In this episode, we review NZ Homes Loans. This is a mortgage and insurance business, that claims they can wipe years off your mortgage. But are their claims fact or fiction?
We discuss their 'channelling' strategy, where investors use revolving credit and offset accounts to reduce the interest they pay on their mortgage. We also cover when this strategy does and doesn't work.
If you have a topic that you'd like us to discuss on the show, then send us a text. Our number is 5522. It would be great to hear from you.
The Property Academy Podcast