The Experienced Services a Mortgage Broker Can Offer Mortgage Brokers Australia wide are a great source for advise and knowledge when it comes to home loans and mortgage finance. What’s really important is have someone you trust to share ideas and show you the best options for you personal loan and mortgage needs. This advise Read more about Let A Mortgage Broker Help Your Tricky Loan[…]
One the biggest nightmares a person can go through would be the turmoil of going through a vicious circle of unending debt. Many of us fail to understand the process of debt reduction and merely get hung up with the thought that debt is eating up all your income and wealth
Lending For Apartments and Small Units Most of us dream, as soon as we start to earn a living, to own a home of our own. While owning a large bungalow or a villa would be the perfect dream, we need to start somewhere and one of the simpler real estate dreams to fulfill would Read more about New Loans For Apartments[…]
There is the old question that comes up every now and then, – “Should I buy that studio apartment?”
Here is some of the “noise” that surrounds them-: “They won’t lend against small inner-city studio apartments, You won’t get approval if the floor size is less than 50 sqm, Student apartments are not an option, Some lenders won’t lend for apartments in large complexes, Hotel or motel conversions are no good, The location of the unit within the complex is important
Cross collateralisation occurs when the bank uses the security for one loan to secure another loan. What you want to aim for is to have any property you own, investment or otherwise, financed with free standing finance
Remember cross collateralisation can bring your real estate investment financing plans to a standstill.