“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 ·
“With our 2% buffer instead of 3% buffer from 30-year to 40-year, you're helping the consumer get that extra stretch within the prime space”
Granite Home Loans · The Adviser Podcast Network · In Focus: Extending property ownership reach
Play from 4:50
4:50
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What was described
offer a 40-year loan with a 2% servicing buffer instead of the usual 3% buffer for a 30-year loan
40-year term, 2% buffer, 3% buffer
Said nearby on the same subject
“He offers the shares up as collateral, which appears to be how he usually does business… he pulled back the share dump and is doing another margin loan”
LE
Larry Ellison
Better Offline ·
“You have to own separate companies doing it. It can't be the same company... I now have a company called Evoland... that allows us to legally service loans at another company and pay loan officers.”
♫
Said on Dropping Bombs
“They're going to change things like 40-year loans and how much shading they do in borrowing capacity calculators. So we see an increase in credit.”
♫
Said on Personal Finance with Ravi Sharma | Australian Finance & Property Podcast
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