Forum Replies Created

Viewing 3 posts - 1 through 3 (of 3 total)
  • Profile photo of YUANYUAN
    Participant
    @jyuan516
    Join Date: 2016
    Post Count: 4
    July 18, 2017 - 8:33 pm

    as a self-employed with my wife as partnership, how to maximum my borrow capacity as banks lending restriction trends to be hard

    Profile photo of YUANYUAN
    Participant
    @jyuan516
    Join Date: 2016
    Post Count: 4
    July 18, 2017 - 8:06 pm

    Hi Richard,

    To be honest, I have already been regret to change my interest only 100% offset to 2 year fix as I thought 3.88% is attractive, but for a long run, it won’t be helpful, i definitely change to variable rate when is finished.

    Profile photo of YUANYUAN
    Participant
    @jyuan516
    Join Date: 2016
    Post Count: 4
    July 18, 2017 - 7:49 pm

    Hi Richard,

    thank you for your response.

    what do you think of the strategy of only pay for interest for owner-occupied home, and put the money in the offset account? is it better for future investment property? how about line of credit loan? how it works? very confused when I watched people talking about? will LOC help pay off mortgage faster really true story

Viewing 3 posts - 1 through 3 (of 3 total)