Search found 2 matches

by Skip
Thu Jul 11, 2019 2:02 pm
Forum: Home Loan Forum
Topic: Which trust structure do mortgage lenders prefer - Discretionary or Unit trusts?
Replies: 3
Views: 2287

Re: Which trust structure do mortgage lenders prefer - Discretionary or Unit trusts?

That’s great. What I’m concerned about is the requirement to have all the beneficiaries of the trust as guarantors.
Are there lenders who don’t have this requirement?
by Skip
Wed Jul 10, 2019 6:17 pm
Forum: Home Loan Forum
Topic: Which trust structure do mortgage lenders prefer - Discretionary or Unit trusts?
Replies: 3
Views: 2287

Which trust structure do mortgage lenders prefer - Discretionary or Unit trusts?

Hi, I’ve been consulting my accountant about setting up a trust to purchase another IP (investment property). I’ve been debating between a unit and discretionary trust. I guess my question is how do lenders view trusts? Which trust structure do lenders prefer?