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I was a slow starter. Lazy Equity. IP 1 was former PPOR and had a low LVR. Built new PPOR a few years back, have seen growth. Refinanced IP1 out to 65% to build IP2 and IP3. All 4 Loans IO. I'm a 65k PAYG. Hence needing to use NAB early. AMP are 5.75% for Construction. Will seek Rate reduction...

Thankyou for explanation. I have 1 IP and PPOR at 65% LVR. Also currently have 2 IP builds in progress @ 90% LVR. 1 build with NAB and 1 with AMP. Seems the "free pass" Lenders are being used early unfortunately. :confused:

As an aside, (apologies for the thread Jack) what about structure/order of Lender usage?