Smart investment property loans so that your portfolio can grow with you.
Are you are looking to buy your first home or investment property? Perhaps you already own a portfolio of properties? Either way, we’re here to assist you to prepare a smart investment strategy so that your property portfolio can grow with you.
Whenever we have a home loan enquiry, we always ask ‘Do you think this will be your forever home?’.
This is because many people buy their first home, and then a few years later turn it into an investment property and move onto the next one!
Having this conversation and securing the right type of finance from the get-go can not only save you thousands, but also ensures your investment goals are not hindered by a loan contract.
A financial structure that doesn’t align with your investment strategy can be just as detrimental as selecting the wrong type of property.
We pride ourselves on providing the utmost service and genuine care for our clients, so a big part of our service is getting to know you, to help you set clear investment goals and formulate a plan to get there. We’re with you every step of the way.
We can also help you to understand your tax obligations and any tax benefits you may be eligible for. We’ll liaise with your accountant to discuss your needs and ensure we all work together to confirm any investment decisions align with your overall strategy.
Interest rates have been historically low for some time, but credit has tightened in the wake of the COVID-19 crisis so lenders are more cautious about who borrows and for what.
We’re up-to-date with each lender’s appetite in this new environment, and can secure you an investment loan, or review your existing portfolio to see if there are savings to be made.
Choose a Loanright Broker to be your advocate
There are hundreds of investment loans available, so why would you limit yourself to what your bank has available? As Mortgage Brokers & refinance advisors, we listen to you to understand YOUR needs, then we compare a variety of investment loan products available from Australia’s leading lending institutions.
Keep Competition Alive
We work with multiple lenders, to keep competition alive.
If Mortgage Brokers were not in business, competition and choice in the home loan industry would decline. Bank power and the risk of higher interest rates would increase, leaving Australian’s to pay the price.
Once we’ve established which investment loan suits your needs, we’ll get to work on your application, complete all the paperwork and submit it to the bank on your behalf. Our aim is to save you time and stress, and to get things moving as quickly as possible so you can finalise settlement and secure tenants for your new investment property.
Investment property loans that meet your changing needs
We don’t just set you up with a loan for your investment property and then forget about you. An average property loan term is 30 years. Your needs change over the years, so why should your loan stay the same? We will regularly check in with you to review your loan to ensure your loan is still working for you.
Investment Property Loan FAQ's
We’re all unique when it comes to our finances and borrowing needs. Contact us today, we can help with calculations based on your circumstances.
Most Australian lenders require you to have a minimum deposit of 5% – 10% of the purchase price, plus enough savings to cover your purchasing costs (eg. stamp duty and conveyancing).
There are so many different investment property loan products, some with lower introductory rates, so we really need to talk to you to understand your needs, before we can quote your repayments. Talk to us today to see what’s currently on offer from our lending partners. We’ll work with you to find a loan set-up that’s right for you.
It usually costs you nothing to use a Loanright Broker to assess your scenario, find you a suitable loan and have it approved and settled. If any fees apply, we will discuss these with you before proceeding.
On most occasions, we are a paid commission from your lender after the settlement of your new loan. This commission is not paid by you, and does not influence which lender we place your loan with – we always have your best interests in mind when selecting the right loan for you.
A Mortgage Broker actually saves you money by finding you a competitive loan and making sure you know exactly what you’re signing up for. We build strong relationships with the banks and often have access to competitive loans that are not available to the general public.
When you are looking to buy an investment property, a few of the costs you should budget for include:
- stamp duty
- conveyancing fees
- legal costs
- pest and building reports
There are also ongoing costs of owning a property, which include:
- council and water rates
- land tax
- body corporate fees
- building insurance
- landlord insurance
- property management fees (if you use an agent)
- repairs and maintenance costs
We can assist you with finance in person or remotely via phone calls or zoom. We are not restricted by location, so give us a call wherever you’re located.
Sunshine Coast suburbs we service include…
It’s always beneficial to have a team of professionals on your side when you’re thinking about buying property.
If you’re wondering if buying property on the Sunshine Coast is a sound investment, you can engage a financial planner and / or accountant to discuss your options. We are happy to sit in on these discussions so that your team of professionals are all up-to-date with your overall strategy.