Hi there,
How are lenders with residential properties in Port Hedland WA and Gladstone QLD that are leased to mining companies eg. on 3x3 or 5x5 year commercial style leases?
Do they apply usual residential LVR's and interest rates, and do mortgage insurers accept these properties for 90-95% LVR borrowings?
Thanks.
How are lenders with residential properties in Port Hedland WA and Gladstone QLD that are leased to mining companies eg. on 3x3 or 5x5 year commercial style leases?
Do they apply usual residential LVR's and interest rates, and do mortgage insurers accept these properties for 90-95% LVR borrowings?
Thanks.