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This one shouldn't be crossed - it will be brand new, there's no loan against it, it secures nothing unless they insist on taking the title and using it as security against the other two that are already comfortably secured. I have no idea what the usual procedure is when you magically create a...

The bank just has to sign a form allowing us to deposit the plan as they are an 'interested party' and when we went in to get them to sign it they insisted on an ORIGINAL letter from a conveyancer/surveyor saying what we were doing, which we didn't have, so we've left both the form and the...

Our current broker seems to think it is fine just crossing all three properties with CBA - ones on this forum I asked in the past don't. We have way more than enough equity for a 60% lodoc - the three (ok, technically only two) properties are at 30% and 40% LVR, our existing debt is barely into...

I thought they just decided what you spent and you have no say in it. We make about $700 a week and save at least 50% of that. 2 adults, 2 kids, excluding housing costs/income cos incoming rent covers outgoing mortgages almost exactly. I don't think we could ever convince a bank of this...