Using a 2nd-tier Lender – How to Borrow More Money Than The Reserve Bank Wants Banks to Lend You | Ep. 118
The Property Academy Podcast - A podcast by Opes Partners
Categories:
In this episode, we talk about the risks and benefits of using a 2nd-tier lender. 2nd-tier lenders are non-bank lenders, which means that they are not subject to the lvr restrictions set by the Reserve Bank. This means that they can lend above the 30% deposit required for an investment property without having to squeeze it into the small allowance offered for low-deposit loans.
