Hi SarahMight like to search previous posts as Melton has been a running thread here and on other forums for some years.

Try www.vedaadvantage.com

Richard you want to make sure you hedge your currency position.I agree although no need if the loan is in USD and the repayments are also in USD and the funds kept over there.

Certainly it legal to both onsell a wrap deal and refinance (subject to the wrappees caveat) however i agree why would the current wrappees not look to buy you out if they have been there for 6 years.I assume the property has increased i value over the term of ownership.Also i assume you would be selling a Company rather than the property as any…[Read more]

For No Doc between 9-11%.For Lodoc 5.5% – 6.5%

Hi BernardYes for Nodoc 75% Max lvr and the rate is ugly.80% Lodoc available but the Rural part will scare most lenders and mortgage insurers off.90% No Gen Savings is fine but you will need financials.All boils down to the Post Code and what you can show.

Dont worry guys a representative of Park Trent will probably complain and have your posts edited shortly.

The SGB special ends tomorrow.

With that amount of equity there is a lot options available so if your own current Bank doesnt offer you what you want I would be getting your Broker to try another lender.However in the meantime as Terry has mentioned it is probably more important to restructure the current loan to maximise your savings. Interest only with 100% offset is the way…[Read more]

Given that they dont offer an Offset account i wouldnt have taken out the loan with ING in the first place but given that you are already committed as Terry all depend on your perception of short and merium term interest rates,

Hi EddieAround 100-120 a week at the moment.Might have to close the doors and catch up on some work shortly.

No dramas Paul hope it was useful.

Hi DenisYes sure. Drop me an email and be happy to assist.

Probably but wont be done at residential rates.

Hi DenisI would be deciding that now as most lenders will not do 95% unless you are an existing customer so you need to decide now and do your saving with this lender.By the 95% Interest only maybe not be achievable in the current climate and also need to look carefully at St George so called 100% offset account

Think the mortgage insurers might have something to say about that but i agree in some ways Credit is getting easier and in others ways > 80% lvr it is almost impossible.

Hi PranayIf you funded the deposit by way of a redraw you maybe too late to claim the interest as a Tax deduction.I think i would be speaking with your mortgage broker rather quickly as you should have cancelled the redraw and taken out a new loan to cover the deposit etc.

Andy i agree but still hard to finance depending on the actual size.I have a couple in a large block which I own in Taringa and I wish every unit in the block was a 1 bedder rather than 2 bedder.

Yes it will reduce your expenses on your ppor by offsetting some of the expenses but unfortunately will open up the PPOR to possible Capital Gains Tax issues.

Financing small units on a high lvr is almost impossible these days so need to be careful when you come to sell the property as other buyers will have the same issue.