Search results

Rolf, Can you elaborate more on this pls....don't get it I hear everyone talking about the credit hit and avoid that if possible......give you example.....recently trying to change my ANZ P&I to IO and ANZ required full application (due to their new process)...ie credit hit ........why credit...

Hi Terry, what you are suggesting is that if 90K is LOC and then when all of the 90K has been drawn from LOC, one should refinance it to standard variable IO loan...is that correct?that sounds to easy..... Rolf, what do you suggest the success rate of doing above with the lenders.....surely...

such a common challenge....where to park the money once the loan is drawn until you need it for investment purposes. One thing i would not do is mix this money with any of your personal expenses or income for sure to avoid the extra complexity.....if there is no redraw availble with your lender...