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Reply: 3.2.1.1.1.1.1.2.2.1.1.1 From: Rolf Latham True This is another form of xcoll. Technically no diff though since you are still single lender reliant when it comes to vals, they all have to value up or no go. When times get tough as they have done for a few on this forum, and you want...

Reply: 3.2.1.1.1.1.1.2.2.1 From: Rolf Latham Hi Anon Good to see your back - we missed you Even with non cross collateralised properties most investors would only pay one lot of fees for start up and maintenance. I have one client who has 18 loans and splits without cross collaterisation...

Reply: 3.2.1.1.1.1.1.2 From: Rolf Latham Hi Anon Funny that, I dislike generalisations too. I do like best deal policies and risk minimisation. On the subject of " never cross-callateralise" - What benefit do you derive by having xcollaterised properties ?? And on the subject of "out of...

Reply: 3.2.1.1.1.1 From: Rolf Latham Hi Anon No A broker gets comm on the $ settled not the loan numbers. So that theory is up the creek. Why would a broker do twice the paper and leg work for the same amount of comm if he/she could half and get the same money - ? because they actually care...

Reply: 3.2.1.1 From: Rolf Latham Hiya Second mortgage means secured creditor behind first mortgagor -so no tug of war no. Ta Rolf

Reply: 3.2 From: Rolf Latham Hi Anon No cold feet yet, must still be below the 500 mark or you have bought them some sheepskin boots :o) Refinance usually thats how, or if you have the equity use a second mortgage. ANZ, RAMS and Homepath are some lender that can commonly lend to 95 %...

Reply: 3.1.1 From: Rolf Latham Hi Scott Awww please Scott, on a public forum I think specific negative comment would not lend itself to helping anyone. You have to remember that almost anything goes on a case by case basis with lenders when approaching their boundaries. It would not be fair...

Reply: 2.1.1 From: Rolf Latham Hi Dunc If you do not tie up all your business with the one lender you will find that lender A will lend up to 50 % more than lender B given exactly the same scenario. In addition most lenders get cold feet above 500 k so you need to pick up your property (or...

Reply: 2 From: Rolf Latham Hi Anon A lot depends if you are using lenders mortgage insurance. Also as you have identified a lot of lenders get cold feet above 500 to 1 mill depending on your financial makeup and 1. will not give you LMI for your loans and 2. can and do ask to lower your LVR...