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hi all have a read of this part of the last link. http://www.theaustralian.news.com.au/story/0,20867,21433805-5001942,00.html In Britain, users of a similar product pioneered by the Bank of Scotland in the 1990s had this problem and started lobby groups when property prices raced ahead, but...

hi ruroshin reading that article only worries me more.

hi rolf I can understand your position. but mezz funding is classed, rightly or wrongly as high risk. and if the mezz is in resi or development funding there is associated risk. and the terminology is right. mezzaqnine funding is the funding used to top up the gap in funding that a normal...

hi all thanks y man yes that is the article. and alexlee this is the problem with the fund in that who would invest in it. I will cut some very interesting parts of the article to explain a few of the answers to the 10 question. who is the managers "We have a subsidiary called Rismark...

hi all here is a bit of onfo just out. the other fund for this loan is called RAPT. You can link to the sydney morning herald. its rismark active property trust. this is the fund to get the money to pay the mezz makes for very interesting reading. after reading it not sure who would...

hi mark lenders are not doing well I was on the 16th floor of star casino in the benelong suite and if you look out you see suncorp,westpac,amp,national,cba, I had a commercial banker there from china and he was here to talk to some of the australian banks and I pointed them out one by one...

hi rolf This is a very specific niche product which has its place in the current lending climate tell me the niche market with low or no doc there is reasons for it and you can say where there is a benefit for it and how people can use it. please tell me how you can use this product and not...

hi hobo-jo I will try not to be a knocker here but will try to give you some holes for me. 1 stamp duty on refinance 2.broker margins on refinance 3.you are relying on the ip to grow the same as the ppor and if that was the case then the property would normally be a neg ( as it hard to...

hi all I must say that there are two types of posters. the can you help me with this poster. this poster I can accept that they do not know the product and they can post what ever for help and those we need and those I say post and keep posting. then there is the veterin posters that post...

hi rolf I did put in one post that you don't shoot the messanger but try to understand the message. I have not and I have no interest in attacking richard and If you read my post I have not done this nor should we take this up with the (as you put it the manufacturer). a post has been put...

hi saint I don't think this post is out of control. I do think that richard only knows half of the answers. at best. and I think everyone should start to question not only the product but whats behind the product at best they make a heap of cash if you sell or refinance in 5 years and if...

hi all thanks for the pdf rolf I had a good read and it makes for some interesting question in itself. 1. if you renovate and you are approved to do so and the price of the house falls below the original value then the renovations value does not count for the pool of money so you lose the...

hi simon thanks I will post in point fashion. 1. is this equity loan supplied by a bank(not the main 80% loan). 2. is it supplied by a fund or private institution. 3. was the purchaser of the loan given a disclosure as to the funds profit out of the deal in year by year increments ( as...

hi all interesting the last coupe of posts. number 1 I don't need to relearn on a product and simon I think you for one do need to understand this product as there are alot of them on there way and you may get clients asking what it is and how it works. I notice with interest richards...

hi mark for me there is one and only one thing at issue. if you post do you stand behind your post. I have posted and have had a grilling from a few members but I stand behind my post and I make no bones about that. i think that anyone with an idea of this product should but up there views...

hi all its the 17th and the three posts still here but no other answers this was to be the great release and somersoft was the first to hear ??? are we going to be the first to hear the answers as well. or are they a little hard at this stage to answer:eek: for a new product I would have...

hi luke have you any answers to the questions. I think the question in themself have not been answered and maybe I look for answers not questions but thats me. if we start asking question not asking question of the people asking questions we will get answers. I don't aim to please nor do I...

hi all this may also help. Adelaide Bank launches interest-free home loan -------------------------------------------------------------------------------- Article from news.com.au today - Bank launches interest-free home loan March 13, 2007 12:28pm Article from: AAP A NEW...

hi all here is the answer to question 1 and 2 Oh well looks like the 1st March is the launch date for the new loan product. It will run like this 1) 80% lend from a Bank with interest charged as normal and standard loan repayments. 2) 20% lend from a private superanuation fund with NO...

hi rolf yes it would but as per part of my post earlier, the regulations are there, you just have to design something to be out side those rules and youre home and hosed. and there are lots of product from debenture notes thru to loans that are designed to be within the thin coating of...