“Re-amortizing your loan back over a 30-year term ... you’re going to pay more interest over the 30 years, right? ... reduce your repayments down”
PN
Pat Noll
Equity Mates Investing Podcast ·
Granite Home Loans · The Adviser Podcast Network · In Focus: Extending property ownership reach
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launch HomePay, a construction loan with capitalized interest repayments for 12 months and up to 95% LVR
12 months capitalized interest, 95% LVR
“Re-amortizing your loan back over a 30-year term ... you’re going to pay more interest over the 30 years, right? ... reduce your repayments down”
“If you’ve got the ability to go a 50-50 LVR, say loan to value ratio, you certainly should look at that. So you’re not drowning in the debt of the fund or at risk of increasing interest rates.”
“We want low LVRs, we want first loss provision, we want non-construction, we want first registered only”
“We do have data in the construction industry. 95% of that data is not utilized”
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