
Wisebuy Investment Group’s commercial & regular home mortgage loan brokers will assist you in finding the right fit mortgage from over 60 lenders in Newcastle.



If you have equity (total or partial ownership) in your residential home, you can use that equity as your deposit on an investment property loan.
The policies of different lenders varies, but each will have a maximum loan-to-value ratio (LVR) that they are prepared to accept for an investment property loan.The LVR is the amount of the loan expressed as a percentage of the value of the property.
For example, if you want to borrow $480,000 for an investment property worth $600,000, your LVR would be 80% (i.e.
If this percentage falls within the lender’s maximum LVR and you can demonstrate that you can afford your repayments, your investment Home Mortgage Loans Newcastle should be approved.Interest-only investment property loansAs the name suggests, interest-only investment property loans only require you to repay interest on the amount you borrow.
The main benefit of an interest-only loan is that it has low repayments, so taking one out can allow you to buy an investment property sooner.
An interest-only loan can also help you to afford a more expensive investment property.Interest-only loans are available for terms of up to five years.



