as a self-employed with my wife as partnership, how to maximum my borrow capacity as banks lending restriction trends to be hard

Hi Richard,

To be honest, I have already been regret to change my interest only 100% offset to 2 year fix as I thought 3.88% is attractive, but for a long run, it won’t be helpful, i definitely change to variable rate when is finished.

Hi Richard,

thank you for your response.

what do you think of the strategy of only pay for interest for owner-occupied home, and put the money in the offset account? is it better for future investment property? how about line of credit loan? how it works? very confused when I watched people talking about? will LOC help pay off mortgage faster…[Read more]