Assessment Rates vs Borrowing Rates – Do you know the difference?
An assessment rate impacts your borrowing power and capacity to lend. When assessing the loan we use an assessment rate from 7.95% all the way up to 9.59%. You need to know your lenders.
RBA Lifts Rates & Lenders Reduced Them
Whilst the RBA has raised rates this week, banks are looking to decrease them. We had a large lending reduce their rates by 0.20% the same day the RBA increased.
Cash Out Up To $1,000,000
We have multiple lenders now offering cash out up to $1,000,000 (subject to LVR and servicing policies). The ease of cash out has happened and now is the time to look at your current equity.
