Thanks richardI live rural remote NSW no access to mortgage brokers locally. Is there anything I should look for when searching for a broker?cheers

Hi .Maybe if I explain my situation.My PPOR is valued at 360K I owe 220K I have split the loan half fixed. I  recently purchased a property for  230k using my PPOR equity as my deposit so I owe 230K the property rents for $280 week and I have interest only loan.(my first mistake cross collaterising loans)We have a combined income of about 180…[Read more]

Thanks Jamiemy only concern would be that I have read its good to use diffrent banks so how would that work? As my current bank holds mortgage over both properties wouls a third bank get involved? cheers Jodie