In this episode, we discuss what happens if you lie to the bank and how to talk to the bank when they ask you what extra lending is for.
When you apply for lending from your bank so that you can use it as the deposit for a mortgage from another, both banks will assess all the lending you plan to take out. And you need to pass BOTH bank's servicing tests.
Finally, we discuss our upcoming Live Podcast Tour, which is happening mid-September in: Christchurch, Wellington and Auckland. Click on the links to register for your free ticket.
The Property Academy Podcast