Generally, how are the financial institutions currently treating requests to increase existing lines of credit ? For instance, if I wanted to increase these to 75% LVR, how should I expect them to react to such a request ?
TerrywParticipant@terrywJoin Date: 2001Post Count: 16,110
- This topic was modified 2 months, 1 week ago by Property Buyer.
I’m not familiar with cash out restrictions. How do they typically work and what do they involve ?TerrywParticipant@terrywJoin Date: 2001Post Count: 16,110
banks basically don’t want to give borrowers borrowed money without a purpose. Small amounts may be ok, but larger amounts they will want to know what you are going to use the money for and they may want evidence too
You must be logged in to reply to this topic.