Hey guys I am new to investing but have already hit a wall. The bank is refusing to give me another loan even if I go Interest Only as they claim...
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Liberty is seen by most brokers as a lender of last resort. We've been putting a lot of business there simply because they'll lend significantly...
Some great discussion on the forums since the APRA reforms (e.g. @Eric Wu ("What happens when the Interest Only period expires on your investment...
It doesn't look like reserve bank is going to be raising rates soon with sluggish economy, poor wage growth, low inflation, yet APRA and other...
Hi everyone, With the new APRA regulations and focus on IO loans is everyone locking their loans to 5 years IO? I have the following options and...
How did this article slip past you lot? Scott Morrison greenlights fresh crackdown on property investor loans
got an email from CBA: Commonwealth Bank has today announced an increase to Standard Variable Home Loan Interest Rates and Viridian Line of...
How IO Loans can Help You Retire Quicker I wrote this article as a draft ages ago and think I should put it up before IO loans become extinct....
Investors with existing portfolio appreciate the importance of Interest Only (IO) loan on their portfolio. These IO loans not only reduce holding...
Hi All I thought I would post on my experience with I/O loans...... 1. SunCorp...renewed for another 5 years...alas this will be the last I/O...
The IO are now assessed as if they are PI and they cost a bit more than PI. Is there still benefit to keep investment loans on IO if you have no...
Another lender tightening up on interest only lending. I received an email today advising 90% max for new lending OO and 80% for OO refis. I...
I have a loan with Advantedge that is 10 years interest only. I now want to fix my rate for 3 years at 4.27%. Lender says yes we can do this but...
I'm interested to know if a revaluation is required if you want to extend an Interest only loan ... assuming you stay with the existing bank. Thanks
I've just had Reduce Home Loans quote 3.54% for O/O I/O loan with 100% offset (with setup costs waived). This represents a saving of more than...
REP 493 Review of interest-only home loans: Mortgage brokers’ inquiries into consumers’ requirements and objectives Released 14 September 2016...
I just got a stack of letters from Westpac advising that all of my Rocket investment loans now have a new Reference rate, specifically the "rocket...
Let's say an IO loan reverts to P&I (IO could not be extended for some reason.) I think I understand what happens when a 30-year SVR loan reverts...
Ticking Time Bomb of Interest Only Loans Expiring As servicing tightens up and bank policies change I expect (and others) it to be much more...
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