Hi all,
Just after some opinions/other thoughts. I am trying to decide whether I should move my wife's 245K IP loan (.7 discount NAB homeside) to our existing WBC package (1% discount) to save the extra .3% for the next 25 years, or keep it seperate as an alternate lender. WBC package has 2 loans totalling a little over 1 Mil. All loans just under 80% LVR with no cross coll.
Other things to consider is I would like to have the best chance of borrowing against each IP seperately up to 80% LVR over the long term for other investing (likely into existing share portfolio).
What would others do/recommend?
Just after some opinions/other thoughts. I am trying to decide whether I should move my wife's 245K IP loan (.7 discount NAB homeside) to our existing WBC package (1% discount) to save the extra .3% for the next 25 years, or keep it seperate as an alternate lender. WBC package has 2 loans totalling a little over 1 Mil. All loans just under 80% LVR with no cross coll.
Other things to consider is I would like to have the best chance of borrowing against each IP seperately up to 80% LVR over the long term for other investing (likely into existing share portfolio).
What would others do/recommend?