PropertyInvesting.com | Finance Broker | Activity https://www.propertyinvesting.com/members/kathlenee/activity/ Activity feed for Finance Broker. Mon, 13 Apr 2026 05:43:41 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 d61a1a9f8591108f29d73d236502f437 Finance Broker replied to the topic How to untangle a tricky web in the forum Finance https://www.propertyinvesting.com/topic/4409744-how-to-untangle-a-tricky-web/#post-4991709 Fri, 13 Jun 2014 01:47:03 +0000 Yep definitely dont think you can get away with not having to pay LMI again if you switch to another lender. It doesnt make sense that you could as LMI insures the lender. So different lender new LMI which is cost passed onto you. if you stay with the same lender then you have already paid their insurance premium and therefore a change in…[Read more]

]]> 1807b7cb3cb1715ccb7c6b27a0f6f015 Finance Broker replied to the topic Cross Collateralizing in the forum Finance https://www.propertyinvesting.com/topic/4991057-cross-collateralizing-2/#post-4991333 Tue, 03 Jun 2014 04:04:36 +0000 Hi,

I would like to point out a benefit of cross collateralising. If a set of properties are cross collateralised there are certainly cons if property values go down in value. But what if they go up?

No SALE scenario:
If a cross collateralised set of properties go up in value and especially if one of those properties are owner occupied or PPOR…[Read more]

]]> 14ab2240f3591cd1a2d13ed9446cc8a2 Finance Broker replied to the topic Personal Loan to Supplement Offset?? in the forum Finance https://www.propertyinvesting.com/topic/4990517-personal-loan-to-supplement-offset/#post-4990747 Tue, 20 May 2014 01:57:43 +0000 Hi se7en,

I only recently realised you are talking to me:) need to get used to this. Finance Broker or Kathlene is fine.

If your mortgage is currently for a rental property I would say the tax savings you get on the interest paid would outweigh the expenses on the personal loan that may/may not be tax deductible. In terms of financial cost…[Read more]

]]> bc860b68419953d991bae8f7a195d355 Finance Broker replied to the topic Personal Loan to Supplement Offset?? in the forum Finance https://www.propertyinvesting.com/topic/4990517-personal-loan-to-supplement-offset/#post-4990581 Fri, 16 May 2014 01:21:58 +0000 I would concur to pay off the personal loan to increase serviceability. Although I did have a personal loan once on a flat rate and paid it off early with no penalties. So worth finding out what your terms are on the flat rate.

]]> de56f4706ada832efda5dcdb2c2a334a Finance Broker replied to the topic Recommendations for a good mortgage broker in Inner Western Sydney in the forum Finance https://www.propertyinvesting.com/topic/4990505-recommendations-for-a-good-mortgage-broker-in-inner-western-sydney/#post-4990545 Thu, 15 May 2014 03:13:15 +0000 That’s fine Jamie. Thanks for the note. It does seem a little hostile here though. I’ve been thumbed down for stating my point of view in other threads. It seems like this is the Big Boys club and somewhat discriminating towards new members.

]]> a5b3ea7744000e3efd667e709742ed2d Finance Broker replied to the topic Recommendations for a good mortgage broker in Inner Western Sydney in the forum Finance https://www.propertyinvesting.com/topic/4990505-recommendations-for-a-good-mortgage-broker-in-inner-western-sydney/#post-4990525 Wed, 14 May 2014 19:42:57 +0000 I can see you are a well established user and member of the site Richard. And I’m sure its doing well for you. 10k in posts? Its in full view for everyone to see. I’m not pretending to be someone I’m not. I’ve identified myself as being new to the forum and I was merely responding to this persons request for a broker. No need for you to contribute…[Read more]

]]> e2e35a1956ebe4ef19b8872e267b49d8 Finance Broker replied to the topic Recommendations for a good mortgage broker in Inner Western Sydney in the forum Finance https://www.propertyinvesting.com/topic/4990505-recommendations-for-a-good-mortgage-broker-in-inner-western-sydney/#post-4990512 Wed, 14 May 2014 08:26:53 +0000 Hi,

I’m a broker too. New on the forum. You are welcome to check out my profile on linkedin (link is in my signature below). Sorry I dont have a recommendation for anyone in Sydney but have done a few interstate deals myself. Some of my clients moved over there and have stayed with me. Because we haven’t met you will have to send me certified…[Read more]

]]> 875cee0eba1292452753ffa9735ea6d3 Finance Broker replied to the topic Increase borrowing capacity in the forum Finance https://www.propertyinvesting.com/topic/4990289-increase-borrowing-capacity/page/2/#post-4990502 Wed, 14 May 2014 04:27:53 +0000 Yes that’s right but so will Macquarie.

