Thanks everyone for your responses. My current home loan is with Bankwest. They have talked about crossing the loans but said they didn't have to if I didn't want to. Does anyone know of a good investor based mortgage broker based in Melbourne. Also we are thinking of seeing Destiny Financial Solutions. I know theres an outlay of money for this but I figure it would be worth it in the long run as we are much less likely to make stupid mistakes. Theres so much to consider.
Thanks for your response Shahin. Two further questions.1. How do the banks use the $170,000 in usable equity exactly? 2. What do you mean by tapping all of the equity? Sorry for not understanding but like I said I am new to all of this.
