Three ways to structure your investment property loan Thinking of purchasing an investment property? You may need an investment property loan. Here are three ways of structuring your loan; Cash Deposit- Most commonly applies if you don’t have equity in an existing property. Your only option is to pay cash for the deposit and purchase costs. In today’s […]
Smarter Finance
Increasing Your Wealth with Smarter Finance Wealth = What you own –What you Owe. In a lending sense, any ideas we can implement that reduce the amount of your money being used to pay interest on your home or investment loans increases your wealth. This can take two forms; You retain more money in your bank […]
Your Home Loan Interest Rate
In todays complicated home loan lending world there are six keys to your home loan interest rate . They are; Whether the purpose of the loan is for owner occupier or investment property. With most lenders, borrowers with an investment loan will pay a higher rate that an owner occupier loan. The size of the loan, or […]
Mortgage Brokers help borrowers
Six ways Mortgage Brokers help borrowers. As a potential borrower you have many choices as to how you obtain your next home loan or investment property loan. If you haven’t used a mortgage broker such as myself before, here are six key ways a Mortgage Brokers help borrowers. Lender policy niches- This is a hugely […]
Buy an Investment Property
One consequence of the current APRA crackdown on investment property loans is that some lenders have reduced the amount they will lend on investment properties to 80% of the property value. Is this an issue? My short answer would be no, it doesn’t make much difference. The reason I say this is that most people […]