Refinancing And Equity Release Under The Post-APRA Lending Landscape
Inefficient loan structures can block investors from achieving their property goals, but finance broker Taylor Chang has three high impact tips to make sure you get things right from the start.
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Australian Prudential Regulatory Authority (APRA) reforms have made it harder for investors to convert equity to liquid cash and access interest-only loans, highlighting the need for specialist lending advice. Until April 2015, if you had enough equity in your property and your income could service a higher loan, most lenders would grant an equity release or cash out option. It was also much easier to access interest only loans but since the APRA…
