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Happy my post has sparked some debate (although mostly negative in response). I know this type of service started with Refund Home Loans but the difference is they had actual branches, Naked does not. Anyway I’m happy with my 3k and loan structure which my accountant and financial planner have endorsed.
CBA have a good family equity loan which has three variations and is worth considering once you fetch to looking a finance.
2013 is going to be a big year, goals are:
– Arrange Granny Flat Entitlement on place we live in (which will then become PPOR)
– Set up LOC on PPOR
– Buy second and third IP
– Re-establish shares portfolio with Margin Loan
– Enjoy holiday in Bali with extended familyAnother good article which shows the breakdowns: Might be interested in the 8.5K for new build or new home. The QLD 10K earlier in the year help with our Townsville IP!!
http://www.abc.net.au/news/2012-10-15/housing-grants-reformed-for-struggling-sa-market/4313764