MegWithout fishing for your business (promise i dont do that or need to) if you want to shoot me an email with what you are after i am happy to come back to you and give you some suggestions and then you can go direct to the lender if that helps.

Hi Abbruzzi MB certainly does not seem to be putting your interests first on this one.

We have a Commercial trade account at Harvey Norman and seem to pay a fraction of the price of the RRP.Admitedly we buy a few but still the savings are well worth checking out.National backed name, service and price competitive.

TuggerIt is called marketing.All Wizard did was try and make polictical mileage over the anticipated RBA cut in the official cash rate which is anticpated to be announced tomorrow afternoon. From what i can make out the initial cut is only for new applications which they now will not get drawn down for 30 days at the earliest. For existing clients…[Read more]

Hi MaggieThankfully this is incorrect It is the purpose of the origional loan which determines that it is tax deducible or not. You are half right. When the property is offered for rent the interest on the balance is available to deduct for tax purposes. If however you have redrawn or refinanced then only the original balance can taken into…[Read more]

AbbruzziI have re read your post twice and not sure whether YOU understand what you are trying to achieve.Depending on the terms and conditions of the Dragons fixed rate loan will determine whether you are able to make a partial discharge and even if you can whether it is viable to do so.Dont get swept up in the euphoria of uncrossing the…[Read more]

Hi VuckoWelcome to the forum and I hope you enjoy your time with us.Even a Deposit Bond provider will require you to show satifactory serviceability as they wil be the ones fronting up with the deposit to the Vendor in the event that you are unable to obtain finance and eventually not settle on the property.Either way there maybe a option or two…[Read more]

Hi LnmIn addition to the entity that you intend to use to purchase your IP's you should also start considering how you will structure the financing of these acquisitions as not ever lender will be upto date on Trust or Investment structures and the terms and conditions will differ greatly.Obviously depending on your personal circumstances with…[Read more]

Hi AegcpWelcome to the forum and I hope you enjoy your stay with us.One thing I would certainly suggest is that you do not put all of your deposit (less of course acqusition costs) into the deal and on the basis that you have $40K only would strong suggest that you look at a 95 or even 100% IP loan and then utilse a 100% offset account to give you…[Read more]

MeganAll of the Big 5 Retail Banks offer a Pro Package of some sort but the terms, conditions and benefits vary considerably.It is very much a horses for courses type product. If you have 1 property and cant see yourself buying anything else then probably not for you. I have many clients with dozens of properties under the 1 package (some lenders…[Read more]

Sure Sandy shoot me an email anytime and I would be happy to answer it.

Thankfully i wont use RAMS anymore but from memory i think you will find it is only available on their First Home Buyers Loan these days.

Sandy100% finance with no other equity or other assets might prove a little harder than you think.Couple of lenders left in this market and they are very picky. Especially when it comes to the security property, post code and your asset backing.

Common guys before we completely knock off outfits like this I am sure there is value in paying an upfront membership fee.Maybe when my information pack arrives it will tell me in it what the benefits are and I can enlighten you all.Although given the time

Common guys before we completely knock off outfits like this I am sure there is value in paying an upfront membership fee.Maybe when my information pack arrives it will tell me in it what the benefits are and I can enlighten you all.Although given the

Common guys before we completely knock off outfits like this I am sure there is value in paying an upfront membership fee.Maybe when my information pack arrives it will tell me in it what the benefits are and I can enlighten you all.Although given

Common guys before we completely knock off outfits like this I am sure there is value in paying an upfront membership fee.Maybe when my information pack arrives it will tell me in it what the benefits are and I can enlighten you all.Although

Please totally ignore the above post as I appear to have posted it in response to another question.

Common guys before we completely knock off outfits like this I am sure there is value in paying an upfront membership fee.Maybe when my information pack arrives it will tell me in it what the benefits are and I can enlighten you all.

Hi AirFirstly welcome to the forum and i hope you enjoy your time with us.May i ask you why you wish to pay the home loan off as quickly as possible. Certainly you want to structure your loan in such a manner that you reduce the non deductible interest but remember once you pay off the principal you loose flexibility and the option down the track…[Read more]