Loans to Finance Your Investment Property
Investment Property Home Loans just got much harder with both the banks and the government making it harder for people to fund an investment property purchase.
Structuring an the Interest Rate are very important when it comes to financing an investment property and you really should be seeking the services of a highly experienced mortgage broker.
The major changes that have come into effect is the LVR (loan to value ratio), generally we could fund you up to 90% of the purchase price, now we are looking at 80%. Interest rates have also increased for investment loans and can be almost half a percent higher than loans for a property you live in.
Please call or email Miracle Home Loans on 1300 645 888