APerry wrote:
Craig,Can you please explain in what circumstances this would be a better option than what Terry proposed?RegardsAlistair

Hi Alistair The circomstances for cash flow loan is an advantage is where liquid funds are tight.  Cash flow loans allow for reduced contribution and provide some gearing advantage by adding further interest…[Read more]

Cash flow loan could also be applicable here where the loan repayments can be part capitalised and increasing LVR with the capital growth generally a 50% reduction in payments for the first year then increasing each year.

It would appear there is something else here as the income alone would service with the mortgage insurers perhaps there are other loan or credit cards causing the loan to not service ?

LOC is the most powerful finance tool available however be sure to have your plan in place so you can use the tool to its potential.

Just like all tools if not used correctly they won’t perform the best.

Any other means of lending gives the lender more power over future changes.

Craig

Hi Normie

I am open to meet and discus you options with regard to opening up and using you equity with bank finance options

Employment situation can be overcome

Craig
Petrie[]