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Hi Euro73, No its not Advantedge but it's not my role to make a public annoucement on behalf of the lender and this is a public forum. We have credit policy confirmation that our NRAS applications are treated just like any other investment property. The 95% is not cross-colaterised with...

No. No kickbacks, no marketing underwriting. Just an enlightened credit policy which sees non-entity joint venture NRAS properties for what they really are....just another investment property. All that's happening here is NRAS becoming more mature and lenders getting to understand it. I'm...

Hi Reeco, Re the 100% finance comment, the reality is that most of our clients are 100% financing their investment property purchases – including NRAS purchase. But you’d be surprised how many people don’t understand the concept. NRAS will bring new people into property investment that...

Hi Euro73, The loan is available from Onyx Finance Pty Ltd. We hold Australian Credit Licence number 390790. Onyx has been a mortgage manager since 2002 and has worked predominantly with property investors since then. Like most non-bank loans in Australia if you go far back enough one of...

Added to Euro73s comments there is now a 95% loan option for NRAS properties. LMI is payable above 80% but can be capitalised on the loan to a max of 97%. Given that most NRAS property scenarios end up with positive cashflow even if you borrow 100% of the purchase price (using two security...

NRAS Tenants Did you know that according to the most recent data from the Australian Bureau of Statistics that the average income of private rental tenants is around $74,000. Looking at the income criteria for NRAS tenants households can earn up to around $125,000 before they loose NRAS...