Thanks Terry,I will have to go in and speak with the Bank manager about it.  I have tried to find information about what happens considering so many people lost their homes in the floods, that there would be a few similar situations.Renee

Hi Terry,It was originally our PPOR but has been rented out as investment for the last 5 years.  We purchased it in Aug 2002 and our new PPOR in Jan 2005.The loans on our new PPOR and this Investment are linked together as we have drawn the equity out with LOC's and are currently using it to build a granny flat at another investment property as…[Read more]

I went with RAMS as they were the only ones at the time we had to refinance that would lend to a trust as a low doc loan.We are planning on building a granny flat  on our investment property will the refinance with RAMS to get access to the equity upto the max LVR which was 80% last time.  I have heard though that Westpac and possibly RAMS will be…[Read more]