Home Mortgages Property Investment Getting the Best Rate

Mortgages

Getting the Best Rate

The Resistance to the Restrictions

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An investment property can be a great way to set you or your family up for a comfortable future, but you need to start with the right foundations.

Lending institutions tend to have tighter restrictions when it comes to lending against investment properties with the introduction of Loan to Value Ratio (LVR)This can lengthen the process and see you miss out on excellent opportunities. A Haven mortgage adviser will be able to discuss the lending options available to you and your circumstances, freeing up your time to concentrate on climbing the ladder.

Our great relationships with the lending institutions means that we can often secure home loans that may be rejected on independent application.

If you are having problems getting a home loan for your investment property, or would like access to the most competitive rates, talk to a Haven adviser and we’ll start the ball rolling.

The Resistance to the Restrictions

An investment property can be a great way to set you or your family up for a comfortable future, but you need to start with the right foundations.

Lending institutions tend to have tighter restrictions when it comes to lending against investment properties with the introduction of Loan to Value Ratio (LVR)This can lengthen the process and see you miss out on excellent opportunities. A Haven mortgage adviser will be able to discuss the lending options available to you and your circumstances, freeing up your time to concentrate on climbing the ladder.

Our great relationships with the lending institutions means that we can often secure home loans that may be rejected on independent application.

If you are having problems getting a home loan for your investment property, or would like access to the most competitive rates, talk to a Haven adviser and we’ll start the ball rolling.

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How Much Can I Borrow?

How much you can borrow depends on your current deposit, the equity you have built up in other properties and your current mortgage repayments. Lenders will also consider the potential rental income on the property.

Pre-approval Loans

It’s important to get a pre-approval loan to give you a head start and show that you’re a serious buyer. Remember that your pre-approval is not a guaranteed loan. Your Haven mortgage adviser will be able to talk you through the conditions of the loan and ensure that you get it finalised once you have purchased your property.

Borrowing Options

There are different options available to you for borrowing against an investment property. With experience in finance and mortgages, a Haven adviser will be able to advise whether freeing up equity, refinancing a current mortgage or taking out a traditional home loan will be the right option for you.

Receive the right investment advice

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