More and more Kiwis have opted to invest in real estate as a prime wealth building strategy. Are you interested in adding to your investment portfolio with a property? Are you already a landlord and need some advice on your current real estate holdings?
There are many scenarios that fall within The Investment Property Loan whether it is for one property or a number of rental properties. We will assess your financial situation along with the subject property to provide you with the most suitable mortgage that will fit all of your needs.
Fair Advice NZ Advisers do not provide advice around the suitability of your proposed new purchase, or whether investing in property is right for you!
Using existing equity to purchase an investment property
You may be able to use the equity in your existing home to buy an investment property.
If you’ve owned your home for a few years, there’s a good chance you’ve built up some reasonable equity, and this can be a valuable resource when it comes to property investment.
We can help you to find out how much equity you have in your home, and how you might be able to use it to own an investment property sooner.
What is equity?
Home equity is the difference between the market value of your property and the amount still owing on your home loan. So, if the market value of your home is more than the amount you owe, you may be able to use this to get a loan.
Loan options of particular interest to investors
Like an owner occupier, you can choose to use a basic or more feature-filled standard variable rate loan to fund an investment property. However, there are certain loan options that can offer particular benefits to landlords.
For tailored advice, speak to our Mortgage Specialist, who can suggest right solutions for your needs, goals and situation.
Why use US?
You could go directly to a lender for your investment property mortgage, but your lender can only offer you solutions from the options they have available. We are not tied to a single lender but have access to a range of lenders and a range of structure options. In addition, if you do not meet the criteria of a main bank lender, you need not worry because there are other lenders in New Zealand who may have more flexible lending criteria. Experienced Mortgage Specialists like Fair Advice NZ have Mortgage industry knowledge so we can get the right solution for you.
Hunting for a mortgage is time and energy consuming - using our services gives you unparalleled convenience. We will give you a dedicated adviser to assess your specific needs, including repayment capabilities, so we can get the right fit for you.
Fair Advice NZ are not investment advisers.
Fair Advice NZ Advisers do not provide advice around the suitability of your proposed new purchase, or whether investing in property is right for you!
Make the call
If you’re keen for a chat, call us now on 0800 20 20 11 from 9:00am – 7:00pm Monday to Friday, 10:00am – 4:00pm on Saturday. If you’re too busy, we can call you instead.
Fair Advice NZ
3 Springside Drive
Flatbush, Auckland 2019
E-mail address:
[email protected]
Opening Hours:
Monday- Friday 9:00am – 7:00pm
Saturday 10:00am – 4:00pm