I no longer have my finger on the pulse with the mortgage broking side of things since a recent job change to a strictly planning role, but I would love the input of some of you other lenders and brokers here - or borrowers!
Are there any other loan products out there that offer a product that would facilitate a debt recycling strategy with a regular investment plan? For example, if I pay 3 grand off my mortgage each month and want to put 2 grand into a regular investment, using Macquarie LOC or St George Portfolio Loan I wouldn't need to change any loan limits, fill in any forms, or request anything at all. Is there anyone else that would allow this?
Are there any other loan products out there that offer a product that would facilitate a debt recycling strategy with a regular investment plan? For example, if I pay 3 grand off my mortgage each month and want to put 2 grand into a regular investment, using Macquarie LOC or St George Portfolio Loan I wouldn't need to change any loan limits, fill in any forms, or request anything at all. Is there anyone else that would allow this?