Search results

Thanks Mick for the kind words. Just wanted to update that NAB has approved my request for the property loan under the family trust for the 85% IO with no LMI and extra 5% at P+I.

Thank you for the explanations rolf and mick. No i don't see myself as having a "special" job or have any connections. I think there is so much to learn in this area and have great respect for people like you who know so much and are willing to share your knowledge. I agree totally that...

sorry if this is a dumb question but I don't get why this is a better offer though as nab's offer is also with no LMI it's just that with NAB's offer I'd have to pay 45000 in principal over 3 years, that's 1250 a month in principal payments (which I have enough in savings), as opposed to (at...

thanks mick and spectre i was reading that CBA doesn't offer a true 100% offset account and would that be a disadvantage down the track? westpac have verbally offered 90% no LMI through an accounting firm who deals with them directly and I understand I should have that in writing, but I'm...

I am in the process of applying for a IO IP loan for a family trust with corporate trustee and take on the advice not to chase just interest rates. The question is which bank for service/efficiency and which ones will do loans for trusts. This is for a 450,000 property and I'm considering...