Interstate Finance

W

WebBoard

Guest
From: Glenn M


Just wondering whether those people who have bought Investment Properties interstate sourced the finance in the state that they live, or did you gain Finance from a bank etc. in the state you bought in?

Did you have any problems with either alternative?

GlennM.
 
Last edited by a moderator:
Reply: 1
From: Mark Brokenshire


Most banks and many lending institutions operate nationally so it is no problem going through local sources. If you invest overseas it is easier to use banks in the location you are investing to avoid trouble with currency differences.

Mark
 
Last edited by a moderator:
Reply: 2
From: Glenn Mott


While living in Sydney, I was able to refinance properties held in Perth through CBA.

It took a bit of extra time but was completed.

Glenn
 
Last edited by a moderator:
W

WebBoard

Guest
Reply: 2.1
From: Mark Pardi


Should be no problem with any bank financing any property in Australia

subject to their lending criteria of course



all good


mark
 
Last edited by a moderator:
Reply: 2.1.1
From: See Change


This is a situation where a good Mortgage broker can help you.

In some situations some banks will not lend in certain states , depending on the property.

see change

it's better to be guided by your dreams than your fears
 
Last edited by a moderator:
Top