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The Nab(broker) deal was a family trust with corporate trustee to purchase an IP. Existing trust has lending with the bank so credit scoring not an issue and servicing (with all existing Nab debts at 7.40% P&I ) surplus $1500 / m. I think it going to get very hard / impossible to get IO above...

Yes servicing will likely be screwed for a while (min 2-3 years). I use Westpac for 97% IP's a bit but you must have 10% equity in another property. Too scared to try Bankwest and just had Nab reject 95% investment with IO repayments, they were OK with P & I. Ohh and CBA as long as credit...