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  1. Terry_w

    Loan structure

    No. Must be at the same bank as the loan.
  2. Terry_w

    Loan structure

    Yes, Rolf has clearly explained above. See his option 3 and 3A - either of these is the way to go I think. Be careful when dealing with your banker!
  3. Terry_w

    Loan structure

    U would be paying more tax with option 2.
  4. Terry_w

    Loan structure

    Both are bad options. Avoid this bank sales person and structure it better
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