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I am trying to fund a $550K IP,
Has anyone had experience with Collins securities? I looked at their low doc product as I am self employed.
9.35% IR
Gooroo
If they are business loans on your PPOR some lenders will not refinance them.
My suggestion would be to ensure you keep them split to avoid any issues in claiming the interest deduction down the track.
Done properly you should be able to easily identify which account is which.
Hi Gooroo,
I'd start looking at the big 4.
Good Luck, Medine
they were split bw PPOR loan and a business loan, the PPOR was used to secure the business loan. I am able to identify the percentage split portions, so that is not a problem.Good point but I'm sure the Gooroo meant to say they were split for investment and Pnl purposes