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  1. E

    cross collaterization question

    so you;re saying that i can take the deposit from property one (usign the equity) and take it to another lender ? i always thought that if i was using the equity from property one then the 2nd property also had to be with the same lender
  2. E

    cross collaterization question

    that's why i am suprised that she wanted them x collat. i do want to borrow 100% of the purchase price , as i am using the equity off my first prop as a deposit on the 2nd. the equity should be enough and if not i am willing ot put some deposit down. is that why you think she wants them linked ?
  3. E

    cross collaterization question

    hi there, i've read many times that i should avoid cross collat of properties. my mortgage broker seems to suggest that i do have them x coll. Not sure if her reason is bc it is easrier for her to process the loan. are there any negatives to having them not cross collat ? opinions...
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