What's My Borrowing Capacity As An Investor?
Property investors are some of the most sought after customers in the lending market, which gives you an edge when you start searching for an appropriate home loan.
One of the first steps on the road to acquiring a mortgage is discovering how much you can borrow.
One fast and convenient way to assess your borrowing capacity is to consult an online home loan calculator.
This can quickly give you an estimate of what you may be eligible to borrow.
Using a calculator may be a good way to do some initial research to ascertain whether investing in property may be an option you want to consider.
With so many investment loans on offer, the real trick is finding one which meets your exact specifications.
Ideally, you want to locate a mortgage type which will complement your investment strategy.
To get more in-depth details on home loans on the market, you may want to consider discussing your investment goals with a mortgage broker.
As an expert, they have their finger on the pulse of the market and can assess your situation and track down the most competitive home loan deal for you.
For more detailed information on your situation, talk to a Loan Market mortgage broker today.