Investment Property
Loans
HOW WE CAN HELP
Get a loan for an investment property!
An interest only investment mortgage is actually a very common choice for an investment property or a second property where it is ok that the balance won’t decrease over time. With an interest only mortgage your monthly payments are just that – interest which means you will still owe as much at the end of the term as you do at the start.
This is generally suitable for people that are purchasing investment properties and that are looking to keep their repayments low.
Our Investment Property Loan Process
Initial Meeting
Understanding You
Documents
Documents
Options
Your Tailored Options
Lodgement
Lodgement
Approval
Approval
Settlement & Ongoing Support
Settlement
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Frequently Asked Questions
The interest only period can vary generally from 1 to 5 years. After that period has ended the loan will revert to a principal and interest repayment. In some cases the lender will give you an extended interest only period or we have the option of taking the loan to a new lender that will give you an interest only period as long as this does not put you in a position where you are worse off.
Depending on your loan specification, most banks will allow you to make extra repayments when your rate is variable. If your loan is fixed you may be limited to amount of extra repayments you can make.
Yes, interest only investment loans are assessed differently to owner occupied loans. Interest rates are higher meaning that over the term of the loan the amount of interest will be more.
Get In Touch
Phone
Address
Suite 575, UL40, Level 2
1341 Dandenong Road, Chadstone,
Victoria 3148
