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rockney

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    rockney started the topic New lending rule – calculating repayment on existing loans in the forum Help Needed! 8 years, 10 months ago

    Hi all,
    I recently have an investment loan application rejected by one of the big 4 bank, due to fail in servicing. The application was submitted via my broker and she later told me that the lenders currently have very strict lending rule due to government’s new legislation, that they are unable to accept actual repayment on the existing loans to…[Read more]

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    rockney replied to the topic On the way to buy my 2nd IP – questions on refinancing in the forum Help Needed! 13 years, 6 months ago

    Thanks for the repliesMatthew, by setting up a separate split loan, would the interest payable for the 24k be in the same interest rate as my 1st IP loan? Also, what is your thought on setting up a trust for my IPs, in terms of assets protection, as my goal is to grow a multiple properties portfolio?Terry, I don't quite understand about your view…[Read more]

rockney

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