Hi All,
I've recently been told by ANZ that they only count 75% of the rental income for a property when calculating a loan.
I not so subtly pointed out that my average over 19 years between my properties is 99.999 (lost 1 week on 1 property while I was cleaning it) and perhaps they should base their figures on reality for individual clients rather than applying blanket theoretical figures to everyone.
Can anyone tell me what % other banks are using?
I'm also interested to hear of a good mortgage broker - I'm on the North Shore, Auckland.
Regan
I've recently been told by ANZ that they only count 75% of the rental income for a property when calculating a loan.
I not so subtly pointed out that my average over 19 years between my properties is 99.999 (lost 1 week on 1 property while I was cleaning it) and perhaps they should base their figures on reality for individual clients rather than applying blanket theoretical figures to everyone.
Can anyone tell me what % other banks are using?
I'm also interested to hear of a good mortgage broker - I'm on the North Shore, Auckland.
Regan
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