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Monday, August 31 2015

It is possible for accountants and lawyers to borrow up to 90% of a properties value without paying mortgage insurance. That means a saving of thousands of dollars in loan establishment costs.

Lending can be for your own home or for an investment property. This offers a number of potential benefits:

  • Retain more cash for other purposes whether buying your own home or investment
  • Release additional funds against your home or investment for improvements or further investment without substantial cost
  • Mimimise the amount of equity required to purchase an invsetment property

Borrowing can be in personal names or in a company or trust if for investment purposes.

A number of qualfying conditions apply so contact us for further details.

Posted by: Greg Carroll AT 07:19 am   |  Permalink   |  Email