Hi, Ryan,In both scenarios you should isolate the debt now so you can claim on it in the future. To do that you could do as follows. (Assuming the loan balance has never been lower than $300K?)Loan 1: $300K interest only loan – with linked 100% offset accountLoan 2: $180K line of credit (with $0 drawn) – you could do this later if you wanted…[Read more]

As mentioned by Richard and Jamie. The way they are viewing it now is they want to be sure you can service current and future debts. So when you go and use the LOC for the deposit and costs on your next purchase and then take out another loan for the balance to complete they need to be comfortable that you can service the entire debt even if not…[Read more]

May be try La Trobe.Might not be much better rate than what you quoted though (or maybe its them?).

Hi,If the borrowoer is a compaNy it falls outside of the NCCP regulations. This was specifically included as part of the legislation IMO to allow property developers to be able to borrow money… as almost all smaller developers would not be able to service their peak debt out of their taxable incomes.So as far as I am concerened if a client is a…[Read more]