Search found 3 matches

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Mon May 13, 2019 7:55 pm
Forum: Home Loan Forum
Topic: Lenders with flexible policy around guarantors for trust loans
Replies: 5
Views: 11765

Re: Lenders with flexible policy around guarantors for trust loans

That’s doable. What additional charges am I liable for when applying for trust loans? Are the rates higher?
by
Mon May 13, 2019 5:29 pm
Forum: Home Loan Forum
Topic: Lenders with flexible policy around guarantors for trust loans
Replies: 5
Views: 11765

Re: Lenders with flexible policy around guarantors for trust loans

I want to diversify the portfolio of our trust and I’ve found a suitable investment property. I’ll be liquidating some of our lower performing ETFs and use that towards the deposit for the investment property. What’s the maximum LVR we can borrow using a family trust?
by
Mon May 13, 2019 4:14 pm
Forum: Home Loan Forum
Topic: Lenders with flexible policy around guarantors for trust loans
Replies: 5
Views: 11765

Lenders with flexible policy around guarantors for trust loans

Hi, I’m the trustee for our family trust, my three siblings are all beneficiaries in the trust. I’m looking to buy an investment property. Our bank ANZ knocked us back saying they require all the beneficiaries to be guarantors. One of our beneficiaries is always travelling abroad for extended periods of time and has refused to do it outright. Are there lenders with flexible policy around guarantors for trust loans?