FMS wrote:

Mgs4 wrote:
Hi All,

Related questions, are banks normally waiving annual/initial fees for new loans at the moment? We recently got new loan which had an applicable annual fee but also a cash payment for new loans, some promotion offer.

Also if you rate lock for 3 years, the property goes up in value and you want to tap the equity…[Read more]

wilko1 wrote:
A lot of older housing used to have 2nd living areas. That was there actual design back 10-20,30 years ago. Not some much in fashion now days. So there is a better use for these spaces.

trying to fit a room in the original floor plan. Because more often then not you don't have to get council approval. Council approvals and…[Read more]

Do a lot of investors look for mortgage brokers that are also sophisticated property investors? I find a lot of mortgage brokers, particularly new entrants to the industry, wouldn't meet this criteria.

Hi All,

Related questions, are banks normally waiving annual/initial fees for new loans at the moment? We recently got new loan which had an applicable annual fee but also a cash payment for new loans, some promotion offer.

Also if you rate lock for 3 years, the property goes up in value and you want to tap the equity to say buy another IP, can…[Read more]

Terryw wrote:

Mgs4 wrote:
Normally do mortgage brokers  have websites or PDF docs with loan comparisons on key metrics eg interest rates, annual fees, maximum LVR etc. As loans are relatively commoditized products the main variables are total costs (ir, fees etc.) and ease of application (LVR and other relevant constraints). The tricky thing I…[Read more]

Normally do mortgage brokers  have websites or PDF docs with loan comparisons on key metrics eg interest rates, annual fees, maximum LVR etc. As loans are relatively commoditized products the main variables are total costs (ir, fees etc.) and ease of application (LVR and other relevant constraints). The tricky thing I find is brokers can access…[Read more]

Does anyone have some recommendations on research and questions you should do to see if you have a good mortgage broker. The reason I ask some of this is there is obviously a scope for a conflict in interest in the mortgage broker recommending certain banks because he gets better commission, where we may not know of superior rates/process with…[Read more]

Thanks for the reference to On The House, it certainly is a great resource but I find it is missing data with certain properties.