Investment Property Loans

Looking to buy an investment property? You’ve come to the right place! Hunter Galloway can take care of all of your investment property needs.


What You Need To Know About Investment Loans

It’s important to be aware of all the different aspects when it comes to investing in property.

Advantages and disadvantages of investing?

The advantages of investing make it worth your time and money to start investing in property. Some advantages include watching your properties grow, tax reductions, having an asset base, constant return from the rental yields, and holding a secure investment that is not reliant on the stock market.

However, nothing in life is perfect so as with everything, there are some disadvantages when it comes to investing.

These disadvantages include the costs involved, like maintenance, rates and taxes, gaps in tenancies – if you struggle to find replacement tenants, the risk involved, and bad liquidity when it comes to selling.

The difference between feeling these disadvantages greatly or hardly at all, is whether or not you have professionals working with you, on your side helping you through.


What is negative gearing?

By organising your property portfolio with the right loan, we will be able to maximise your borrowing capacity. By looking at negative gearing, capital gains tax, depreciation, offset accounts and an investment property calculator, each of these factors will be taken into account when setting up your investment loans.

Speak to our lenders for a free assessment of your property portfolio now on 1300 088 065.


How can I qualify for a loan?

When it comes to qualifying for a loan, the process can be quite difficult and often a number of factors will come into play that you weren’t even aware of.

The following criteria covers the first steps in qualifying:

  • Savings – you should have at least 5% to 10% of genuine savings
  • Good credit history
  • Stable employment
  • An above average / high credit score
  • Equity in other properties – if this isn’t your first investment

If you believe that you qualify for an investment loan, contact Hunter Galloway now for a chat about your application.


How to increase your borrowing capacity?

If you wish to increase your borrowing capacity, there are a couple of aspects that can help you with this.

  • Reduce your credit card limits
  • Apply for a joint loan (with your spouse so that you have a double income)
  • Buy positively geared investment properties
  • Fix your rates

Other aspects that are reviewed include looking at your rental income, your base salary, assessment rate, existing debts and negative gearing – not every lender takes negative gearing benefits into account.

If you fit in with this criteria, through responsible borrowing, you will be able to set up an investment loan. If you would like to find out how much you can borrow from several different lenders then speak to one of our mortgage brokers now.

Call us on 1300 088 065 or send us an enquiry here.