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Nathan1988
Nathan1988
New Member

Borrowing more on top of my loan
Posted by Nathan1988 Nathan1988

on ‎09-05-2018 02:25 AM

Message 1 of 2 1,100 Views

Hi i am currently abroad and have a mortgage back in Australia.

At the moment i am unemployed but am casually working and paying my mortage by way of renters.

My question is can i borrow an extra 10k on top of my loan and if so how would i go about this?

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LyndsC
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Re: Borrowing more on top of my loan
Posted by LyndsC LyndsC

on ‎09-05-2018 11:38 AM

Message 2 of 2 1,098 Views

Hi @Nathan1988, generally to borrow further funds you would need to be earning a taxable income within Australia. It would be best to speak with a Home Loan Specialist in regards to this. If you can complete this form, someone will be able to contact you and discuss this further.

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© 2019 Copyright Bankwest, a division of Commonwealth Bank of Australia (Bankwest) ABN 48 123 123 124 AFSL / Australian credit licence 234945. All rights reserved. To use this Website, you are required to read the Financial Services Guide (which you agree to be provided by accessing the link). Bankwest is a division of Commonwealth Bank of Australia, which is the product issuer unless otherwise stated. Rates stated are subject to change without notice. Any advice given does not take into account your objectives, financial situation or needs so please consider whether it is appropriate for you. For deposit and payment products, please ensure you read and consider the Product Disclosure Statement (which you agree to be provided through this link) before making any decision about the product(s). For lending products, lending criteria and fees and charges apply. Terms and conditions apply and are available on request.
Bankwest SWIFT code: BKWAAU6P
© 2019 Copyright Bankwest, a division of Commonwealth Bank of Australia (Bankwest) ABN 48 123 123 124 AFSL / Australian credit licence 234945. All rights reserved. To use this Website, you are required to read the Financial Services Guide (which you agree to be provided by accessing the link). Bankwest is a division of Commonwealth Bank of Australia, which is the product issuer unless otherwise stated. Rates stated are subject to change without notice. Any advice given does not take into account your objectives, financial situation or needs so please consider whether it is appropriate for you. For deposit and payment products, please ensure you read and consider the Product Disclosure Statement (which you agree to be provided through this link) before making any decision about the product(s). For lending products, lending criteria and fees and charges apply. Terms and conditions apply and are available on request.