Thanks @Paul@PAS I am not dependent on bank to achieve debt recycling. Meaning, I don't need to reduce loan limit. I can simply park money into...
If I park $100k minus $1 cash into redraw and take it out the next day and park it in the offset account linked to original loan and then in...
I heard that if I withdraw money from redraw account it is considered a new lending. I have a PPOR loan split of $100k. I also have $100k cash...
Is there a benefit of LOC over redraw(or offset)? Is LOC product relevant these days when we have redraw (or offset) available? Who is opting...
I have a split loan of $150k. (Secured against an investment property. Purpose was to purchase PPOR). Obviously it is not tax deductible yet....
These did not proceed to refi. I accepted lender's retention cashback and stayed with them. I have multiple loans with multiple lenders.
Loan is repaid after 2.5 years. Will not lose previous commission. In fact broker will gain new commission.
Why not? I don't want broker to miss out on her commission. It's a win-win (for broker and me, not for the bank of course ).
He said cash will be deposited within 10 business days. You think I can settle same application after receiving cash?
Refinance is due to settle in 7 calendar days. Outgoing lender called and offered retention cashback. He said it will credit to my account within...
I received a letter from ATO that says "You have entered the PAYG instalments system". "Helping you avoid a tax bill at the end of the year" I...
Newbie question: How the commission houses are built in Victoria? I hear there is a major government push to increase public housing across...
Thanks all. Appreciate the responses.
I have a loan with Suncorp and would like to take out an equity loan of about $100k. Property valuation came lower with Suncorp. I would like to...
I called up nsw fair trading. They confirmed it doesn't have to be done by a licenced plumber. A handyman or landlord can conduct the test using...
3 year old. But nsw fair trading guidelines makes it mandatory to have water efficiency measure recorded with condition report regardless of...
Can I get a handyman to do this test? Would it meet compliance requirements?
Will it satisfy the compliance requirements if I do it myself using this method? How does a licensed plumber do it?
I am a landlord. We are in the middle of a tenancy. Property manager says we need to get water efficiency compliance certificate in order to be...
Would the pre approval be still valid after RBA rate rise? Will bank calculate the serviceability again using higher rate or they go by the...
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