Do You Go With Different Mortgage Providers For Each Investment Property?

Do you go with a different mortgage provider for each investment property or do you have multiple properties with a single lender? In an ideal world every single loan that I would personally have would be with a different mortgage provider. The reason for that is that most banks in their contact have what they might call an "all monies clause". This means if you default on one of their loans they can sell multiple properties to get their money back even though they aren't cross-collateralised. However, it's very difficult for a bank to go to another bank and try to sue them. They've all got the same firepower. It's a lot easier for them to force a foreclosure on an individual investor rather than trying to force another bank to do what they want. However, in some circumstances it does make sense to have multiple properties with the same lender. It can sometimes give you increase borrowing capacity, access to better interest rates, offset accounts or other lending benefits that you wouldn't be able to get with difference lenders. Always talk to a mortgage broker and seek professional advice on matters like this. This article should not be consider personal mortgage or financial advice. But hopefully you can get some value from this.