Can a Mortgage Broker Help Me With My Property Investment?
If you are considering a property investment, speaking to a mortgage broker is a great way to get the ball rolling.
Investor borrowers tend to have a great borrowing history and a strong equity position, which makes them especially appealing to banks and lenders.
This puts you in a great position to find a competitive home loan deal - and a trustworthy mortgage broker can help you weigh up your options depending on your circumstances.
For example, you might simply be looking for a standard home loan with fixed or variable rate payments, or you may wish to look into more complex home loans that can help you take advantage of effective tax, repayments and gearing.
In addition, you might be keen to explore the various features that are also available for standard home loans - including the ability to make additional repayments, offset and redraw facilities to name a few.
Your broker can help you identify which of these features may be most applicable to your personal situation, and can assist you in effectively managing your investment over the medium-to-long term.
To get more detailed information on your situation, talk to a Loan Market mortgage broker today.