Market Update - Investment Lending

The past 3 months have seen significant movements in the investment lending area.

This includes lenders reducing their borrowing limits for investment properties between 50% to 80% of the Loan to Value ratio of the purchase. (LVR) Interest Only loans have also been affected; Rates on interest only loans have increased up to 1.3% above the rates of a standard Principle and interest only loan.

Examples below:

• AMP Interest only investment loan maximum borrowing of 50% LVR

• Adelaide bank Interest only investment loan maximum borrowing of 70% LVR

• Bankwest Interest only investment loan maximum borrowing of 80% LVR

• ANZ Interest only investment loan maximum borrowing of 80% LVR

• NAB Interest only investment loan maximum borrowing of 80% LVR

Home affordability solutions offer a wide range of options for our investment clients our investment clients outside of what the major banks are offering. To see if you qualify for your next investment property, please contact our team on (02) 8188 4888.