What you need to know when applying for an investment loan
Applying for finance as a first-time investor can be a complicated process that features several subtle differences from obtaining a loan for a property intended to be lived in.
Banks treat investor loans differently to finance for owner occupiers, but if borrowers are well-informed, they can take steps towards investment success. Photo: Shutterstock (Image source: Shutterstock.com)
Applying for finance as a first-time investor can be a complicated process that features several subtle differences from obtaining a loan for a property intended to be lived in.
But if investors have a solid understanding of what lenders are looking for, the process can be as smooth as applying for owner-occupier finance.
Specialist Mortgage director of finance Helen Avis
told Australian Property Investor Magazine that there were several crucia…
