I am about to finalise loan application (already have the conditional approval for the refinance) Before I put it all through I want to make sure it is structured as best it can be for my situation. I have a 263k PPOR loan, and am refinancing to release equity for a pool for my PPOR, and a deposit for an IP. Pool will be 48k. The bank has said they will increase my PPOR loan to 440k to allow for this. The refinance will be at 80%LVR for both my PPOR and IP loans. I asked for the PPOR loan to be split so that the deposit for the IP remains separate and won't get contaminate each other. The bank said this would be okay, but at the end I would only have the two loans ,I think they mean the equity release from my PPOR for the deposit for the IP will eventually be combined into the IP loan itself- does this sound right? Also is 80LVR ok? They have said we can spend up to 450k purchase price for the IP Is there anything else I need to set it up with? Also for sevicability we both need to be On the mortgage- is there any reason we should or shouldn't both be on the title of our PPOR and IP? Thank you!