Tag: Investment Loan

Lending & Finance

Treat your investment property like a business and your tenants like clients

It’s important to look after the tenants in your investment property – it encourages them to stay long term and take care of your property. So how can you keep your tenants happy? By treating your property like a business and your tenants like valued customers.

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Lending & Finance

Why it’s so important to review your investment loans now!

As a result of the “slow down” in investment lending combined with significant losses in market share, major and non-major banks and lenders who imposed heavy restrictions on investment lending are now again open for investment business.

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Lending & Finance

ANZ Lending Update

Effective 16 June, ANZ Bank will increase their Variable Interest Only home loan rates for both investors and owner occupiers by 30 basis points. ANZ's Standard Variable Rate for investment lending with Interest Only repayments is now 6.26% p.a.

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Lending & Finance

Last of the Major 4 Banks to cap interest only loans at 80% LVR

Westpac Bank announced today the maximum LVR (loan to valuation ratio) for those seeking interest only repayments will be capped at 80%. This applies to both owner occupied and investment lending. They are last of the Major 4 Banks to cap LVRs for …

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Lending & Finance

Overcapitalising – what is it and how to avoid it

As a home owner or property investor, you may have heard the term ‘overcapitalising’. But what exactly is it and why is it considered bad?

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Lending & Finance

Your guide to investment property loans

There are certain things to look out for when selecting and applying for a loan for your investment property. Here we look at the main differences, the most popular loan types, and how to get the best mortgage for your situation.

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Lending & Finance

Cash rate remains at 1.50% and lending polices are expected to further tighten

The RBA has again left interest rates on hold at the historical low of 1.50%. There has been no changes to the cash rate since August 2016. However over the past few weeks out of cycle rate hikes by the major banks and second tier lenders have made front page headlines. These interest rate increases ranged from negligible increases to owner occupied loans to smacking investors and those whose loans feature interest only repayments with some significant increases. 

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Lending & Finance

Your property inspection checklist

When you’re house hunting, it’s easy to get distracted by aesthetics. This checklist will help you focus on what’s really important at a property inspection.

 

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Lending & Finance

CBA & Bankwest temporarily suspend lending for purpose of refinancing investment loans

In breaking news CBA and their subsidiary Bankwest released communications today that they will no longer accept applications for refinance of investment loans as of Monday 13th February.

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Lending & Finance

Six winning strategies for auctions

Auctions are competitive and stressful for most bidders. Here are six smart strategies that could improve your chances of winning.

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Lending & Finance

Home Loans 101

There are a range of home loans available in Australia, so it can be hard to understand their features and whether they are right for you. This guide explains all you need to know.

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Lending & Finance

Investment Loans – interest increase for investors

Over the past week there have been some bold moves by the major 4 and second tier banks to curtail their investment loan book growth to 10% p.a.. This is in line with APRAs guidelines and recommendations issued back in December 2014 (refer attached) and in addition to the regulator increasing capital adequacy requirements for residential mortgage exposures.  After some mild reaction in recent months, there has been some drastic changes over the past week including;-  ….

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