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  1. Peter_Tersteeg

    Uncrossing NAB Loans

    I low doc loan is one of those situations where crossing can work in your favour, I'd done this myself in the past. That would be 1 of about 3 occasions where we've deliberately crossed loans in the last decade (family guarantee loans being the exception). 5 properties with an overall LVR...
  2. Peter_Tersteeg

    Uncrossing NAB Loans

    The variation fee with NAB (HomeSide) products is $300 (from memory). Do you have 6 properties crossed? It might cost $1800 to rectify for 2-3 properties if your broker is planning to refinance you to a different lender. It's unlikely that this is the ideal outcome for you. If this is...
  3. Peter_Tersteeg

    Uncrossing NAB Loans

    A simple solution might be to do a partial release of securities if the LVRs are quite low. Talk to your broker about it. The solution probably needs to take into account larger issues and future goals.
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