Investment Loans

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Investing in property can be a great way to build wealth over time. However, it’s important to get the right loan in place to make the most of your investment.

If you’re looking for an investment loan in Australia, there are a few things you need to know. First, you’ll need to decide what type of loan you want. There are two main types of investment loans:

  • Principal and interest loans: These loans require you to pay both the interest and principal on your loan each month.
  • Interest-only loans: These loans only require you to pay the interest on your loan each month. The principal is not repaid until the end of the loan term.

The type of loan you choose will depend on your individual circumstances and goals. If you want to build equity in your investment property as quickly as possible, then a principal and interest loan may be a good option for you. However, if you’re looking to minimize your monthly repayments, then an interest-only loan may be a better choice.

Once you’ve decided on the type of loan you want, you need to start comparing interest rates from different lenders. The interest rate on your investment loan will have a big impact on your monthly repayments, so it’s important to get the best deal possible.

You can compare interest rates from different lenders online or by speaking to a mortgage broker. A mortgage broker can help you find the right loan for your needs and can also negotiate on your behalf to get you the best possible interest rate.

In addition to the interest rate, there are other factors you need to consider when choosing an investment loan. These include:

  • The loan-to-value ratio (LVR): This is the percentage of the property’s value that you’re borrowing money for. The lower your LVR, the lower your interest rate will be.
  • The upfront fees: There are often upfront fees associated with investment loans, such as application fees and valuation fees. Make sure you factor these fees into your decision when comparing different loans.
  • The repayment term: The repayment term is the length of time you’ll have to repay your loan. The longer the repayment term, the lower your monthly repayments will be. However, you’ll also pay more interest over the life of the loan.

Choosing the right investment loan can be a complex decision. However, by comparing interest rates from different lenders and considering your individual circumstances, you can find the right loan for your needs.

Here are some tips for getting the best investment loan:

  • Do your research: Compare interest rates from different lenders and consider your individual circumstances.
  • Get pre-approved: Getting pre-approved for a loan will give you an idea of how much you can borrow and what your interest rate will be.
  • Shop around: Don’t just go with the first lender you find. Compare interest rates from different lenders to get the best deal.
  • Use a mortgage broker: A mortgage broker can help you compare interest rates from different lenders and find the right loan for your needs.

Loan Process

We follow a systematic process that keeps everything on track and discipline is what drives us forward.

Contact our dedicated lending specialist

01

Send your documents

02

We provide you with options.

03

Aprroval

04

Settlement

05

Loan types and features.

There are a number of loan types available to you; variable rates, fixed rates, packaged loans and more, scroll through some of the options below to get a better understanding of what the differences are. We’re here to answer your questions when you’re ready.

Variable rate loan

As the name suggests, the interest rate can change over the life of the loan. This gives you flexibility, but can also leave you open to rate rises. These loans offer more flexible features like unlimited additional repayments, redraw, and offset accounts.

Fixed rate loan

Basically, this is the opposite of a variable rate loan. Your interest rate and repayments will stay the same during the fixed term, no matter what. So no surprises.

Split loan

You’re able to fix part of your loan, while leaving the rest variable.

FAQ

There are several fees that often aren’t discussed in length when buying a property. These include stamp duty, pest and building inspections and mortgage registration and transfer fees. Get in touch with me today for an up-front conversation about all the hidden fees.
Absolutely! You can use your existing home to buy your investment without needing to dive into your savings. This equity can be used for various different reasons, such as a deposit, bonds, renovations or to take out a line of credit.
The ideal loan should maximise your goals for cash-flow and capital growth. One of the first considerations for your loan is will it have a fixed or variable interest rate? Different lenders also play a part as they all offer different loan options. I can help you understand your options and find the right loan with the right features to save you both time and money.
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