Question for the brokers - I have currently have a Low Doc variable rate with RAMS and Line of Credit linked to the IP. If i refinance the both loans after the 1 year period will i be up for more fees? I am using the self employed propack. I am not sure if i can refinance both loans into 1 without paying more fees Can I consolidate the LOC (which would be a higher rate) back to the other loan split to save money?
Have a read of your contract which will specify fees. Or give them a call. They should be able to answer those questions in the time it took you to post it here! Cheers,