Do you need a home loan for investment property? Investment home loans are essentially the same as home loans used for owner occupied purposes – interest rates, facilities, options etc. Investment loans can be used for property purchase, or to purchase a share portfolio (The debt needs to be secured by property). Either way, the use […]
Recent interest rate rises are likely to trigger widespread rent increases as demand for residential property grows and landlords move to recoup added home loan costs. It is estimated that in order for landlords to cover increased home loan costs for a 0.25 percent interest rate rise: Rents on properties worth $300,000 would need to […]
Generally, for older home owners, who have usually paid off their original home loan, borrowed against the value of their house to obtain cash to be used for the likes of overseas travel, improved lifestyle or to pay for grand children’s school fees. They do not have to repay the loan until they sell the property, […]
Mortgage Brokers – Should You Use Them? Believe it or not there are many benefits to using a mortgage broker. In this article only two will be presented. As mentioned, many (perhaps even you) may feel that with the easy access and amazing source of information provided by the internet it is not a difficult […]
It doesn’t matter if you are a seasoned investor with a portfolio of investment properties or you’re just now on your way to getting onto the home loan treadmill. It is going to be a ‘long walk’ no matter how you look at it. Home loans have changed throughout the decades. Once you had to dress up […]
