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you can also get interest guaranteed income using some of these non conforming lenders direct.
for example la trobe home loans although sharks, will gladly use your funds for a return.
You can get as low as 5% and I have seen as high as 25% guaranteed by mortgaged securities.
Byronent
Adelaide SAMany private lenders also offer this.
Robert Bou-Hamdan
Mortgage Adviser
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Comments made are of a general nature and should not be construed as individual advice.
© 2004 Mortgage Packaging Pty Ltdwhat’s the interest rate charged funds geared with Fusion ?
I am more thinking 40% aust, 60% overseas next year, as I expect US equities to outperform from q2 2005.
Mortgage securities worry me, the banks have shifted the risk so when there is period of high defaults, they maybe more insulated than in the past. I wonder who is insane enough to be holding the massive amount of MBS, probably super funds.
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