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Borrowing offshore at lower interest rates.
Hi grossreal. Which Bank were you dealing with for a FX loan? Now is a good time to get a FX loan in yen , but don't assume we have hit bottom, though I have.- redsquash
- Post #60
- Forum: Property Finance
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Borrowing offshore at lower interest rates.
uhmm , $15000. Not so much in the grand scheme of things. That sounds too easy. Are you doing it?- redsquash
- Post #36
- Forum: Property Finance
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Borrowing offshore at lower interest rates.
60 % LVR is a problem , because you have to find the other 40 %. You wont get a second mortgage on an O/s loan. Normally Banks require you to have 20% deposit but with LMI that could be a lot less. You cant get LMI with these overseas loans. With the extra 20 % deposit required you could in...- redsquash
- Post #35
- Forum: Property Finance
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Borrowing offshore at lower interest rates.
In the last year the $A has been around 90 yen to 108 yen. 4 years ago the yen was 78 to the dollar yen loans are the cheapest at around 2 %, but with max LVR 60 % it may not be so great depending on your circumstances Checkout Lloyds Bank TSB hongkong , but you could be severely burnt and...- redsquash
- Post #19
- Forum: Property Finance