]]> 2eb738bbe471840d575a7ef7b9c9a72b Finance Broker replied to the topic Increase borrowing capacity in the forum Finance https://www.propertyinvesting.com/topic/4990289-increase-borrowing-capacity/page/2/#post-4990482 Wed, 14 May 2014 01:20:16 +0000 AMP does take actual repayments into account. I would say there could be other things that could affect your servicing at AMP. Like postcode of the property. If it is in high density or regional areas you could be looking at less rental income taken into account sometimes only 50% is acceptable. This could affect you with any bank however so you…[Read more]

]]> c5b16d59dabde20486f970a55aad7fc6 Finance Broker replied to the topic Increase borrowing capacity in the forum Finance https://www.propertyinvesting.com/topic/4990289-increase-borrowing-capacity/page/2/#post-4990456 Tue, 13 May 2014 06:50:46 +0000 I’ve just spoken to Macquarie and got confirmation that they will consider foreign income. Payslips, bank statements and tax returns will be needed to confirm whether it is acceptable and as i mentioned before strength of the overall deal. Since you are planning to stay within 80% LVR, John, I would recommend Macquarie as an option for you to…[Read more]

]]> d027723448522151860683da3f8e005b Finance Broker replied to the topic Increase borrowing capacity in the forum Finance https://www.propertyinvesting.com/topic/4990289-increase-borrowing-capacity/#post-4990451 Tue, 13 May 2014 04:41:40 +0000 Doesnt anyone else use Macquarie? They can be as flexible as AMP within their DUA policy. I just did one this year for another investor with a hybrid trust setup. He just got his 11th property on portfolio using MACQ. He did not have the other properties with them yet. No foreign income though. I’m meeting up with Macq today and will find out…[Read more]

]]> 3ba3b4fb3899e7e0c9f124e8ec7552e2 Finance Broker replied to the topic Increase borrowing capacity in the forum Finance https://www.propertyinvesting.com/topic/4990289-increase-borrowing-capacity/#post-4990448 Tue, 13 May 2014 02:40:12 +0000 Hi John,

Read this regarding Delegated Underwriting Authority (DUA). Explains everything you need to know including how it can help you.

Delegated Underwriting Authority

]]> 037678eeb255165c00bfb0e77524a8ce Finance Broker's profile was updated https://www.propertyinvesting.com/activity/p/291170/ Tue, 13 May 2014 00:39:07 +0000 f0063efdfc0f9be72d59a7d07d7b93ed Finance Broker replied to the topic Increase borrowing capacity in the forum Finance https://www.propertyinvesting.com/topic/4990289-increase-borrowing-capacity/#post-4990442 Mon, 12 May 2014 23:55:40 +0000 Hi John,

with 2) Each bank sees your setup under a discretionary trust structure as one. So setting up multiple discretionary trust structures and going back to the same bank will not do any good as they see you as the same guarantor on all the investments. The trust structure protects your assets and does not protect the bank. Whether you setup…[Read more]

]]> 8f4389fa3381444f3d24e239d69fb492 Finance Broker replied to the topic Increase borrowing capacity in the forum Finance https://www.propertyinvesting.com/topic/4990289-increase-borrowing-capacity/#post-4990413 Mon, 12 May 2014 08:59:26 +0000 Hi John,

There are 3 issues to deal with here.
1) Allows foreign income. Chinese RMB

2) The debt ceiling. With any one lender this is usually around 2M. Sometimes less.

3) A lender that will be comfortable accepting a discretionary trust setup as the borrower.

You may have to spread out the purchase of 2 lenders possibly 3. As you have 5IPs…[Read more]

]]> 1698dccd7d7c50a9ed3c6fb8c46f9da7 Finance Broker changed their profile picture https://www.propertyinvesting.com/activity/p/291119/ Mon, 12 May 2014 08:03:40 +0000 494ee27882345b886f72eb2bc4f83fe0 Finance Broker became a registered member https://www.propertyinvesting.com/activity/p/291117/ Mon, 12 May 2014 07:54:29 +0000