Looking to get into or expand your investments in the housing market?

Property can be a profitable and secure investment, and you don’t need to be rich, retired or part of the building trade to benefit.

A Residential or Investment Loan can help you to buy a property or refinance home loans from another lender. As the names suggest, the difference between owner-occupied residences and investment properties comes down to what you intend to do with them. When you’re buying a home or apartment you intend to live in, it’s called an owner-occupied property. If you plan to rent it to tenants or flip it, it’s considered an investment.

Investment loans are structured in a specific way to allow you to make the most of your assets and finances. We can work with your financial planner and accountant to ensure your loan is set up to meet your specific needs, and we have access to competitive loan options that can help you maximise your investment returns.

There are two main types of residential home loans available to choose from, depending on your needs:

  • Variable residential home loans: This type of loan offers an interest rate which generally changes with the Reserve Bank of Australia’s (RBA) cash rate.
  • Fixed residential home loans: With this type of loan the interest rate is locked in for a certain period of time.
The variable rate loan offers more features and flexibility than the basic fixed rate loan, so the rate is usually slightly higher. Fixed rate loans are set at a fixed rate for a specified period – usually one to five years. This gives you the advantage of knowing how much your repayment will be, allowing you to organise your finances without the risk of rising interest rates. However, this advantage is offset by the possibility of not benefiting from a drop in rates.
 

Entering the market can be daunting, but we can help you understand how to invest in a way that maximises your returns. Contact us today for more information.