“HomePay is a construction loan with a capitalized interest component. We will go to 95% LVR on this product to help with that affordability piece, cash flow piece”

Granite Home Loans · The Adviser Podcast Network · In Focus: Extending property ownership reach

Play from 25:58
25:58

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What was described

launch HomePay, a construction loan with capitalized interest repayments for 12 months and up to 95% LVR

12 months capitalized interest, 95% LVR

Said nearby on the same subject

“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 ·
Why it worked 25-year to 30-year term Share this moment
“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.”
♫
Said on Business Essentials
Why it worked 50% LVR Share this moment
“We want low LVRs, we want first loss provision, we want non-construction, we want first registered only”
♫
Said on The Money Puzzle
Why it worked Share this moment
“We do have data in the construction industry. 95% of that data is not utilized”
FK
Fikret Kalay
Digital Builder ·
Hard number 95% of data not utilized Share this moment

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