Reply: 1.1.1
From: Rolf Latham
Hi Dan
There is only one reason your broker would suggest that you NEED to break the loan. Homeside have minimum loan values of 50 k so that may be the problem.
If the 30 % extra you are trying to get is more than 50 k then you are away. Seek the services of...
Reply: 1
From: Rolf Latham
Hiya
much depends on the loan and the lender, though I would be VERY worried about that sort of advice. Try another broker, or got to the lender direct or post your loan product here.
Ta
Rolf