I see…that makes sense – when I’ve been looking at the loan ratings on the cannex website, there seemed to be a lot of the CUs and non-major lenders who do offer offset accounts, but you’re right, they don’t mention exit fees and MI…might be ok for a home loan, but doesn’t seem very flexible for an IP..

Thanks Terryw!

kat

Hi v8,

excuse my ignorance, but why ‘run a mile from mortgage managers or originators, and even more so credit unions!’?

There is a lot I need to learn about this investing business…

Cheers,
kat