Investment Property Mortgages

By leveraging equity from your property, we can help you earn additional income through investment without needing to use any cash or savings. 

We analyze and screen any potential properties for you, and our in house rental property experts can make the purchase for you. 

Our rental property management team undertakes and renovations or repairs required to get the property ready for market, list it, get your tenants in, and actively manage any ongoing issues or maintenance.

Nothing at all! We take care of all of the work and administration and you will receive a monthly rental income payment deposited directly into your account.

First, we need to establish how much equity is available in your property that we can leverage against rental property investments to grow your property portfolio and your net worth.

To do this, we’ll just need a copy of a current mortgage statement. One of our rental specialists will undertake market analysis to identify the value of your existing property to confirm your available equity.

No. We’ll arrange for an appraiser to advise of your expected rental income, and lenders will need this as part of the criteria for your mortgage application. 

We suggest that you look for properties that do not currently have tenants. Having not been involved in the existing tenant’s application process, there is a risk that the previous landlords didn’t undertake their due diligence, and you may run into problems in the future. 

A frequent concern for rental property investors is buying a property and having the related expenses, but then not finding a tenant to pay rent and cover these expenses.

Thankfully, this is not something you need to worry about. Rental property demand far exceeds supply.

Furthermore, on average, the time between an offer being accepted and closing is less than 90 days. We will add a condition to your offer to further view the property multiple times before closing. 

This allows for viewings to be used as an opportunity to have tenants view the property in advance of closing to expedite the time taken for a tenant to be in place once the property is yours. 

Our rental property management team will also arrange for the property to be marketed, undertake viewings on your behalf, and confirm potential tenants after reviewing their financial and personal suitability. 

If you are not planning to occupy the property, a 20% down payment is required.

In the case of a duplex, where you will occupy a unit, the minimum is 5%. 

For a property with 3-4 units, where you will occupy one, the minimum is 10%. Income from all of the tenant-occupied units is able to be used on your mortgage application as a qualifying income.

Though it might not sound right that an investment property would have a premium attached to the rate of a traditional residential property purchase, it comes down to risk exposure. If you were to get sick, lose your job, or go through some hard times, you’re more likely to keep up payments on your primary residence than a rental property (if a choice needed to be made). 

In addition to this, limited liquidity reduces the number of eligible buyers by restricting their ability to qualify.

For these reasons, lenders will often include a 0.25-0.35% premium.

On the positive side, we are able to arrange a 30-year repayment period, which means lower monthly payments compared to a 25-year mortgage.