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  • Profile photo of YoungInvestorYoungInvestor
    Participant
    @younginvestor
    Join Date: 2003
    Post Count: 377
    February 29, 2004 - 5:43 pm

    Is 10 yrs the longest IO period available in OZ currently?

    Thanks,
    Steve.

    “Knowledge is Power”

    Profile photo of woodsmanwoodsman
    Member
    @woodsman
    Join Date: 2004
    Post Count: 714
    February 29, 2004 - 11:56 pm

    Steve,
    I have seen 15 (I think St George), but I am sure there are many others.

    James

    Profile photo of FYIFYI
    Member
    @fyi
    Join Date: 2004
    Post Count: 27
    March 2, 2004 - 6:22 am

    Steve,

    You know, in reality there are interest only facilities you can obtain where if your account conduct is fine, the facilities will be renewed every year.

    [:)]

    [email protected]

    Profile photo of Mortgage HunterMortgage Hunter
    Participant
    @mortgage-hunter
    Join Date: 2003
    Post Count: 3,781
    March 2, 2004 - 6:38 am

    An LOC is IO for as long as required.

    Simon Macks
    Mortgage Broker
    http://www.mortgagehunter.com.au
    0425 228 985

    Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

Viewing 4 posts - 1 through 4 (of 4 total)

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