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Property Investment Loans: The Six Steps to Getting Your Loan Approved

There are a number of ways to get property investment loans approved

Getting property investment loans approved can be a daunting task. We have compiled six steps detailing how to get a loan for investment property. They are:

Investment Property Home Loans Step One: Statement of position – a list of your assets, liabilities, income and expenditure.

Investment Property Home Loans Step Two: Employment history – are you stable or do you job hop?

Investment Property Home Loans Step Three: Time in your principal place of residence – how often have you changed addresses?

Investment Property Home Loans Step Four: Credit history – what defaults are lenders going to discover when they do a credit check on you?

Investment Property Home Loans Step Five: Capacity to repay – this looks at your earnings- regular wages, contract payments, rental income etc.

Investment Property Home Loans Step Six: Property valuation – what's the value of the property you want to buy and how much of that do you want to borrow?

To learn more about how to get a loan for property investment or to book your FREE personal property investment analysis, Contact our team of Property Investment Specialists today and ask about property investment home loans.

 

DISCLAIMER: This information is of a general nature only and does not constitute professional advice. We strongly recommend that you seek your own professional advice in relation to your particular circumstances.

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Don Crellin

Position: 
General Manager, Resolve Finance
Don Crellin brings a wealth of knowledge and experience to the company. With over 25 years of experience in the mortgage industry, he joined Resolve in 2007 after leaving ANZ, where he was a member of the Senior Executive Team. Don’s experience spans both the Australian & New Zealand mortgage markets.