A good investment loan can make property investment a much smoother process. Investment loans vary depending on what you are looking to achieve, and can be either very simple (like your standard home loan), or something more complex that helps you to make effective use of tax, gearing and repayments.
Looking to improve your bottom line? A mortgage broker might save you money by finding you a better deal that costs you less to increase your profit margin on an investment property. That is just as good as getting a tenant to accept a rent rise. Why not see if you can get both by contacting me to give your investment loans a health check.
Some of the loan types and payment options for your investment loan include:
- Variable rate loans
- Line of credit loans
- Fixed rate loans
- Paying your interest in advance
- Making interest only repayments
Talk to me today to find out how you can make good use of loan features such as redraw, offset and additional repayments to help manage your investment loan.