Search results

  1. B

    Cashbond / Annunity

    The desired effect doesn't seem as strong when put like that. You can lock away $100,000 in order to access an extra $150,000 in borrowings, so really you are only able to access an extra $50,000, but your equity is locked up for 5 years. BR
  2. B

    Cashbond / Annunity

    Not knowing the detailed ins and outs of cash bonds, if you are equity rich but serviceability poor they seem like a great idea. Even the 'loosest' lenders have a serviceability threshold, so these provide a mechanism to get you over the line. BR
Back
Top