Does anyone have a preferred lender for the usual hybrid trust situation? ie, special income unit holder borrowing funds to buy units in the HT, which the trust then buys an IP.
Also, what LVR is common? 80%, 90%, more?
Queensland would be preferable.
Hi trajik,
You can try Source Finance Group (www.sourcefinancegroup.com). They are based in Southport, QLD.
I have financed few properties in a trust structure with them.
Hope this helps.
Sanjiv“There is no passion to be found playing small – in settling for a life that is less than the one you are capable of living.†– Nelson Mandela
Trajik
95% is quiet achievable.
Feel free to email me and I can give you a list of lenders that may suit you.
Cheers
Richard Taylor
Residential & Commercial Finance Broker.
Licensed Financial Planner. Ph: 07 3720 1888
[email protected]
Looking for life cover – We Guarantee to beat any quote you have in writing.Richard Taylor | Australia's leading private lender
St George is very good with hybrids as are Mqcquarie. Bankwest can be good in some circumstances, but they usually want too many guarrantees. ANZ – it depends on who you get assing the loan there.
Terryw
Discover Home Loans
[email protected]
Send an email to get my newsletter.Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
Email MeLawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au
Thanks for the responses guys
You must be logged in to reply to this topic. If you don't have an account, you can register here.
