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Tim McGrath
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Tim McGrath

Joined 6 October 2014
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Tim McGrath
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7 October 2014
Re: Having one Loan for Land and HouseHome Finance
3
Oct 06, 2014 11:31 pm
Hi Drekko There is no problem "topping up" a land loan with a construction loan once you are ready to build so you only have one loan. The only exception is if your land loan is on a Fixed rate. Having 2 loans won't cost you extra interest or additional LMI (compared to only having it as o...
Hi Drekko There is no problem topping up a land loan with a construction loan once you are ready to build so you only ha...
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