Do you know what Cross Collaterisation is? If you have multiple properties and all loans are with setup by one single lender then chances are, your loans may be cross collaterized. When you purchase a property, you usually would chip is 20% of deposit and borrow 80% as mortgage which is secured against the property…
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New government regulations mean interest-only loans are on the decline. Given the changes, it may be time to reconsider your own loan repayment structure. Rewind a few years and many people would have confidently assured you that an interest-only loan – a home loan on which you only have to make interest payments for a…
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You walked past a bank and saw the promotional ad hanging outside the window and you thought to yourself – wow that’s one attractive interest rate! But is it really saving you the most? That’s where Comparison Rate comes into play. One of the most common mistakes people make when choosing a home loan is…
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Lend Power Pty Ltd is a Credit Representative (500998) of BLSSA Pty Ltd ACN 117 651 760 (Australian Credit License 391237) | I-Yung (David) Shih is a Credit Representative (501067) of BLSSA Pty Ltd ACN 117 651 760 (Australian Credit License 391237) | Mortgage & Finance Association of Australia (MFAA) Approved Member 575562 | Credit and Investments Ombudsman Member M0040381
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