APRA reaches out to major banks as housing credit picks up
The prudential regulator has asked the boards of major banks to confirm they’re maintaining a strong focus on lending ...
Lisa Montgomery, Finance expert, Resi Mortgage Corporation
Putting in place the right financial structure can help you grow your portfolio.
It's very important that right from the out set that you're working with your lending professional to set up a structure for your multiple property portfolio. So that it's going to not only suit you now but it's also going to be one that's going to take you into the future and will work for you then. So that you're looking at saving money over all, via interest, but also money on costs, so being able to save costs like LMI and loan set up fees. But also that that structure is malleable enough so it's going to be able to shift and change with the different detours you might need to take with your property portfolio.