@simondema – are you looking at new houses?

@wiwin – if its an internal refinance, most lenders don’t charge any fee. There really is not much benefit holding on to x-coll loans for a long period. he’s actually in a dangerous position now, if all goes south all of a sudden, he could potentially lose one if now all of the crossed properties.

@wiwin tell your friend to be very careful and review his financial situation. its more likely that his loans are crossed at 105% lend. please advise your friend to uncross his properties.

@simondema
Campbelltown and most especially the surrounding suburb is going through gentrification. new developments are still ongoing in the area. for that…[Read more]