Investment Loans
Secure the right Investment Loan to buy your first investment property or expand your property portfolio. Get help from an experienced Mortgage Broker at Mondo Mortgages today!
Rated 5 from 14 Reviews
Rated 5 from 14 Reviews
At Mondo Mortgages, we understand that purchasing property for investment can be both an exciting and significant financial decision. Investment loans are a crucial part of this journey, offering specialised options tailored for Australians looking to expand their property portfolios. Whether it’s your first investment property or an addition to your existing collection, our team is here to provide guidance. With our extensive experience and access to investment loan options from banks and lenders across Australia, we aim to simplify the process, ensuring you find the right fit for your financial situation.
When considering investment loans, a thorough understanding of interest rates is essential. These rates can notably impact your repayments, so choosing between a variable interest rate and a fixed interest rate is critical. Variable rates can fluctuate with the market, potentially offering savings when rates are low, but they require a readiness for possible increases. Conversely, fixed rates provide stability by locking in a set rate, making budgeting easier. Mondo Mortgages offers insights into the current property market and helps clients weigh these options to align with their investment goals.
Another key aspect to consider is the loan to value ratio (LVR), which determines how much you can borrow against the property's value. A lower LVR often results in better interest rate discounts and reduced lenders mortgage insurance (LMI) costs. However, a higher LVR might increase borrowing capacity but also potentially lead to higher LMI premiums. Our team at Mondo Mortgages will assist you in evaluating your options to maximise your borrowing potential while keeping costs manageable.
Credit history also plays a significant role in applying for an investment loan. A strong credit history can enhance your chances of securing favourable terms. Banks and lenders will assess your creditworthiness through credit scores and bank statements to determine the loan amount you qualify for. We guide you through this process, helping you present the best possible profile to lenders and improving your investment loan application success rate.
Understanding additional costs such as stamp duty is vital. This government tax varies across states but can significantly affect the overall cost of buying a home. Calculating investment loan repayments accurately requires accounting for these expenses alongside other factors like LVR and interest rates. Our experts provide tools and advice to help you estimate these costs effectively.
The application process for an investment loan can be complex, yet at Mondo Mortgages, we pride ourselves on offering a streamlined application process. We assist you in gathering necessary documents, such as bank statements and proof of income, ensuring a smooth experience from start to finish. By analysing your borrowing capacity, we tailor solutions that suit your unique needs and long-term objectives.
Ultimately, building an investment property portfolio is more than just acquiring real estate; it’s about making informed decisions that contribute to financial growth. Our commitment at Mondo Mortgages is to support you every step of the way, from applying for an investment loan to managing your portfolio effectively.
We invite you to contact Mondo Mortgages today for a consultation. Our team is ready to help you explore investment loan options that align with your vision for property investment in Australia. Let us assist you in taking this significant step towards financial success with confidence and clarity.
Your journey starts with a friendly chat with one of our qualified Finance & Mortgage Brokers. We take the time to understand your situation, including any special policies or offers you might be eligible for. We’ll also walk you through different Investment Loan types and loan options from lenders across Australia and outline the next steps in the process.
We’ll work together to get a clear picture of your financial position - your income, assets, and credit history - so we can determine your borrowing power. We’ll also review your bank statements and other relevant documents to recommend the best lenders and loan products for you.
We will help you set an appropriate price limit and loan amount, look at interest rates (both variable and fixed), and potential interest rate discounts. We also explain the importance of loan-to-value ratios (LVR) and help minimise any lender’s mortgage insurance (LMI) that may be applicable. When all this is done we’ll get your Investment Loan Pre-Approval in place, so you can confidently start bidding or making offers on properties.
When settlement takes place, you get the keys to your new property and your new loan will be drawn down. We will be with you throughout and will coordinate the settlement process with your lender and conveyancer. Moving forward, we’ll be there to assist with any questions you have about your Investment Loan and to conduct reviews at regular intervals to make sure your loan remains competitive.
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Jenny Elizabeth
Sean is friendly, kind and generous with his knowledge and time. He has strong professional relationships with all the lenders and was able to get us a an excellent mortgage set up, despite me being on maternity leave.
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Nate D
Mondo Mortgages mad a complex arrangement much easier. Through thorough communication Mondo Mortgages guided us through every step. I particularly appreciated being guided and advised all options that were available to us during the purchase of our home. And have a trusted and reliable contact was invaluable. I highly recommend them. Thank You
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Ed Commander
Sean and the Mondo team were absolutely fantastic - and not the first time he has helped us secure the best mortgage deal for us! His advice was valuable, and we are so grateful we took it. Communication is excellent; we always knew what ...
Mortgage Brokers are there to help you find the right loan whether it be from the major banks, smaller lenders or other sources. We have a broad range of products (more than any single lender can offer) which means we can do all the legwork to find the right loan for you.
We take look at a wide range of products available from Banks, Credit Unions & other lenders across the country. This means we can search thousands of products and make sure we're always recommending the best Home Loans for our clients.
We can help with Home and Investment Loans, Construction Loans, Car Loans, Personal Loans and much more. If you're looking to borrow to buy something, we can probably help.
Of course! We believe that we can find the best interest rate for you to refinance to, whether it's a Home Loan or Investment Loan.
We love helping First Home Buyers! We're experts at the entire process and can help you get the right Home Loan. We're also across the various schemes to help First Home Buyers such as the First Home Owners Grant and the various stamp duty exemptions available.
All of our Mortgage Brokers are accredited and members of the Mortgage and Finance Association of Australia. They are extremely professional and provide exceptional service across a range of lending options.
Yello Brick Pty. Limited ABN: 63096397867. Credit Representative #371052 is authorised under Australian Credit License #387856.
Disclaimer: This page provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances.
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