Choosing the right investment loan for your investment property

After you have completed your research, it is then time for you to pick the right investment home loan. At APD Lending Services we are able to call on a number of different lenders to ensure you get the right investment home loan for you.

Investment property loans are very similar from any other type of home loan. You can choose fixed, variable or split interest rates and have flexible features.

An interest only home loan is designed to give you lower payments.  Your payments are lower as they only cover the interest on your loan and not the principal.  A principal and interest home loan means your payment pays the interest while reducing your principal all the time. 

If you already own a property, a line of credit is a way for you to tap into any equity you have built up in that property and, use it as a deposit for your investment property.  You can borrow up to 110% of the value of an investment property if you already own a property and have equity available.  The criteria changes between lenders.

As with any other home loan we can help you compare package in order to source the best loan for you.

Getting an investment property is a big step but financing can be easy.  Tony at APD Lending Services will help you get the best investment property home loan for your circumstances. Click here to see the minimum lending criteria for investment property mortgages.