said get a credit card. Are the credit card companies so forthgiving in Oz as they are in the UK?
Can you buy a house even though you only have a work visa?
Thanks folks
When we move to Oz, and assuming we both had jobs, how soon would it be possible to get a mortgage on a property? Is it a case of building up a credit rating? if so, what is the best way to get a credit scoring. I would have said get a credit card. Are the credit card companies so forthgiving in Oz as they are in the UK?
Can you buy a house even though you only have a work visa?
Thanks folks
#2
Re: Mortgage info
Originally Posted by Australia Bound
Hey guys. I have a quick morgage question.
When we move to Oz, and assuming we both had jobs, how soon would it be possible to get a mortgage on a property? Is it a case of building up a credit rating? if so, what is the best way to get a credit scoring. I would have said get a credit card. Are the credit card companies so forthgiving in Oz as they are in the UK?
Can you buy a house even though you only have a work visa?
Thanks folks
When we move to Oz, and assuming we both had jobs, how soon would it be possible to get a mortgage on a property? Is it a case of building up a credit rating? if so, what is the best way to get a credit scoring. I would have said get a credit card. Are the credit card companies so forthgiving in Oz as they are in the UK?
Can you buy a house even though you only have a work visa?
Thanks folks
YES.
I had credit card waiting for me on arrival at Oz even though on a 457/temp 3-yr working visa
Andrew
#3
Re: Mortgage info
I bloody searched the old threads and never saw that. Sorry folks i know it's a pain in the arse when old topics get covered over and over.
Thanks Andrew for bringing that to my attention.
Thanks Andrew for bringing that to my attention.
#4
Joined: Mar 2004
Posts: 123
Re: Mortgage info
Originally Posted by Australia Bound
Hey guys. I have a quick morgage question.
When we move to Oz, and assuming we both had jobs, how soon would it be possible to get a mortgage on a property? Is it a case of building up a credit rating? if so, what is the best way to get a credit scoring. I would have said get a credit card. Are the credit card companies so forthgiving in Oz as they are in the UK?
Can you buy a house even though you only have a work visa?
Thanks folks
When we move to Oz, and assuming we both had jobs, how soon would it be possible to get a mortgage on a property? Is it a case of building up a credit rating? if so, what is the best way to get a credit scoring. I would have said get a credit card. Are the credit card companies so forthgiving in Oz as they are in the UK?
Can you buy a house even though you only have a work visa?
Thanks folks
Credit card no problems just keep a reasonable limit on it, if you go to high the lenders ask you to reduce it, but if you pitch in around 10,000 dolar limit that'll be fine.
Just make sure you have lots of information to give to them the more info from UK the better it just makes them feel more comfortable with you. the system here is very user friendly far more so than UK and don't forget you're a first time buyer in Australia so you get $7,000 to help pay for solicitors etc from the government and here in NSW there's no stamp duty on property under $500,000.
#5
BE Forum Addict
Joined: Dec 2004
Location: A land far far away
Posts: 1,149
Re: Mortgage info
Contact Nik Silsby at Loans Cafe [email protected] he will help you. (No charge obviously)
#6