Lending

[Frezzinghot]

Resimac are the best 'all status' lender in NZ. 80% for standalone investment is a key product, under 4% too!

Will they require security over the properties? Or can you borrow against your own home to purchase IP.

[brokerman]

Will they require security over the properties? Or can you borrow against your own home to purchase IP.

You have two options here.

1. Use your current bank to raise the deposit on your o/occ and then use Resimac to 80% on the rental or


2. Resimac will go to 80% on both if that makes the numbers work.

Servicing is always key here and Resimac's servicing calculator is the best in market at present

Hope that helps