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  1. Peter_Tersteeg

    Cross-collateralisation

    Lenders want to know how much your accomidation costs are, which effects how much you can afford to borrow. Beyond that, your choice of accomidation doesn't have much effect on the application. Some lenders will assume a 'basic' living costs of accomidation even when living with parents...
  2. Peter_Tersteeg

    Cross-collateralisation

    I agree with the previous two posts, but there is a small gotta to be aware of. With the second property, make sure you set up a second 'Advantage' package. St George will cross-collateralise all securities within a single package, no exceptions. They will waive the annual fee on any...
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