Investment Loans

Whether it's your first investment property or a portfolio, we're here to help

Investing in property is a significant financial decision. At Derry & Co., we specialise in helping clients from Perth, Western Australia, and across the nation to access investment loan options from banks and lenders throughout Australia. Whether you're considering buying your first investment property or expanding your investment property portfolio, understanding the intricacies of investment loans can make all the difference. We are here to guide you through the maze of interest rates, lenders mortgage insurance (LMI), and other critical factors, ensuring you make informed decisions tailored to your financial situation.

When applying for an investment loan, several factors come into play. One of the primary considerations is the interest rate. Investment loans can come with either a fixed interest rate or a variable interest rate, each with its advantages. A fixed interest rate offers stability in your repayments, making it easier to plan your finances. On the other hand, a variable interest rate might provide more flexibility, potentially benefiting from interest rate discounts if market conditions are favourable. At Derry & Co., we help you weigh these options based on your financial goals and the current property market trends.

Another crucial aspect involves understanding your borrowing capacity and how it influences the loan amount you can secure. Your credit history is a pivotal component in this assessment. A strong credit history can enhance your borrowing capacity and may lead to more favourable terms, such as lower interest rates or reduced LMI. We recommend clients regularly review their credit report to ensure it accurately reflects their financial behaviour. By doing so, you can strengthen your investment loan application and increase your chances of approval.

The loan to value ratio (LVR) is also a fundamental element when considering an investment loan. LVR determines how much you can borrow in relation to the property's value. A lower LVR often translates to better interest rates and may reduce or even eliminate the need for LMI. Our team at Derry & Co. can assist you in calculating your investment loan repayments and optimising your LVR to suit your investment strategy. Additionally, factors such as stamp duty and other buying costs need consideration when planning your investment.

Navigating the application process for an investment loan can be complex. At Derry & Co., we offer a streamlined application process designed to minimise stress and maximise efficiency. Gathering essential documents like bank statements and proof of income is just the beginning. Our experienced brokers guide you through each step, ensuring that every detail of your investment loan application is meticulously handled. Our goal is to secure the most suitable investment loan options that align with your aspirations, whether you're entering the property market for the first time or enhancing an existing portfolio.

Investing in property is an exciting journey, and choosing the right financial partner is crucial. At Derry & Co., we are committed to supporting you every step of the way, providing personalised advice and access to competitive investment loan options from banks and lenders across Australia. Understanding the dynamics of interest rates, LMI, and other influencing factors can empower you to make savvy investment decisions. Contact us today to discuss how we can assist you in achieving your property investment goals with confidence and clarity.