Are Cashbonds / Annunity still being accepted as income for IP loans. Will most lenders accept it?
How many years term is required for it to be accepted, is it 5 year or 1 year cashbond?
If you purchased a $100,000, 5 year cashbond, you get an income of $20,000+interest per year. So why is it that the lender will lend you 4-5x the cashbond amount of $100,000 = $400,000 to $500,000, when you are only getting $20,000+interest as income each year. Shouldn't it be 4-5x the $20,000+interest
Approx how many times the cashbond purchase price amount or annual cashbond income amount will a lender lend you? Is it 4-5x?
If a lender would normally lend me $300,000 via employment income, if I get a cashbond like the above example, does that mean I can get a loan of $300,000+$400,000 = $700,000?
How many years term is required for it to be accepted, is it 5 year or 1 year cashbond?
If you purchased a $100,000, 5 year cashbond, you get an income of $20,000+interest per year. So why is it that the lender will lend you 4-5x the cashbond amount of $100,000 = $400,000 to $500,000, when you are only getting $20,000+interest as income each year. Shouldn't it be 4-5x the $20,000+interest
Approx how many times the cashbond purchase price amount or annual cashbond income amount will a lender lend you? Is it 4-5x?
If a lender would normally lend me $300,000 via employment income, if I get a cashbond like the above example, does that mean I can get a loan of $300,000+$400,000 = $700,000?