Investment Loans

At Solve It Finance, we understand that investing in property is a significant step towards building wealth and securing your financial future. Whether you're considering purchasing your first investment property or expanding your existing investment property portfolio, accessing the right investment loan options is crucial. Our services are designed to help Perth clients find suitable investment loans from banks and lenders across Australia, ensuring a smooth journey into the property market.

When exploring investment loan options, one of the primary considerations is the interest rate. We provide guidance on both variable and fixed interest rates, helping you decide which is best suited to your financial situation. Variable interest rates offer flexibility, potentially benefiting from market fluctuations, whereas fixed interest rates provide stability and certainty over time. Our expert brokers are here to explain these nuances and help you make informed decisions.

Another essential factor is understanding lenders mortgage insurance (LMI), which may apply if your loan to value ratio (LVR) is above a certain threshold. LMI protects the lender if you default on your loan. We assist you in calculating the LVR to determine if LMI applies to your situation and explore ways to minimise this cost where possible. Additionally, we offer insights into potential interest rate discounts you might qualify for, further enhancing your investment's profitability.

Your credit history plays a vital role in the investment loan application process. A strong credit history can positively impact your borrowing capacity and may lead to more favourable terms. Our team will review your financial situation, including credit history and bank statements, to provide a clear view of your borrowing potential. Understanding these elements can significantly streamline the application process, making it less stressful for you.

When applying for an investment loan, it's important to consider all associated costs, such as stamp duty. These expenses can influence the total loan amount and should be factored into your financial planning. We help you estimate these costs and incorporate them into your calculations for investment loan repayments. By doing so, you can maintain a comprehensive picture of the financial commitment involved in buying a home as an investment property.

For those new to the property market, applying for an investment loan might seem complex. However, our streamlined application process makes it more accessible. We guide you through each step, from assessing your borrowing capacity to submitting the investment loan application. Our goal is to simplify the experience, allowing you to focus on selecting the right property for your portfolio.

In the competitive property market of Perth, accessing the right investment loan options can set the foundation for successful property investments. At Solve It Finance, we are committed to providing personalised support tailored to your needs. Whether you're calculating investment loan repayments or understanding the impact of the Investment Loan Interest Rate, our team is ready to assist. Contact us today to explore how we can facilitate your journey towards a successful investment property portfolio.

1. Initial Consultation with your mortgage broker
   Your journey starts with a one-on-one conversation with your expert mortgage broker. We take the time to personally understand you and your financial goals, whether you're buying your first home, investing in property, or securing a commercial loan.

2. Assessing Your Financial Position
   Next, we’ll gather the necessary documents such as pay slips, tax returns, tax returns and details of your assets and liabilities. This helps us assess how much you can comfortably borrow. We’ll explain your borrowing capacity, and guide you on steps to strengthen your position if needed, ensuring you’re set up for success.

3. Exploring Loan Options
   Once we understand your financial picture, we’ll research various options from our large range of lenders to find the best fit for you. We’ll explore all aspects, including interest rates, loan features, fees, and terms, so you’re fully informed about your choices.

4. Pre-Approval Process
   Pre-approval is a crucial step in the property buying process. With pre-approval, you’ll have a clear idea of the loan amount you can borrow, which strengthens your position in the local property market. Your broker will help you gather the necessary documents and submit them to the lender for pre-approval, ensuring the process is as quick and straightforward as possible.

5. Submitting the Loan Application
   Once pre-approval is in hand, your broker will help you complete the application to unconditional approval. They will guide you through submitting all the remaining items to the lender such as a contract of sale and valuations. Your broker will communicate directly with the lender to ensure the application is processed quickly, ensuring no delays in getting you the loan you need.

6. Loan Approval & Settlement
   After your loan is approved, your broker will review the final loan offer with you and help arrange any necessary insurance, such as mortgage protection insurance. They will also work with you to ensure you understand the terms of the loan and guide you through the settlement process. Your broker will remain available to help you navigate any final hurdles before you complete the purchase of your property.

7. Finalising Ownership
   The final step is settlement, when your loan is officially advanced, and you take ownership of the property. Your broker will coordinate with the lender and conveyancer to ensure the transfer goes smoothly. Once the settlement is complete, you’ll officially become the owner of the property, and your Finance & Mortgage Broker will continue to offer guidance to help you manage your loan and stay on track with repayments.