Fordo81Participant@fordo81Join Date: 2015Post Count: 0
Do I need to disclose foreign investment property debt to the banks in Australia when applying for a mortgage for an Australian investment property? It seems very unfair the banks look at foreign investment debt but not the rental income.mj23001Participant@mj23001Join Date: 2012Post Count: 9
Depends if the bank/lender is aware of your international activities. In some cases, it may be beneficial to keep those details out of the application.Richard TaylorParticipant@qlds007Join Date: 2003Post Count: 11,975
may be beneficial to keep those details out of the application.
But of course would be mortgage fraud not to disclose.
Yours in Finance
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