Top 3 Finance Tips To Build Your Property Portfolio Post APRA
Building an investment property portfolio has never been more challenging than in the restricted lending environment post-APRA reform. Mortgage broker Richard Morgan offers practical tips to help wealth builders continue to achieve their goals.
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Lending restrictions introduced by the Australian Prudential Regulation Authority (APRA) have hit investors, but their impacts can be lessened by focussing on key finance strategies. The measures announced in March 2017 have drastically impacted serviceability with lenders complying to higher assessment rates and discounting rental income by up to 50%. In many cases, this has prevented investors from further borrowing. By working in conjunction w…
