MatthewS replied to the topic Deposit Guarantee in the forum Finance 15 years ago
Thanks for your reply Richard. It looks as though I am cross cocollateralising the loans. How would you suggest I go about changing this? The property we are looking at requires a deposit of $26000. I don't have those sort of funds available to me. The NAB told me that they will give me a deposit guarantee for the $26000, which will cost me $300.…[Read more]