woodymelbourne

Hi Steven, Most lenders prefer at least 10% although there are always some that may go to 5%. Usually the lower the deposit and therefore LVR (loan to value ratio) means a higher interest rate. There is a government scheme that allows you to have a minimum 5% deposit and they act as the guarantor for the 15%, there are obviously conditions involved. It's a challenge to be able to purchase from day 1 as lenders need to see you can service the loan which means having a job for a minimum of 3 months, usually 6. You can certainly use a smaller deposit but anything under 20% would mean you would pay lenders mortgage insurance (LMI) on top of the purchase price and other fees. Feel free to email me or reply with any other questions. Thanks Tom- Alliance financial group twood@afgfin.com.au

Hi Ashley, I'm a mortgage broker down in Melbourne. A realistic timeline to purchase is probably around 6-12 months based on the following: - Most lenders require a minimum of 6 months pay slips, although a few will accept 3 months. - Time taken to find and settle on a property (Usually 30-120 days) Anyway, I hope that helps a little. Thanks Tom- Alliance financial group twood@afgfin.com.au

Hi Genene, Thank you for posting this question. In regard to the equity, no you wouldn't be able to use this, you'd have to sell the property and use the funds. In terms of the rental income, yes, there are lenders that will accept overseas (certain countries) rental income for servicing. It can be 80% of the total income minus currency adjustments (different lenders will have different %). You'd need to have it showing on your Australian tax return though. I hope this answer helps, feel free to get in touch if you have any other questions. Thanks Tom

Hi All, I haven't posted on here for a long time but here goes. The wife and I have been In Melbourne now for over 10 years, so I know what it's like to network and find new contacts. I'm a mortgage broker based in Melbourne so wanted to offer any help needed with finance / loans. Whether that's just asking a question, or you need help with a loan when you're finally over here (ozwide) Thanks Tom twood@afgfin.com.au

Cool, no worries. Yes Marco is in charge of our website.

Hi we are training on the synthetic pitch in Albert park at the moment. Our pitch has been taken over for the Grand Prix. on Tuesdays we train from 7- 8:30ish and on Thursdays 6-7:30 your welcome to come along see how you go Cheers tom

Hi mate! your more than welcome to come along to training when you arrive. Your best to contact me nearer the time as to where training is as we're affected by the Grand Prix . It will still be in the park tho. our first league game is on the 21st march so you won't have missed much. i look forward to hearing from you nearer the time cheers tom

Hi im a member of albert park soccer club. We're currently looking for players for next season, starting around the end of March. We play in state league 5 which is the lowest league on a saturday so the standard isn't massive but very competitive. We have a first and reserve team and are starting junior teams as of this season. i am reserve team manager this season so if you fancy joining us or just want to come to training to see how it is, feel free to message me on here. We train twice a week on Tuesdays and Thursdays. We're in a bit of a rebuilding phase so are encouraging a more social feel to the club and are planning a few events throughout the year to make new friends and socialise. cheers tom

I got issued a case officer today. I applied onshore on august 4!

Hi i applied for my 189 skilled independent visa around 3 weeks ago. I'm currently in oz on a WHV. I just wanted to know if anyone else has applied onshore? And to speed up the process what I can do? Is it worth doing a police check etc before being assigned a case officer? any help would be greatly appreciated! Thanks tom

I submitted an EOI and two and a half weeks later received an invitation (Monday!) I had 60 points.

Hi i have received an invitation to apply for the 189 today i have a few few questions I hope someone can answer. 1: once you start applying, do you have to pay the fee straight away? 2: with regards to medicals and police check, do you need these completed in within the 60 day period? 3: what's involved in the medical? I'm applying in Australia and have already had the chest x-Ray. Thanks in advance tom

Thanks for the replies. Yeah I guess I could. I got two 7's and 2 8's so I could redo those if it helps.

Hello so I want to apply for my 189 skilled independent visa soon. Obviously I need to do an EOI. Does anyone know how long an invitation to apply takes after an EOI? I'm a carpenter, will have 60points only, not sure if that matters. thanks tom

Yes the 189. My overall was 8 but my scores were 9,7,7,8.5. I'm wondering wether I'll get 20 points or 10? Thanks for the replies

I got my IELTS result today. Do they go on the overall band score or the individual marks? Cheers

Er I did read it. I didn't need anymore! I was just stating what I was told before I posted this thread, hence actually posting it! To get some clarification. Think you need to chill a bit!

Thanks for the replies. I do want to stay, however I just wanted clarification on what would happen if I needed to go home at any point. I've been told before that you have to stay for a certain time period before you can leave and reenter etc

I'm currently looking into the skilled independent visa. I can't find on the immi website any info on the conditions of the visa when granted. basically what I want to know is, do you have to stay in oz for a certain time period after the visa is granted? And if you do how long after not being in oz would it become invalid? just general questions, if anyone can help me that would be great thanks tom

not sure. had a couple of replies but still waiting for my last question to be answered. thanks for the advice. like i said we're willing to do anything farmwise for our second year, the nearer the city the better. is there much harvest work in your area?

Hi thanks for the PM. We havent got anything concrete yet. i have just seen a job on gumtree and emailed a guy about strawberry picking. We would like to stay as close as possible (obviously still in the regional postcode) to the city, as we have friends living here. We're looking for three months work, to extend our visa. we plan on staying in melbourne for the majority of the time we're here. we arrive on the 30th october, looking to start asap. we plan on buying a car also so should be ok to get around. Any insider info would be greatly recieved!

myself and my girlfriend are over on a whv in october and have potential work in wandin north for 3 months. we plan on moving back towards the city after. i was just looking for some advice from anyone who knows of accomodation (cheap ish) around this area or bayswater area? thanks in advance tom

me and my girlfriend are heading out in october. we booked our flights in june and recently got our visa approved. as already stated the only way you might have a hiccup is if you dont have the funds if questioned at immigration. its not worth the risk, having been to oz twice before i know what they are like when you arrive!!