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  1. Psyk

    cross collaterization question

    What you might find is that your current bank won't count your current rental income or only 50% of it as income for serviceability reasons, you might have one too many credit cards or too high a limit based on their assessment criteria, other unsecured loans etc. So the 'money-tap' is the...
  2. Psyk

    cross collaterization question

    As Rob said. We were x-coll'd at the start which made it easier to acquire properties as we were with the same lender and used our PPOR. Once your lender starts knit-picking your ability to get another loan then it's time to look at other lenders and that's where the x-col bit can turn...
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