Property Investment

Optimise Your Wealth Growth: Invest in Property with the Perfect Loan

Lauren Parsons, your trusted Mortgage Choice Broker in South Plympton, welcomes you to a world of unparalleled expertise in property investment. Investing wisely is a journey, and selecting the right loan is your passport to maximising returns. Our dedicated team at Mortgage Choice understands the intricacies of the investment landscape, and we are committed to guiding you through the process with precision and care.

When it comes to growing your wealth through property investment, having a reliable partner is essential. We specialise in comparing hundreds of loan options to identify the one that perfectly aligns with your unique financial goals. At Mortgage Choice, we go beyond the ordinary – we are your advocates in the financial realm, helping you make informed decisions that will shape the trajectory of your investment success.

Imagine embarking on your investment journey with the assurance that every financial decision is backed by thorough research and expert analysis. Just as you meticulously scrutinise the market for the ideal investment property, we believe in approaching loans with the same level of diligence. Our team is equipped with the tools and knowledge to navigate the vast landscape of loan options, ensuring that your chosen loan not only offers competitive rates and fees but also provides the flexibility necessary to make the most of your investment.

  

Diverse Choices for Investment Loans

While investment mortgages might carry a slightly elevated interest rate, the specific terms depend on factors such as the lender, location, and property type. Generally, your investment loan structure resembles that of a home loan, involving repayments based on the loan principal, interest rate, and term.

Similar to owner-occupiers, investors can opt for a basic or feature-rich standard variable rate loan. Yet, there are specialized loan options designed to provide specific advantages for landlords

Fixed Rate Loans

Many investors prefer the stability of fixed-rate mortgages. With this type of loan, the annual interest charge is predetermined, allowing landlords to prepay up to 12 months of interest each year, making it eligible for a tax deduction.

This approach can help balance your tax liability in years when income from other sources, such as wages, is higher than usual. Success with this strategy depends on having ample cash to prepay interest, and consulting with your tax advisor is advisable to ensure you can claim the entire interest charge as an expense in the current tax year.

Interest Only Loans

Unlike most other loan types, interest only loans involve payments that solely include loan interest - there is no repayment of the principal. The principal is repaid when the property is sold. As some investors aim to make a profit on the sale of the property rather than eventually owning it outright, an interest only loan can be appealing for landlords.

This type of loan offers two key advantages - first, the monthly repayments are usually less than for a principal and interest loan. Secondly, all your repayments are tax deductible as they don’t involve capital repayments of the loan. Most loans permit interest only payments for a limited period, generally up to five years. After this you will need to renegotiate the loan payments with your lender.

Line of Credit

A line of credit loan allows borrowers to withdraw cash from their loan up to a certain limit as and when they choose. Each month the loan balance is reduced by the amount of cash coming in and increased by the amount paid for drawings, direct debits or cash withdrawals. There are usually no set repayments, so this loan is best suited to experienced investors with the discipline to manage the loan carefully.

 

Investor's Property Handbook

Discover the ins and outs of purchasing an investment property, explore the costs involved, and grasp the concepts of positive/negative gearing. Uncover the pros and cons of houses versus units in our comprehensive, downloadable guide.

Download your copy of the Investor's Property Handbook here – it's free!

 

Curious about diving into the world of investing?  

 While many Australians hold investments, it's essential to ensure your portfolio truly aligns with your goals. Eliminate guesswork with professional advice. Watch this brief video for valuable insights on starting your investment journey.

 

Let's Chat

When it comes to property investment, the right loan is your key to success. Wether you're a seasoned investor or a first-time buyer, Lauren is dedicated to helping you unlock the full potential of your investments. With a personalised approach, expert analysis, and a commitment to transparency, we are here to be your partners in financial success. Trust us to guide you through the intricate world of loans and investments, ensuring that every decision you make is a step toward a more prosperous future.