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    Uncrossing NAB Loans

    True. Although they are 40% now. We don't know what the LVR was when the loan were set up. Still, 5 cross properties is highly problematic at the best of times. I was very grateful to my broker for bargain down our crossing to only two properties because I ended up selling one the bank wanted...
  2. P

    Uncrossing NAB Loans

    Not necessarily. It depends on the circumstances. My broker used crossing as a strategy to get us out of a very bad situation, with my full knowledge and agreement. Basically, between myself and my investment partner we had ~$1,000,000 worth of low doc loans at 9.5%. This was only just over 3...
  3. P

    Uncrossing NAB Loans

    Another vote for talk to your broker. Mine just did a re-fi to a lower rate and uncrossed two loans at the same time. The new deal is a great deal!
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