Good Morning All,
My first post.
Just wondering on what you guys recommend and or have.
(every body I speak to says something different).ie: off set loan, principal only or interest only loans.
What are the benefits/any stories.
thanks, David
David
Firstly welcome to the forum.
That question is a difficult one to answer as each individual client is different and his / her needs vary.
It will also depend on your financial goals and whether the security is an investment property or your PPOR where you are likely to stay for the next 20 years.
If it is an IP there is then the question on what structure you purchase the property under i.e individually, Trust (which type), Pty Ltd Company etc etc.
What I would suggest is you decide what you are after and correspond with a Mortgage Broker you can give you a variety of options taylored to your individual circumstances.
It would be like buying an off the shelf suit what fits and is suitable for someone may not be of any use to you.
Cheers
Richard Taylor
Residential & Commercial Finance Broker.
Licensed Financial Planner. Ph: 07 3720 1888
[email protected]
Looking for life cover – We Guarantee to beat any quote you have in writing.Richard Taylor | Australia's leading private lender
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