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Dual Key Home

Discussion in 'Property Finance' started by Syd Investor, 10th Mar, 2016.

  1. Syd Investor

    Syd Investor Member

    Joined:
    19th Jun, 2015
    Posts:
    20
    Location:
    Sydney
    For the brokers out there.

    Do you know of any lender that will go to 90% on a dual key property? I have a friend looking to purchase as a construction but have a feeling most lenders won't go that high?

    Thanks
     
  2. Corey Batt

    Corey Batt Finance Strategist Business Plus Member

    Joined:
    14th Jun, 2015
    Posts:
    1,167
    Location:
    Adelaide, SA
    A lot of lenders don't want to touch dual key, so they'll need to be careful to ensure that they can actually secure finance.

    The last few dual key construction's we've put through have been 80% LVR.