Make
Sure You Submit Your Entire Borrowing Portfolio
Whether you have all your investment home loans with
the same lender or not, make sure your mortgage broker
is aware of your entire home loan portfolio. The size
of your portfolio can give you considerable negotiating
power for interest rates and fees as the total increases.
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Investment
Home Loans Summary
There are a myriad of Investment home loans available
to you and you can find out about most of them on this
site. From very cheap to highly flexible, the right
investment home loan really depends on your particular
needs. Just click on the link below for more specific
information on the type of loan you might be interested
in or talk to our mortgage broker to find out which
best suits your situation.
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Honeymoon
and Introductory Rates
Don't
be afraid to utilise honeymoon or introductory rates
for your investment purposes. These kinds of home loans
are not just for first home buyers or smaller borrowers
and there are a surprising number of options available
that may suit investors..
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Investment
versus Personal Use
Investment loan decisions are often influenced by whether
the borrower has any owner-occupied debt. Owner-occupied
debt is usually paid off first to maximise the effectiveness
of gearing, while the tax effective debt (investment
debt) usually has the minimum repayments possible, often
interest only repayments. If there isn't any owner-occupied
debt, then personal circumstance and choice dictates
interest only, principal and interest or a combination
of the two. Talking to your accountant or financial
planner is particularly important when you are planning
on making decisions about funding for investment purposes
versus owner occupier or personal use.
Call a home loan specialist
on (02) 9630 9866 to take advantage of minimising interest
repayments when you are building.
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