Hi all,
I was going to ask the same question as this thread asks myself!!
I have had one wrap go through AXA , with 10% deposit - without the need to use cross-security on my PPOR.
6.24%, pretty reasonable, with $900 get out fee. This one was under my name before I set up the Hybrid Trust.
Now I am on my 2nd wrap, and I am trying the following:
-5% deposit with no cross security
-purchase under the name of my Hybrid Trust.
I have not been able to find anyone who will do this - so it looks as though AXA again with 10% dep (as long as they OK the Hybrid Trust on contract and doing the loan under the Hybrid Trust name - cannot do it under my name I understand without cross-security against my LOC).
Apparently serviceability could be an issue in the future ( I do not know how, as wrap's are essentially in "profit").
Anyway, does anyone know of a better lender that does all of the above?