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  1. Bill.L

    ME bank

    Remember Bradje, that you can use your wages income to make up the rest (up to 30% of income for ME for paying off loans). You don't have to get a property at 50% off, you could use 50% deposit. bye
  2. Bill.L

    ME bank

    Hi, We have only borrowed up to 80%, don't like paying LMI. They take 75% of rent as the figure for loan repayment and allow IR to go up ~2% when calculating ability to repay loan, therefore your CF+ IP would have to have a rental yield of ~12% to be considered self-funding. Like I said...
  3. Bill.L

    ME bank

    We have used them for over 7 years, so they are not that new. Never had problems, though they tend to be conservative with their lending requirements. bye
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