What is the
One Bank Trap?
The One Bank Trap is when all your debt is with one lender and is exposed to the one lender’s rates and rules. It is to be avoided! Learn why and how multiple lenders can help you grow your property portfolio.
What's inside?
In this eBook you will learn:
- The pitfalls of the one bank trap
- Common debt structures
- Recommended debt structuring
- Optimal pre-approval recommendations
- Split banking strategy
- How to release new equity
About the author
Kris Pedersen founded Kris Pedersen Mortgages in 2007, and is currently Kris Pedersen is recognised as one of the top three advisers in New Zealand.
After witnessing many new clients being set up in ways that were more beneficial for the bank than the actual clients, Kris set out to change this and quickly gained a reputation for finding property funding solutions where others couldn't.
By drawing on his personal property investment knowledge and armed with experience working at a market leading non-bank lender, Kris developed outside the box lending structures which allowed more applicants to get deals across the line.
About the author
Kris Pedersen founded Kris Pedersen Mortgages in 2007, and is currently Kris Pedersen is recognised as one of the top three advisers in New Zealand.
After witnessing many new clients being set up in ways that were more beneficial for the bank than the actual clients, Kris set out to change this and quickly gained a reputation for finding property funding solutions where others couldn't.
By drawing on his personal property investment knowledge and armed with experience working at a market leading non-bank lender, Kris developed outside the box lending structures which allowed more applicants to get deals across the line.
