If i get a interest only loan will it have a redraw facilty with it or not. Cheers
Hi Koolharley
Some do and some don't.
What is the reason behind the question?
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone MeMortgage Broker assisting clients Australia wide Email: [email protected]
As i want interest only loan it has to have redraw in it otherwise i don,t want it.
ok – well make sure that you point that out to your broker/banker when taking out your loan.
Also – an offset account could be another option for you to explore – you can place the funds in the offset and withdraw back out as needed. If the loan is securing an IP – then an offset is likely to be a better option.
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone MeMortgage Broker assisting clients Australia wide Email: [email protected]
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