Investment Loans - Finance & Mortgage Brokers

Investment Loans

At JFS Financial Strategists, we're Mortgage Brokers helping clients Australia-wide secure the right Investment Loan to buy an investment property

5.0

from 144 Reviews

Header Photo for JFS Financial Strategists

Whether it's your first investment property or a portfolio, we're here to help

If you're considering taking the leap into property investment in Strathfield, Sydney's Inner West or anywhere in Australia, JFS Financial Strategists can guide you through the process. Our expertise in investment loans ensures you access investment loan options from banks and lenders across Australia, tailored to suit your financial situation and investment goals. Whether you're buying a home, expanding your investment property portfolio, or simply want to understand more about the property market, we help you navigate the complexities of investment loans with ease.

When applying for an investment loan, one of the first factors to consider is your borrowing capacity. This is determined by your credit history, income, and existing financial commitments. Your credit history plays a crucial role in not only the approval of your loan application but also in securing favourable interest rate discounts. At JFS Financial Strategists, we provide a streamlined application process, ensuring that all necessary documents like bank statements and proof of income are in order, making the investment loan application less daunting.

Another important aspect is understanding the different types of interest rates available. Typically, you can choose between a variable interest rate and a fixed interest rate. A variable interest rate may fluctuate with market conditions, potentially offering lower rates but with higher risk. On the other hand, a fixed interest rate provides stability over a set period, which can simplify your financial planning. We assist you in calculating investment loan repayments for both types of rates, helping you make an informed decision that aligns with your financial situation.

Lenders Mortgage Insurance (LMI) is another critical component to consider if your loan to value ratio (LVR) exceeds 80%. LMI protects the lender in case you default on your loan but can increase your overall borrowing costs. Understanding how LMI impacts your loan amount and monthly repayments is vital. Our experienced team will guide you through these intricacies and help you find ways to potentially avoid LMI or minimise its impact.

Stamp duty is another cost that can affect your investment. This state government tax is payable when buying a home or an investment property and varies depending on the property's value and location. Factoring in stamp duty when calculating your total investment outlay is essential for accurate financial planning. JFS Financial Strategists provides detailed information on stamp duty applicable to properties in Strathfield and beyond, ensuring no unexpected expenses derail your plans.

The property market is ever-changing, and staying updated with current trends can make a significant difference in your investment strategy. Whether you are buying your first investment property or adding to an existing investment property portfolio, understanding market dynamics is crucial. Our team offers insights into market trends, helping you make well-informed decisions that maximise your investment returns.

Applying for an investment loan doesn't have to be overwhelming. At JFS Financial Strategists, we believe in simplifying the application process for our clients. From initial consultation to loan approval, our goal is to make your journey as smooth as possible. We work closely with banks and lenders across Australia to find the best investment loan options tailored to your needs, ensuring favourable terms and conditions.

Navigating the world of investment loans can be complex, but with JFS Financial Strategists by your side, you're in capable hands. We summarise key points such as understanding borrowing capacity, choosing between variable and fixed interest rates, managing Lenders Mortgage Insurance (LMI), and factoring in stamp duty. If you’re ready to explore your investment loan options or need more information on any aspect of the application process, contact us today. Let us help you take the next step towards building a successful investment property portfolio.

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Our Recent Reviews

Jamie is a professional broker who helped us with getting or loan documents for our next purchase he is very dedicated to his job and always try to resolve any difficulties many thanks Jamie

John Ta

Very professional! Quick response and always give us the best competitive interest rate. Highly recommended!

Emily Nguyen

I can’t recommend Jamie highly enough! From start to finish, he made the entire process of securing a mortgage for our new property seamless and stress-free. Jamie was incredibly knowledgeable, professional, and always available to answer any questions we had along the way. What stood out the most was his dedication to finding the best rates and terms for us while ensuring we understood every step. They went above and beyond to simplify what can often feel like an overwhelming process, providing clear guidance and constant updates. Thanks to his expertise and personalized approach, we were able to close on our first IP without any hiccups. Thank you for making this milestone such a positive experience!

