Wondering what people are experiencing, seeing, hearing with banks with respect to financing for residential real estate investment.
Some questions under consideration:
1) are banks reviewing and reassessing the market values of the existing property collateral they hold?
2) are banks asking for more collateral?
3) are banks strictly enforcing the 60% LVR for investors across your whole portfolio?
4) are banks allowing equity release when you sell your investment property?
5) is it more difficult to extend the maturity of an interest only mortgage?
6) is the credit approval process taking longer or shorter?
7) are banks reducing your home equity credit line facilities?
8 ) any other observations about the bank financing environment
Some questions under consideration:
1) are banks reviewing and reassessing the market values of the existing property collateral they hold?
2) are banks asking for more collateral?
3) are banks strictly enforcing the 60% LVR for investors across your whole portfolio?
4) are banks allowing equity release when you sell your investment property?
5) is it more difficult to extend the maturity of an interest only mortgage?
6) is the credit approval process taking longer or shorter?
7) are banks reducing your home equity credit line facilities?
8 ) any other observations about the bank financing environment
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