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possible, but unlikely BWA has an OK service model and QBE being their mortgage insurer offers a bit of flex, but there many others thay will do 95 % IO lends for IPs ta rolf

Hi 888 An loc in this instance is ok to use provided this loc isnt mixed purpose. Remember that a LOC is just a loan type, nothing more nothing less, and the same rules that apply to loan structurig and for eg tax issues apply to LOC as well, but are a little bit compounded with the issues...

lets hope so Some locs, eg Wesuck, have a "repayable on demand" clause. This is just one reason why many brokers wont use LOCs as the majority debt product in most cases. I know there are some larger broker and advisory groups that use nothing but LOCs so Id have to assume someone has...