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Can I connect an asset to two mortgages / (split funding)

I have a rental property funded with 2 loans, one for the deposit / build (20%) and the second for the majority of the balance (80%).
How do I satisfy this requirement.
Thanks
Danielle - Sydney

Best Answer

Answers

  • Quicken Harold
    Quicken Harold Alumni ✭✭✭✭
    Hello Danielle. Appreciate your question. 

    You can setup more than one Mortgage loan in Quicken. You can setup one for your deposit and for the majority, as long as you have the terms for each loan (interest, term, payments, etc) and can set them up as as automatic payments if you wish.

    Hope this helps answer your question. Please let us know if you need assistance.

    Respectfully,
    ~ Quicken Harold.
    Quicken Harold
    Community Moderator
  • Danielle21
    Danielle21 Member
    how do you get around it doubling up on the value of the asset?
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