Hi HHH,
below are some answers, I hope this helps.

Originally posted by HHH:
OK guys, I have been digging around, searching, and asking for advise on my current plans for refinancing my PPOR. Here is what I have come up with. Please give me any comments as to whether it all will work and make sense – I guess mostly if there is something flawed in…[Read more]

Hi George,
It is possible to gain finance from Australia for investing in NZ, with an 80/20 lend you can also use the NZ property as security over the loan.
Regards
Steven
Mortgage Broker

info@mobilemortgagemarket.com.au
http://www.mobilemortgagemarket.com.au
Ph:1800 820 500
Victoria

PLEASE note comments made should NOT be taken as specific…[Read more]

Hi E.H.L
Australians investing in NZ can obtain 80% of finance from OZ, with interest rates ranging from 6.85% to 7.25%
Regards
Steven
Mortgage Broker

info@mobilemortgagemarket.com.au
http://www.mobilemortgagemarket.com.au
Ph:1800 820 500
Victoria

PLEASE note comments made should NOT be taken as specific taxation, financial, legal or investment…[Read more]

Karl & Rita,
If you are looking to purchase 2 Investment properties this year I would recommend you do this first unless you are sure the improvements to your PPR will give you access to more equity,
Keep in mind funds for the improvements will not be tax affective and the increase in loan repayments may have a negative affect on your ability to…[Read more]

Castle Dreamer,
Try Macquarie Bank 80% LVR pretty good rates at the moment,
If your friend is PAYG then drop me a line for more info.

Regards
Steven
Mortgage Broker

info@mobilemortgagemarket.com.au
http://www.mobilemortgagemarket.com.au
Ph:1800 820 500
Victoria

PLEASE note comments made should NOT be taken as specific taxation, financial, legal or…[Read more]

Hi Judi,
I have sent you an e-mail regarding finance for NZ.
Regards
Steven
Mortgage Broker

info@mobilemortgagemarket.com.au
http://www.mobilemortgagemarket.com.au
Ph:1800 820 500
Victoria

PLEASE note comments made should NOT be taken as specific taxation, financial, legal or investment advice. Please seek professional, specific advice.

Hi Elvis
The Westpac combination loan allows you to combine a home loan with 1 or 2 investment loans, Each loan operates independently of the other loans, this package may include a LOC,

You may not require a LOC, there are other options/products that may be of more benefit, perhaps an account with an offset attached, (disclaimer, seek…[Read more]

Hi Elvis,
The Westpac premium option package has a top up facility at a cost of $400 you could switch to a combo loan, This may be more cost effective than a total refinance,
Or Check your loan documents for the break costs,

Are you getting any discount off the 7.07% rate ??
Regards
Steven
Mortgage…[Read more]

Hi Pousti,
Some lenders will only allow up to 60% of the rental income on Inner City apartments 3000 – 3010 Post Codes,
Keep in mind, if it is a Serviced apartment with floor space up to 50 meters the max LVR may be 50% and the rental income could be reduced to 40%
Regards
Steven
Mortgage B…[Read more]

Alexandra.
Not an easy question to answer as different needs and circumstances require a different approach, but here are some points to keep in mind when choosing a particular lending product,
Interest Rates, Application fees, is mortgage insurance involved, what is the max LVR, what are the break costs, is the loan portable, how much security…[Read more]

Hi Trisk welcome to the forum.
Another option to consider,
StGeorg Bank, have a product that would allow your mother and sister to use part of the equity in your home as part security over the new purchase, Your sister could use the FHOG to cover part of the costs,
This would be of more economical benifit, rather than refinancing at a later stage…[Read more]

Hi lewson,
Yes that is possible, subject to the amount of equity you have in your PPR
Regards
Steven
Mortgage Broker

info@mobilemortgagemarket.com.au
http://www.mobilemortgagemarket.com.au
Ph:1800 820 500
Victoria

PLEASE note comments made should NOT be taken as specific taxation, financial, legal or investment advice. Please seek professional,…[Read more]

Suncorp Metway low doc @ 7.07% 80% LVR is not bad, but no interest only Facility,

Bank of QLD 7.07% with mortgage insurance over 60% LVR

The Macquarie Bank, Saver express product is ok @ 7.30% 80% LVR and step down rates over Three years.

Regards
Steven
Mortgage Broker

info@mobilemortgagemarket.com.au
http://www.mobilemortgagemarket.com.au
Ph:1800…[Read more]

Hi Bert,
I would strongly advice you have a power of attorney organised in NZ, very handy for settelments, bank accounts etc,
Regards
Steven
Mortgage Broker

info@mobilemortgagemarket.com.au
http://www.mobilemortgagemarket.com.au
Ph:1800 820 500
Victoria

PLEASE note comments made should NOT be taken as specific taxation, financial, legal or investment…[Read more]

As James mentioned there is no stamp duty or CGT in NZ,
I would check with an accountant on the CGT issue,
Regards
steven
Mortgage Broker

info@mobilemortgagemarket.com.au
http://www.mobilemortgagemarket.com.au
Ph:1800 820 500
Victoria

PLEASE note comments made should NOT be taken as specific taxation, financial, legal or investment advice. Please seek…[Read more]

Hi Zarabel and Welcome to the forum,
I am not the steve you have addressed this question to but I will offer my 2 cents worth anyway,[]

In the eyes of the Lending Institutions The amount of finance your son may be able to borrow will depend on his ability to service the loan amount, in this case his benefit or pension income, existing debt…[Read more]

Sorry I did not See Westans Reply,

Marisa, Westan also has a lot of happy customers []
Cheers
Steven
Mortgage Broker

info@mobilemortgagemarket.com.au
http://www.mobilemortgagemarket.com.au
Ph:1800 820 500
Victoria

PLEASE note comments made should NOT be taken as specific taxation, financial, legal or investment advice. Please seek professional,…[Read more]

Hi Marisa
I would suggest you use the LOC for 20% deposit with an Australian or NZ lender,
If you were to use your own funds to purchase outright you may find it difficult to find the deposits on future purchases,
Regards
Steven
Mortgage Broker

info@mobilemortgagemarket.com.au
http://www.mobilemortgagemarket.com.au
Ph:1800 820 500
Victoria

PLEASE…[Read more]

IP= Investment Property
LOC= Line Of Credit
LVR= Loan to value ratio
regards
Steven
Mortgage Broker

info@mobilemortgagemarket.com.au
http://www.mobilemortgagemarket.com.au
Ph:1800 820 500
Victoria

PLEASE note comments made should NOT be taken as specific taxation, financial, legal or investment advice. Please seek professional, specific advice.

Hi Miss Moneypenny,
For anything IP Trust structure related, I recomend Dale G
His contact details are below
Phone: (03) 9723 7699
Fax: (03) 9723 7202
Postal Address: 1 & 1A, 87-89 Colchester Road,
Kilsyth, Victoria, 3137
http://www.gatherumgoss.com/

Regards
Steven
Mortgage…[Read more]