Investment Loans

Buy your first investment property or expand your portfolio with an Investment Loan

At Newstone Finance, we understand that investing in property can be a significant step towards financial growth. Whether you are buying your first investment property or expanding your investment property portfolio, securing the right investment loan is crucial. Our expertise in investment loans allows you to access investment loan options from banks and lenders across Australia, tailored to meet your financial situation and investment goals.

When considering an investment loan, understanding your borrowing capacity is essential. Several factors influence this, including your credit history and loan amount. A solid credit history can lead to interest rate discounts, making your investment more affordable in the long run. Additionally, the loan to value ratio (LVR) plays a critical role in determining whether lenders mortgage insurance (LMI) is required. If the LVR exceeds a certain threshold, LMI may be necessary to protect the lender. This aspect is especially important when calculating investment loan repayments and planning for future financial commitments.

The type of interest rate you choose—variable or fixed—can significantly impact your loan strategy. A variable interest rate offers flexibility as it fluctuates with market conditions, potentially providing savings when rates decrease. Conversely, a fixed interest rate ensures consistent payments, which may be beneficial for budgeting. Understanding these options allows you to make informed decisions when applying for an investment loan. Our team at Newstone Finance is here to facilitate a streamlined application process, guiding you through every step from gathering bank statements to understanding the intricacies of the property market.

Buying a home as an investment involves more than just securing a loan; it includes considering additional costs like stamp duty and ongoing property management expenses. These factors must align with your overall financial situation to ensure a successful investment. Our role is to help you access the best investment loan options available, tailored to your needs. With our support, you can confidently apply for an investment loan and begin building or expanding your property portfolio.

At Newstone Finance, we are committed to simplifying the investment loan application process for our clients. Our knowledge of the property market and relationships with banks and lenders across Australia enable us to offer competitive Investment Loan Interest Rates and terms. If you are ready to explore investment loan options, let us assist you in making informed decisions that will benefit your financial future. Contact us today to start your journey towards successful property investment.

The Investment Loan Application Process

Understanding Your Needs

Your mortgage journey begins with a detailed consultation with your Finance & Mortgage Broker. Your broker will listen to your property goals, whether you’re buying a home, investing in real estate, or seeking a commercial loan. They will assess your financial situation, considering factors like income, savings, liabilities, and credit history, to provide tailored advice on loan options available to you.

Financial Positioning

Your broker will request relevant documentation such as bank statements, recent tax returns, and evidence of assets and liabilities to determine your borrowing capacity. They will calculate how much you can afford to borrow, considering important factors like LVR, potential LMI, and interest rates. Your broker will also advise you on how to improve your financial standing if necessary, ensuring you are in the best position to apply for a loan.

Comparing Loan Options

Once your financial situation is fully assessed, your broker will begin comparing loan products from a range of lenders across Australia. They will help you weigh the benefits of fixed interest rate loans versus variable interest rate loans, as well as exploring options for offset accounts and interest rate discounts. They will also explain important terms like loan features, fees, and other considerations like the potential for future rate changes or LVR adjustments.

Pre-Approval Process

Pre-approval is a crucial step in the property buying process. With pre-approval, you’ll have a clear idea of the loan amount you can borrow, which strengthens your position in the local property market. Your broker will help you gather the necessary documents and submit them to the lender for pre-approval, ensuring the process is as quick and straightforward as possible.

Submitting the Loan Application

Once pre-approval is in hand, your broker will help you complete the loan application. They will guide you through submitting all necessary paperwork to the lender, including documents like bank statements, proof of income, and details of existing liabilities. Your broker will communicate directly with the lender to ensure the application is processed quickly, ensuring no delays in getting you the loan you need.

Loan Approval & Settlement

After your loan is approved, your broker will review the final loan offer with you and help arrange any necessary insurance, such as mortgage protection insurance. They will also work with you to ensure you understand the terms of the loan and guide you through the settlement process. Your broker will remain available to help you navigate any final hurdles before you complete the purchase of your property.

Finalising Ownership

The final step is settlement, when your loan is officially advanced, and you take ownership of the property. Your broker will coordinate with the lender and conveyancer to ensure the transfer goes smoothly. Once the settlement is complete, you’ll officially become the owner of the property, and your Finance & Mortgage Broker will continue to offer guidance to help you manage your loan and stay on track with repayments.