banks exchange rate buffer what % do they use

Discussion in 'Loans & Mortgage Brokers' started by patch__, 2nd Sep, 2008.

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  1. patch__

    patch__ New Member

    Joined:
    1st Jul, 2015
    Posts:
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    Location:
    christchurch nz
    we are kiwi investers with properties in qld our suncorp bank have increased their exchange rate buffer to 20% which means our previous approved preapproval is cancelled so we cannot obtain a loan from this bank.so my question is does anyone no of a lender who uses a smaller buffer than 20%in their exchange rate calculations? thanks in advance patch .
     
    patch__, 2nd Sep, 2008
    #1
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