Savvy Finance can help investors to secure finance for various residential and commercial real estate properties.

The main eligibility requirements for an investment property loan are a good credit history and available funds, or equity in another property to cover the deposit and other costs, such as stamp duty. Your investment in a residential or commercial property could be part of building a portfolio to boost your retirement income or for family and friends to use for holidays.

Investment property loans in Australia generally carry a higher interest rate and have a restricted loan-to-value ratio (LVR) in comparison to a loan for a primary residence.

Interest rates for the loan are variable or fixed. It is possible to have a fixed rate portion and a variable rate portion. Repayments can be principal and interest or interest only.

Savvy Finance can help you secure an investment loan with the lowest variable or fixed interest rate. A lower interest rate means lower repayments, which makes your investment property less expensive.

We can help minimise the fees you have to pay for your loan and provide you with a mortgage with features such as an offset account to help you build up savings while reducing your interest charges. Offset accounts can also be very helpful for investors planning to convert their home into an investment later.

As an investor, most expenses related to owning and maintaining your investment property are tax deductible. This includes your loan fees and your loan interest charges. Talk to us today about property investing.