wilbell5 replied to the topic Pros and Cons of Variable / Fixed Loans For My First IP in the forum Help Needed! 9 years, 7 months ago
Having a variable loan will give you the option of changing banks in the future if BW say they don’t want to give you loan for investment property. The benefit is it will keep you more flexible.
By the way, I would beware of pre-approval from Bankwest. They wont actually assess your finances (income, expenses, assets, liabilities & credit file)…[Read more]