Praveen Sagar Cheerla

Jamie and his team was honestly efficient in helping us dealing with my father first investment property. They were knowledgeable and supportive throughout the whole process. He made sure we understand every steps of the way and was always available to answer many of our questions. Thank you guys. Highly recommended!

Helen Lam

Frequently Asked Questions

How Much Deposit Should I Have?

Most lenders will require a 20% deposit for home loans and processing fees. That’s why we suggest having at least a 20% deposit so we can better negotiate the rates for your loan.

Otherwise, we can look for other solutions such as a Family Guarantee or government grants such as the First Home Loan Deposit Scheme (FHLDS).

How Much Will Getting a Home Cost?

Here is the breakdown of costs in processing or buying a new home. Note that your real estate broker may have more or fewer requirements and fees depending on several factors.

- Home loan deposit (we recommend a 20% deposit if you don’t have government schemes in place)
- Legal fees
- Lenders’ Mortgage Insurance (LMI), although we can help you negotiate for an 80% LVR with no LMI for home loans depending on your financial position.
- Lender’s Establishment Fees for Specialist Loans

Furthermore, your local council may require you to pay the following fees:

- Government Registration & Transfer Fees
- Due Diligence Fees (pest inspection, strata report, etc.)

Aside from legal and lending fees, you should also note labour costs, moving, and furnishing your new home. Don’t forget about living expenses and your monthly mortgage repayments.

What if I Can’t Make the 20% Loan Deposit?

Usually, you only need to have a minimum deposit of about 5-10% of the property value to purchase it.

But if you still don’t have that amount, we recommend opting for a family guarantee, especially if your parents have considerable equity in their property. Otherwise, paying for LMI should help you get finance as long as you and the house you want to purchase are eligible.

Why Do I Need a Mortgage Broker for Property Investing?

Having a time-tested and proven mortgage broker can help you:

- Thoroughly assess and determine your borrowing capacity.
- Understanding what documents you need to prepare when buying a property
- Make sure you have enough equity and set an appropriate property budget.
- Develop a long-term and sustainable financing strategy
- Establish a sustainable and reliable financing strategy
- Take you through different partner specialists (solicitors, tax and depreciation experts, mortgage brokers, and buyer agents)

Property investors should also walk away with an improved loan portfolio with our help at JFS Financial Strategists.

How Can I Tell if Property Investing Works for Me?

Before venturing into property investing, make sure you have:

- Extra cash flow after deducting living expenses and outstanding debts
- Saved enough equity or deposit in a property.

Besides, remember that investing incurs varying risks. So we recommend having an investor’s mindset and trying to mitigate the risks of investing by looking into what you will earn in an investment property.

That means going out of your way to make several enquiries just to ensure what you’re venturing into is right for you.

What is LMI or Lenders’ Mortgage Insurance?

When applying for a home loan, you should hear the term LMI or Lenders’ Mortgage Insurance from your bank or broker.

You pay your insurance provider a one-time fee when applying for loans above a specified Loan to Value Ratio (LVR).

LMI is required when the bank or lender is exposed to higher risk on your loan. What happens when you’re borrowing more for less deposit.

If you default on the loan and the bank sells the property at a loss, the LMI insurer will reimburse your lender for the loss. On your end, that means you can borrow more and purchase higher-valued properties. The only con is that you need to pay an LMI fee which increases along with LVR and loan amount.

Who Are We?

At JFS Financial Strategists we are big about saving you time and money so you could spend more time on doing what you love. We take over the project from start to finish, through research, reviewing the fine prints, negotiations with lenders and their credit managers, comparing rates and fees to achieve your goals.

How Much Amount Can I Borrow?

The amount and Loan to Value Ratio (LVR) you can borrow will depend on your capacity to repay the loan. In other words, your net income is gross income minus tax and other expenses you need to make.

Contact

North Strathfield, NSW

0401 855 096

JFS Advisory Pty Ltd ABN: 19 623 513 119. Credit Representative #427424 is authorised under Australian Credit License #387025

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.

Cashback Offers: From time to time, we may run campaigns that include cashback in the form of cash gift cards. The gift card would be set to 25% of the total agreed dollar value, and distributed half yearly within the first two years. Cards will not be issued if loan facilities were discharged within the first 24 months.