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Good suggestion and one I will try to implement when the time comes. Thanks. The advantage of lending through two lenders as I see it would be that increasing lending through Lender 1 would put me into a bracket where lending amounts entitled me to a lower interest rate on not only the $100K...

I understand from this comment that you'd see it as preferable to go with option 2 ie maximize borrowings from lender 1 first before borrowing from the 2nd lender even though the total borrowings would still come in at $400K. One advantage of option 2 would also be a lower interest rate with...

I'm thinking that it will be easier to squeeze money from an existing lender now in this lower interest environment before a new loan is created. Then I can deal with the new (and more flexible) lender for increases when and if needed in the future. Keeping accounting simple would be ideal...

If your borrowing capacity was around $400K and you wanted to buy a $500K property which of the following options would be preferable? 1. Borrow the entire amount from one lender bring the LVR on the purchase property IP to 80% or 2. Increase borrowings on an existing loan to 80% drawing...